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New York & Tri-State  + New York  + Industrial  | 

$100M Lionsgate Film Studio Coming to Yonkers

Great Point Capital Management, a media-focused investment fund run by Robert Halmi and Fehmi Zeko, signed a letter of intent with Lionsgate to build a $100-million production facility in Yonkers, NY. Lionsgate will anchor the project and will have naming rights to the studio complex.

Construction on the Yonkers site will start this November, with a late-autumn 2020 completion targeted. It will include three 20,000-square-feet and two 10,000-square-feet stages, a fully-operational back lot and the opportunity to create a location-based entertainment property.

A key investment partner and project developer is National Resources, which has tallied more than $1.5 billion of redevelopment, and will be responsible for all phases of design and construction of the studio complex.

“The growth and revitalization of Yonkers as well as its proximity to New York City make it an ideal location for a film studio,” said Joseph Cotter, president of National Resources.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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