You are reading

LIC-Based Silvercup Studios Sold To Investment Group For $500m: Report

Sept. 25, 2020 Staff Report

A real estate investment group has signed a contract to buy Silvercup Studios for $500 million, according to the Wall Street Journal.

The group led by Hackman Capital Partners, a Los Angeles-based real-estate investor and operator, signed a contract to buy the studios and the accompanying real estate, the outlet reported Wednesday.

Silvercup is known as the site where “Sex and the City,” “The Sopranos” and “30 Rock” were filmed.

The company is owned by brothers Stuart and Alan Suna, both high-profile businessmen in Long Island City who are known for sponsoring and donating to local events. Alan Suna is on the board of the Long Island City Partnership.

It is not clear whether the Sunas will retain a minority stake in the studios as part of the deal.

The company has a total of 19 studios at its 42-22 22nd St. and 34-02 Starr Ave. locations in Long Island City. It also has a production facility in the Bronx that has been in operation as Silvercup North since 2016. It houses four studios there.

The company opened its first location in 1983 in a former flour silo of the Silvercup Bakery.

Silvercup Studios is now New York City’s largest film and television production studio. Other production facilities in New York include Steiner Studios, Kaufman Astoria Studios and Broadway Stages.

The company was not immediately available for a response.

email the author: [email protected]

4 Comments

Click for Comments 
ABoondy

they finally found a sucker to buy that dump. congrats! hopefully they can demolish that hideous eyesore of asign.

22
Reply
HA. OK.

Amazon is definitely a part of this.

Netflix got caught sleeping.

They should be putting their HQ in LIC.

4
1
Reply

Leave a Comment
Reply to this Comment

All comments are subject to moderation before being posted.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Recent News

Op-Ed: Invest in our children in next year’s budget

Dec. 7, 2023 By Assemblymember Jessica González-Rojas

Eighty-five percent of brain development happens during the first three years of life. For young children who need additional support, interventions like speech, occupational and physical therapies can create positive changes that have a lifelong impact on their social, physical and emotional health, as well as their success in school and beyond. That’s why New York’s Early Intervention program was created – to provide New York families with accessible resources to help their young children meet their developmental goals and thrive.

“New York’s Funniest Stand-Up” with Matt Koff

Dec. 6, 2023 by Jill Carvajal

The “New York’s Funniest Stand-Up” competition recently celebrated its 15th year as part of the annual New York Comedy Festival both founded by Caroline Hirsch of Caroline’s on Broadway. New York’s Funniest and previous winners have gone on to become some of the biggest names in comedy.

Buy ‘Made in Queens’ this holiday season

Dec. 1, 2023 By Tammy Scileppi

Seems as if the holiday season is coming upon us quicker than ever! And if you’re running out of thoughtful ideas for gifts and stocking stuffers, here are some tempting offerings, courtesy of those innovative Made in Queens (MiQ) folks.