Governor Andrew M. Cuomo has announced the completion of Silvercup North, a new film and television production facility in the South Bronx. Silvercup Studios, one of the leading independent, full-service film and television studios in the Northeast, built the $35 million studio complex to help meet the growing needs of New York’s booming film and television industry. The new facility--Silvercup’s third New York studio--and the productions that will occupy it will create an estimated 400 well-paying production-industry jobs, as well as generate local revenue through the purchase of materials and other goods and services. Silvercup was awarded a $1.6 million performance-based grant through the New York City Regional Economic Development Council to assist with the construction, renovations and purchase of machinery and equipment for the new facility. The project created approximately 100 construction jobs.
“Silvercup Studios is a great New York success story, whose growth and strength parallels everything going on in the Bronx right now,” Governor Cuomo said. “This expansion will help create hundreds of good-paying jobs, generating millions of dollars to local businesses and further build upon New York’s booming film industry.”
Assembly Speaker Carl Heastie said, “The Assembly Majority has vigorously supported the New York State Film Tax Credit - which now stands at $420 million annually - because when the highly mobile television and film industry takes root in our State, jobs and economic opportunity follow. The expansion of Silvercup Studios into the Bronx reflects their continued commitment to doing business in our State, while bringing jobs to where they are badly needed. Many of the studio’s past productions have become part of the American story, and with today’s announcement the people of the Bronx will have a role in telling it.”
www.shootonline.com/news/silvercup-north-opens-bronx-company%E2%80%99s-3rd-ny-facility-expected-generate-jobs-revenue
“Silvercup Studios is a great New York success story, whose growth and strength parallels everything going on in the Bronx right now,” Governor Cuomo said. “This expansion will help create hundreds of good-paying jobs, generating millions of dollars to local businesses and further build upon New York’s booming film industry.”
Assembly Speaker Carl Heastie said, “The Assembly Majority has vigorously supported the New York State Film Tax Credit - which now stands at $420 million annually - because when the highly mobile television and film industry takes root in our State, jobs and economic opportunity follow. The expansion of Silvercup Studios into the Bronx reflects their continued commitment to doing business in our State, while bringing jobs to where they are badly needed. Many of the studio’s past productions have become part of the American story, and with today’s announcement the people of the Bronx will have a role in telling it.”
www.shootonline.com/news/silvercup-north-opens-bronx-company%E2%80%99s-3rd-ny-facility-expected-generate-jobs-revenue
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