Westchester County Business Journal: 091619

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PRINT JOURNALISM: BECAUSE IT STILL MATTERS. SEPTEMBER 16, 2019 VOL. 55, No. 37

westfaironline.com

Condemnation? See story on page 20

Properties on E. Post Road in White Plains may be taken under eminent domain. White Plains Hospital is across the street from the properties. Photo by Bob Rozycki.

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BUSINESS FUNDING

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PEEKSKILL TOUR

HOLLYWOOD ON THE HUDSON

LIONSGATE TO BE ANCHOR TENANT AT NEW $100M YONKERS MOVIE STUDIO BY PETER KATZ pkatz@westfairinc.com

THERE’S A PROPOSAL TO BRING Hollywood to Yonkers

in the form of a new movie and television production studio that is expected to cost more than $100 million and would be used by Lionsgate, a producer of motion pictures, television series, digital products and more. The studio is proposed for 28 Wells Ave., next to the Kawasaki Rail Car plant, for-

merly Otis Elevator and part of the iPark Hudson campus which covers 24 acres. Great Point Capital Management, a media-focused investment fund run by Robert Halmi and Fehmi Zeko, has signed a letter of intent with Lionsgate to build the production facility with Lionsgate becoming a long-term anchor tenant and investor in the studio complex. As anchor tenant, Lionsgate will have nam» LIONSGATE

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Rendering of the proposed movie and TV studio in Yonkers.

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