"The importance of diversifying our economy is more obvious today than ever, and continued investments in New York City's entertainment industry is one of ways we've been doing it," said mayor Bloomberg. "Since 2002, we've expanded our Office of Film, Theater and Broadcasting and made strategic investments in the industry. Under the leadership of commissioner Oliver, those efforts are paying off. We've seen a 92% increase in shooting days since 2002, and today our film and television production industry generates $5 billion a year in economic activity and supports 100,000 jobs. Governor Paterson and the state legislature share our commitment to growing the industry, having recently approved an expansion of the state production incentive program. The $22 million expansion of Kaufman Astoria Studios will greatly bolster our efforts to grow the industry by providing much needed studio space. I look forward to seeing the results of the bright lights of Stage K on the big screen in the Big Apple."
Stage K was designed by award-winning architect Janson Design Group, and includes construction of a 40,000 s/f facility. Stage K will feature an 18,000 s/f sound stage for film and television productions along with 22,000 s/f of support space that will consist of dressing rooms, offices, prop rooms, makeup rooms and a carpentry shop. The $22 million project was made possible through a roughly $5 million grant from the city administered through a funding agreement with New York City Economic Development Corp., and $2 million in grant and loan assistance from the Empire State Development Corp.
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