News: Brokerage

Production studio to be developed in Tryad's RTP

According to the Tryad Group, owner of the Rochester Technology Park (RTP), and Emmy Award-winning director and producer Alex Miltsch, they have created Rochester Park Studios, a planned entertainment industry destination and home to state-of-the-art production facilities. In its first phase, Rochester Park Studios facilities would be developed in buildings 2 and 3 of the tech park and include permanent sound stages, planned back-lot locations, post-production facilities, dedicated production office space, and mixed-use space to accommodate production industry vendors and support companies. Dedicated sound stages and studio office space will accommodate production from pre to post. "Rochester Park Studios will be the premier place in upstate New York for creative professionals, including the local talent that defines Rochester's reputable production scene," said Miltsch, president and founder of Rochester Park Studios. "Thanks to the Tryad Group and Rochester Technology Park, the vision to create Rochester Park Studios — which began in 2006 as 'Productionville' — is now well on its way to reality." "The planned development of Rochester Park Studios is another feather in the cap for the local film industry," said Rosie Taravalla, executive director of the Rochester High Falls International Film Festival. "We look forward to working with Alex and the Tech Park team in growing what will be another vital resource for the production of film, television and music here in Rochester." Tryad principal Josh Yashar sees Rochester Park Studios as an opportunity to expand economic development and create jobs in the Rochester region. The planned investment in Rochester Park Studios is undisclosed. However, Miltsch is in the process of forming a strategic development group comprised of industry players, development partners and local business and community leaders.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,