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Issue 37
September 2006

NYC Council Approves Silvercup Expansion

The New York City Council has approved the one billion dollar expansion project of Silvercup Studios on the Queens East River, adjacent to its main lot. The expansion will include an apartment complex, cultural center, an esplanade and commercial office spaces.

The project is expected to generate many jobs—an estimated 2200 during construction, 3900 permanent positions and 2500 indirect jobs, which would result from its soundstages and retail stores.

Groundbreaking is expected to take place in winter of next year, and construction to finish sometime in 2010. The land was purchased in 1999.


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