News Summary

• Shadowbox Studios has taken on management of Kaufman Astoria Studios in New York.
• The 500,000 square-foot campus in Astoria, Queens, is an historic studio facility where classic film and TV hits including Goodfellas and Sesame Street filmed.
• In April, Deutsche Bank filed a foreclosure complaint against the studios and its then owner Hackman Capital Partners, alleging a default on a $340 million loan that was due to be paid last fall.
• The court subsequently appointed a receiver, which in turn appointed an operator for the studios – step forward Shadowbox.