Shrugging Off Netflix’s Shrinking Demand, New York-Area Film Studios Keep Expanding

Hackman Capital Partners has been betting big on the continued strength of New York’s film industry. The real-estate investment firm and operating company, in partnership with Square Mile Capital Management LLC, bought Kaufman Astoria Studios in Queens last year for an undisclosed price. The partners acquired Silvercup Studios, which has three film campuses in Queens and the Bronx, in 2020.