Greekreporter. com revealed in a recent exclusive article that, after creating four giants in New York City’s construction sector, serial-entrepreneur John Kalafatis, has started the development of a hundred-million-dollar movie studio in the Big Apple, tapping into the city’s booming movie-industry.
Three years ago, with a move that went unnoticed, the Greek-American businessman purchased York Studios, a small studio in Maspeth, NY, while he also purchased the largest open lot in the 5-boroughs of the City. The property will be housing the new facilities of York studios, now under construction, at 1440 Story Avenue in The Bronx.
“We expect the industry to keep booming, our smaller existing studio which is fully operational has been booked for the next two years and people are constantly looking for space,” notes Kalafatis.
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Photo Source: Wikimedia Commons Copyright: Hromoslav License: CC-BY-SA
Source: greekreporter.com
