Hackman Capital Partners and Square Mile Capital acquire Kaufman Astoria Studios

Hackman Capital Partners and Square Mile Capital Management announced the purchase, through an affiliated entity, of Kaufman Astoria Studios, a world-class destination for film and television production located in Queens.

Opened in 1920, Kaufman Astoria Studios was the original home of Paramount Pictures. The campus remains one of the world’s most iconic production facilities and has grown to become a sophisticated home for high-end film and television production on the East Coast, offering more than 500,000 square feet of production space, including 11 sound stages totaling more than 147,000 square feet, more than 325,000 square feet of production offices and support space, and New York City’s only studio back lot.

Hackman Capital Partners and Square Mile Capital first entered the New York production market in September 2020 with the acquisition of Silvercup Studios in Long Island City and the Bronx. In addition to Silvercup and now Kaufman Asto