Empty CNY film hub. Image credit Syracuse.com
New York Spent $15 Million to Build a Film Hub. It Just Sold for $1.
ALBANY — A $15 million state-built film studio outside Syracuse, which promised to produce hundreds of jobs and bring Hollywood’s glitter to Central New York, hit an inglorious milestone on Friday with its sale to a new corporation set up by Onondaga County to manage it.
The price? $1.
The flop of the Central New York Film Hub, built by frequent and generous donors to Gov. Andrew M. Cuomo who are facing federal corruption charges, had been presaged almost since its announcement in 2014, when the governor wondered aloud the miracle of the concept.
“Who would have ever figured: Hollywood comes to Onondaga, right?” Mr. Cuomo said. “You would have never guessed. But it has.”
Read the full story from the Friday June 1st issue of the New York Times by clicking here.
Here’s an original article from March, 2014 in Syracuse.com that describes the hoped for results of the original project. Here’s an updated article from January 2018 by Tom Knauss of Syracuse.com with ideas on how to make that hub a success – and why that hadn’t happened to date.