New Midtown facility
will include 120+ editing rooms.
 

NEW YORK— Technicolor PostWorks has agreed to lease
50,000-plus square feet at 1411 Broadway, a 40-story tower in central Manhattan.
The lease term extends beyond 2026.
The new facility, set to
open early this summer, will house 120-plus editing rooms available to film and
television productions for rental on long- or short-term bases. Technicolor
PostWorks will provide editing systems and related technology, as well as on-site
support and engineering. The facility will be directly linked with the
company’s existing downtown finishing and sound facility network.

The move is a response to recent growth in film and
television production in New York. “The production environment in the New York
area, especially for episodic television and independent film, is very strong,
and we expect it to strengthen for the foreseeable future,” said CEO David
Rosen. “This new editing facility is an expression of our confidence and
enhances our ability to provide producers with robust, stable post-production resources.”
1411 Broadway is centrally located south of Times Square and
features 24/7 access, on-site parking, and 22 passenger and three freight
elevators. It is within easy walking distance of Penn Station, the Port
Authority Terminal and Grand Central Station.  
Rosen also notes that the property allows for significant
future growth.
The new space offers the flexibility to serve productions of
varying size and requirements. Premises can be configured for use as cutting
suites, open bullpen areas or production offices. Technicolor PostWorks COO Rob
DeMartin noted that the company’s long-term lease translates into predictable overhead
costs that will ultimately benefit filmmakers.
 “There is a shortage
of quality editing space in New York,” DeMartin said. “Our new space will help
to fill that need. We are offering Energy Star–rated Class A offices at
affordable rates. We expect this new facility to become the most sought-after
cutting space in Manhattan.”
About Technicolor
PostWorks New York
Technicolor
PostWorks New York operates the East Coast’s most comprehensive digital motion
picture and post-production facilities, employing an exceptional team of
creative artists, support engineers and project managers to serve our clients
through the film and TV finishing process.
Technicolor
PostWorks New York offers one complete source for every post requirement,
including data workflows, film imaging and restoration, non-linear editorial
and UHD picture finishing, 4K digital intermediate, high-volume media encoding
with global data connectivity, as well as comprehensive film and TV sound
services on ten re-recording mix stages.
For more information,
visit http://www.technicolorpwny.com
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