Report: Sony Music Studios 54th Street To Be Sold
June 14, 2007 at 5:45 AM (PT)
AM NEW YORK reports that SONY BMG is closing its historic HELL'S KITCHEN studios, where artists such as J. LO have recorded and movies such as "SHAFT" were filmed. The five-story red-brick building on West 54th Street and 10th Avenue will no longer house SONY MUSIC STUDIOS, according to an internal memo obtained by AM NEW YORK.
SONY BMG, the studios' parent company, signed a purchase and sale agreement with a NEW YORK developer called HSAC CORP. Before SONY bought the warehouse-sized building in 1993, CAMERA MART, an equipment rental company, called it home. After renovating the building, SONY MUSIC STUDIOS soon became a popular and high-tech recording spot.
In a 2001 article in the online recording industry publication MIX, ANDY KADISON, the studios' SVP said, "We're like the millennium's version of an old-time HOLLYWOOD studio. We can do virtually every aspect of an entertainment project under one roof, ranging from audio recording, mixing, mastering, archive restoration and plant production, to television production and satellite broadcasts, to audio and video post-production."