
CHARLESTON — The deal's finally locked up.
The long-delayed $7 million sale of a former prison from the state to a company that will transform it into a movie studio was finalized Wednesday.
Broadway Stages bought the Arthur Kill Correctional Facility, which is on state-owned land, from the Empire State Development and plans to pump $20 million into the 69-acre site to turn it into the borough's first movie studio.
Even though the project has been in limbo, it still has been used for the filming of several movies and TV shows recently including "Ocean's 8" and Netflix's "Seven Seconds."
"We are so excited that the deal for the Arthur Kill Correctional Facility has been finalized and we can now move forward with our plans to turn it into soundstages and an elite full-service production facility," Gina Argento, president and CEO of Broadway Stages, said in a statement.