First citizens bank provides $42 million for development of new studio facilities in yonkers, ny

New york , july 12, 2023 /prnewswire/ -- first citizens bank today announced that its real estate finance business, a division of cit, provided $42.2 million in financing to a joint venture between national resources and great point media for the development of 1050 north broadway, a new entertainment production facility 100% pre-leased to mediapro studios, located in yonkers, new york. the new studios will consist of 112,400 square feet of studio, office, warehouse and mill space.
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