YouTube’s studio in Tokyo, Japan (Photo by fumi via Flickr)
YouTube will open a 25,000-square-foot creative studio space in Chelsea next year, DNAinfo reported.
The studio, to be located at 22 West 21st Street, will allow filmmakers to produce professional-quality videos on the site, a spokesperson for the Google-owned company told DNAinfo. The studio will offer editing suites, voice-over booths and sound stages, as well as on-site training programs.
YouTube already has similar studios set up in London, Tokyo and Los Angeles, according to DNAinfo.
Google’s impact on the New York City real estate market is being felt in a myriad of ways. Not only was their 2010 purchase of 111 Eighth Avenue for $1.77 billion one of the market’s biggest transactions in recent years, real estate sites such as Trulia are incorporating products such as Google Glass into their offerings. [DNAinfo] – Hiten Samtani