17 Nov 2025

Hogan Lovells Advises Togus Urban Renewal on Creation of Industry-Leading TV and Film Production Studio

"Hogan Lovells advised Togus Urban Renewal, LLC on the development of 1888 Studios, a 1.6 million sq ft film and television production campus in Bayonne, NJ. Paramount (Skydance) committed to more than 285,000 sq ft under a 10-year lease, a commitment that secured Paramount’s NJEDA Studio Partner designation under the state’s Film and Digital Media Tax Credit program."

Hogan Lovells advised Togus Urban Renewal, LLC in connection with the development of 1888 Studios and its anchor lease with Paramount, a Skydance Corporation company. The firm advised on the development of 1888 Studios, a film and television production campus to be built in Bayonne, New Jersey. Upon completion of construction, the 1.6 million square foot campus will be one of the largest campus-style production facilities in the northeastern United States and among the largest in the nation. Paramount, a Skydance Corporation (NASDAQ: PSKY), has committed to occupy more than 285,000 square feet of the to-be-built facility under a landmark ten-year lease. That anchor commitment was instrumental in Paramount’s designation by the New Jersey Economic Development Authority (NJEDA) Board on 30 October 2025 as a Studio Partner under the state’s Film and Digital Media Tax Credit program. Hogan Lovells advised Togus Urban Renewal on the anchor lease. Hogan Lovells represented Togus Urban Renewal, LLC with a team composed by: Trevor Adler, partner, Real Estate; Steven Moskowitz, partner, Real Estate.
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