Here’s the first pic from the set of Iron Man 2. It’s a picture of Tony Stark’s new ritzy abode, still under construction. In the picture is director Jon Favreau and cinematographer Matthew Libatique.

So despite all the ups and downs surrounding the sequel to the super-successful previous film, production is indeed under way.

Check out the pic below.

Jon Favreau & Matthew Libatique on the set of Iron Man 2

Iron Man 2 is currently scheduled to open on May 7, 2010.

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