Netflix opening NYC production hub & Bushwick sound stages
Netflix has produced multiple series set or filmed in NYC, including Russian Doll, Jessica Jones and their other Marvel shows, Master of None, Maniac, and The Get Down, and soon the company will have the ability to make even more in the Big Apple. NY Governor Andrew Cuomo announced on Thursday (4/18) that Netflix is expanding its footprint in NYC with a new production hub, and six new sound stages in Bushwick.
Netflix says its new Manhattan office space in Flatiron at 888 Broadway will house 127 new jobs in "executive content acquisition, development, production, legal, publicity and marketing position." The sound stages, located at 333 Johnson Avenue in Bushwick, are "expected to house thousands of production jobs within five years."
Netflix is receiving $4 million in performance-based Excelsior Tax Credits from Empire State Development to help fund the expansion. They only receive the full value of those tax credits if they create the promised 127 jobs by 2024, and retain them, in addition to their current NYC staff of 32, for five more years.
In a statement, Cuomo said, "Netflix is innovative, creative and bold - just like New Yorkers - and the expansion of this cutting-edge company in New York once again demonstrates the Empire State is open for business. We're proud Netflix chose New York to grow its business, and we look forward to the jobs, economic activity and world-class productions this project will bring."