Cuomo: Netflix expanding in NYC, adding jobs, sound stages
Posted Apr 18, 2019 02:13:45 PM.
This article is more than 5 years old.
New York officials say Netflix will expand its operations in New York City, adding 127 jobs in its Manhattan marketing and development office and building six sounds stages in Brooklyn.
Gov. Andrew Cuomo announced Thursday that the San Jose, California-based entertainment video-streaming service will invest up to $100 million in the city.
The state’s main economic development agency offered Netflix up to $4 million in tax credits over 10 years if it reaches its goal of creating 127 Manhattan jobs and retaining the other 32 by 2024.
Cuomo, a Democrat, says the company has leased about 160,000 square feet to build the sound stages in the Williamsburg neighbourhood, where thousands of production jobs are expected within five years.
The Associated Press
