Netflix

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Netflix Expanding Operations In New York City

April 18, 2019 - 4:36 pm
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NEW YORK (WCBS 880/AP) -- 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.

"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," Cuomo said. "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." 
 
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.

The company's new corporate offices will take up approximately 100,000 square feet at 888 Broadway in the Flatiron District. 
 
Cuomo says the company has leased about 160,000 square feet to build the sound stages in Williamsburg, where thousands of production jobs are expected within five years.

(© 2019 WCBS 880. The Associated Press contributed to this report)