Netflix to expand New York City presence with new production hub | Major Businesses | Business
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In a move that is thought likely to result in the creation of hundreds of jobs and up to $100 million in investment to the city, Netflix is to expand its presence in New York with a new production hub.

Netflix corp 2Jan2019The SVOD leader has had a long history of production in New York including Orange is the New Black, Unbreakable Kimmy Schmidt, She’s Gotta Have It, The Irishman, Someone Great, Private Life and Russian Doll.

Netflix’s new corporate offices will take up approximately 100,000 square feet at 888 Broadway in Manhattan’s Flatiron District. The offices will house 127 new executive content acquisition, development, production, legal, publicity and marketing positions in addition to Netflix’s 32 current New York-based employees. It has also leased approximately 161,000 square feet to build six sound stages and support spaces at 333 Johnson Avenue in Brooklyn. These spaces are expected to house thousands of production jobs within five years.

“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,” said New York Governor Andrew M. Cuomo commenting on the announcement of the new hub in his state . “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.”

Jason Hariton, director of worldwide studio operations and real estate at Netflix added: “New York has created a film-friendly environment that’s home to some of the best creative and executive talent in the world, and we’re excited to provide a place for them at Netflix with our production hub.”