February 2, 2017

New York Gov. Andrew Cuomo Proposes Production Incentive Extension

via Variety

Hal G. Rosenbluth, President & CEO of Kaufman Astoria Studios in Queens, also weighed in:

“The Governor’s support of the Tax Credit is a great economic policy.  The Tax Credit combined with New York’s great talent drives the 9-billion-dollar production industry in New York.  The industry creates in excess of 100,000 high paying jobs and spends millions of dollars in the local community for goods and services.  Having the Tax Credit in place encourages Kaufman Astoria Studios and its counterparts to invest in building new infrastructure to service and grow the industry.  With this extension of the Tax Credit the Governor has established a win-win for the economy.”

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