Netflix is opening an NYC production hub, will lease about 161,000 square feet for six sound stages in Brooklyn and also will expand its Manhattan office (Bryn Elise Sandberg/Hollywood Reporter)

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The streamer also will expand its Manhattan office and create 127 high-paying jobs by 2024.

Amazon’s loss is Netflix’s gain.

Two months after Amazon was pressured to pull out of its planned New York City headquarters, Netflix is laying down roots in New York. The streaming giant is expanding its presence in the state by launching a production hub in New York City, it was announced Thursday by Gov. Andrew Cuomo. With the move, the digital behemoth promises to bring in hundreds of jobs and up to $100 million in investments to the city.

The production hub will include an expanded office in Manhattan that will directly create 127 high-paying executive content, marketing and production development jobs by 2024. In addition, Netflix has also leased approximately 161,000 square feet to build six soundstages in Brooklyn with the capacity to hold thousands of production crew 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 Cuomo. “We’re proud Netflix chose New York to grow its business,