Andrew Cuomo announced new Netflix production hub in NY

Netflix headquarters in Los Gatos Calif

Netflix headquarters in Los Gatos Calif

Netflix's new corporate offices will cover 100,000 square feet at 888 Broadway.

With the help of up to $4 million in tax incentives, Netflix is beefing up its NY presence with an expansion of its Manhattan office and plans for a massive new production hub in Brooklyn.

Netflix will lease 100,000 square feet at 888 Broadway in the Flatiron District, where the company reportedly already signed a lease last fall for 38,000 square feet.

Currently, a little more than 20 people work at Netflix in NY.

The streaming giant will take advantage of state incentives in the expansion.

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In return, the company will get up to $4 million in tax breaks if the jobs are filled by 2024 and if the roles are retained for another five years.

The Netflix announcement comes weeks after the state's $175.5 billion budget included an $840 million extension of the state's tax credit program for television and movie productions.

Jason Hariton, Netflix's director of worldwide studio operations and real estate, said in a statement, "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".

The company has produced numerous shows in New York City, including Dating Around, Orange is the New Black, Unbreakable Kimmy Schmidt, She's Gotta Have It, The Irishman, Someone Great, Private Life and Russian Doll.

This former printing plant in Bushwick is the site of a new Netflix TV production hub with six sound stages, Gov. Andrew Cuomo announced on Thursday.

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