Tax Incentives Bring More Shows (and $$) to NYC
Lots of states and cities have enacted laws in the past few years to bring in more movie and television film crews to their localities. Most have been successful, but I wonder if there is a point where so many incentives are offered by so many states and cities that we in effect go back to square one. At any rate, New York has done just fine this year.
According to a New York Times article, “The tax incentives have also been a financial boon to the city: the mayor’s office estimated that city-based shoots contributed $957 million in spending between April 23 and Sept. 23 of this year, an increase from $452 million during the same period last year.”
Also, the local film office expects 19 prime-time shows to be filmed in the Big Apple this year, versus 12 last year.