New York City’s film industry is booming but competing of film tax credits may destroy the Big Apple.
Despite Atlanta’s growing film industry and Chicago’s latest strategy to boost their entertainment industry, New York City is still one of the biggest film industry capitals. And it looks like the Big Apple has no plans of slowing down.
According to a recent interview with The Hollywood Reporter, New York City’s new film Czar is working hard to increase the number of production studios to increase the number of TV shows, and movies filming in NYC.
“When I moved to New York in 1993, nobody was filming here except for Dick Wolf and a few giant movies. It would be tragic to go back to those days.”
“My clients love working in New York City, but there’s definitely a shortage of studio space,” says Authentic president Jon Rubinstein, whose Brooklyn-based management company reps Brie Larson and Vera Farmiga. “When I moved to New York in 1993, nobody was filming here except for Dick Wolf and a few giant movies. It would be tragic to go back to those days.”
But, what makes New York City such a great city for filmmaking is the amount of trained actors and crew members able to work on a production on short notice. As THR points out, “The city’s entertainment community employs about 130,000 people, according to a recent report by Boston Consulting Group”
Despite a production boom in such places as Vancouver and Louisiana, New York, Los Angeles and London remain the only three cities with filming communities large enough to allow a production to be made without the need to bring in cast or crew from other locations.
However, New York City lacks the film incentives that have made Atlanta and New Orleans extremely attractive filming location.
At the end of the day New York City is still a force to be reckoned with. Just check out the infographic below: