New Jersey’s fast-growing film and television industry has created a boom in studio construction and a new market for commercial spaces that can serve as set locations, as state officials take new steps to help more municipalities reap the benefits.
New Jersey’s first purpose-built film studio has opened its doors in Jersey City, seeking to capitalize on the state’s efforts to attract and subsidize the television and movie industry.
Developers and property owners in New Jersey are betting that a tax credit for film production will get the cameras rolling in the Garden State, with demand already surging and expected to grow after a recent expansion of the program by Gov. Phil Murphy and lawmakers.
