Netflix is expanding its presence in New York, with Gov. Andrew M. Cuomo announcing today that the streaming giant will open a new production hub in New York 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 over the next five years, and six sound stages in Brooklyn with the capacity to hold thousands of production crew jobs within five years,” Netflix noted in today’s announcement.

Added Cuomo: “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. We’re proud Netflix chose New York to grow its business, and we look forward to the jobs, economic activity and world-class productions this project will bring.”

Click here to read the full announcement.