Netflix plans to open a new production hub in New York City that it said will bring $100 million in investments and result in hundreds of new jobs, according to New York Gov. Andrew Cuomo.

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The expanded office in Manhattan, which will take up approximately 100,000 square feet in the city’s Flatiron District, will create 127 high-paying jobs over the next five years. Netflix currently has 32 employees based in New York.

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