NY Tri-State Emerges as Film and TV Production Leader with 21% Spending Surge in 2025

NY Tri-State’s Film and TV Production Sector Emerges as Leader
CRE Market Beat Take
Growing production spending and expanded soundstage inventory support sustained occupier demand, which may bolster industrial and office fundamentals tied to studio ecosystems.

Film and television production in the New York Tri-State region is gaining momentum, with new data from CBRE indicating a substantial increase in spending and space commitments in 2025. According to the firm’s 2026 Tri-State Film & Television report, film spending in the region rose 21% year-over-year, underscoring the area’s growing role as a production hub anchored by major industry players and large-scale developments.

CBRE notes that a new wave of significant studio investments and structured production partnerships is helping to reshape the regional market. These commitments are described as positioning the New York Tri-State area for sustained growth, even as the broader industry navigates consolidation and evolving production strategies. The report highlights how this combination of capital deployment and long-term relationships with production companies is reinforcing the region’s competitive standing.

Soundstage capacity has been a key area of expansion. Since 2020, the region’s soundstage inventory has increased by approximately 43%, driven primarily by new, modern, purpose-built studio facilities. This expansion reflects rising demand from film and television producers seeking high-quality, technically advanced space in proximity to established talent pools and support services.

Office leasing tied to content production has also been robust. In Manhattan, film and television-related companies leased 755,000 square feet of office space in 2025, the strongest annual level since 2021, according to CBRE. This activity signals that production users continue to seek traditional office footprints alongside studio and soundstage environments, supporting a broader ecosystem of creative, administrative, and post-production functions.

CBRE’s report points to a geographically diverse base of recent openings and developments across New York City, the Hudson Valley, and New Jersey. These additions have helped the New York Tri-State region compete more effectively for large-scale film and television projects. With multiple locations able to accommodate complex productions, the region is increasingly positioned as a full-service alternative to other established production centers.

Commentary from Anthony Jasenski, CBRE’s Production Studio practice leader, emphasizes that the findings highlight New York’s staying power in the face of industry change. He notes that the combination of new studios, strategic partnerships, and continued investment is enabling the Tri-State market to emerge as a clear leader in film and television production, despite consolidation and shifting production patterns across the sector.

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