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Tax Incentives

     As part of our commitment to supporting the film and TV industry, we are pleased to inform you about the newly enhanced tax incentives available in New York and New Jersey. These incentives are designed to encourage production work and stimulate economic growth in our regions. Eastern Effects offers Eastern Effects over 125,000 square feet of soundstages on both sides of the Hudson with versatile studio spaces available for all types of productions, as well as a full array of lighting, grip, electric and expendables. 

New York Tax Incentives: 

  • Budget Tiers: 
  • Up to $6 million: 30% tax credit available for eligible productions. 
  • $6 million - $12 million: 25% tax credit for productions within this budget range. 
  • Over $12 million: 20% tax credit for larger-scale productions. 
  • Eligible Formats: 
  • Scripted productions 
  • Unscripted productions 
  • Commercials 
  • Reimbursement Timeline: Productions can expect to wait approximately 6 to 8 weeks after submission of their application for reimbursement. 
  • Above the Line: 
  • Cap per Individual: Previously $500,000 per individual, but the cap was removed in the FY 2026 budget (effective May 2025) 
  • Overall ATL Limitation: ATL salaries cannot exceed 40% of all other qualified costs 
  • Eligible ATL Positions: Directors, writers, actors, composers, and two producers (one executive producer for creative management, one line producer for production management) 
  • Shooting Day Requirements: 
  • Must shoot at least 10% of total principal photography days at a qualified production facility (QPF) in NY 
  • Exception: TV pilots only need 1 day at a QPF 
  • Location Requirements: 
  • If spending <$3M at a QPF: 75% of location days must be in NY 
  • If spending ≥$3M at a QPF: No minimum location day percentage required 

Sources: 

New Jersey Tax Incentives: 

  • Budget Tiers: 
  • Up to $1 million: 30% tax credit for qualifying projects. 
  • $1 million - $10 million: 25% tax credit applicable to productions in this tier. 
  • Over $10 million: 20% tax credit for higher-budget productions. 
  • Eligible Formats: 
  • Scripted productions 
  • Unscripted productions 
  • Commercials 
  • Reimbursement Timeline: Similar to New York, productions can expect reimbursement within about 6 to 8 weeks after application submission. 
  • Above the Line 
  • Cap per Individual: $750,000 per individual or loan-out corporation (increased from $500,000 as of July 2024) 
  • Studio Partners & Film-Lease Companies: Can include up to $15 million in ATL expenses for projects under $50M in total qualified expenses 
  • Base Credit on ATL: 30-35% (same as other qualified expenses) 
  • No specific overall percentage limitation like NY's 40% rule 
  • Film-Lease Production Companies: 
  • Must shoot at least 50% of total principal photography days in NJ at the designated film-lease partner facility 
  • Alternative: Instead of 50% shooting days, can qualify by having 33% of total qualified expenses at the facility 
  • General Productions: 
  • No specific minimum shooting day requirement 
  • Must meet financial thresholds: either 60% of total expenses in NJ, or $1M+ in qualified NJ expenses 

Sources: 

Our Facilities and Services 

  • We are proud to offer state-of-the-art facilities in both New York and New Jersey, equipped to meet your production needs. Our services include: 
  • Equipment Rental (link to EQ page): Comprehensive equipment options for various production needs, whether on location or on our stages. 
  • Stages (link back to Soundstage landing page): Eastern Effects houses over 125,000 square feet of soundstages on both sides of the Hudson with versatile studio spaces available for all types of productions. 
  • New York/Brooklyn: Level 2 New York State Qualified Production Facility 
  • Referred to as QPF, studio facilities in the State of New York in which television shows and films are regularly produced, and which contain at least one soundstage of at least 7,000 square feet with no columns, has at least 16’ of clearance to the grid, and has enough electricity, cooling and heating without the need for outside units. 
  • New Jersey: Most projects shot at our stages qualify for the NJ Tax Incentives. Please refer to the information above for your project.