New York City is experiencing a significant boom in studio construction, posing a threat to Los Angeles' dominance in Hollywood production. The aggressive expansion of soundstages in New York is part of the city's strategy to secure a larger share of the film and television industry, even as the sector faces challenges in the streaming age and struggles to rebound. Unlike Hollywood-based studios that own their lots, most New York production spaces are independently owned businesses, and productions seeking New York's tax credit must use state-recognized stages. This development signals New York's continued determination to compete with Los Angeles for a bigger slice of the Hollywood pie. It took decades for New York to establish itself as the largest production hub outside of L.A.