In a recent letter to the editor published in Crain’s New York Business, BCW Executive Vice President John Ravitz passionately defended New York’s film and television tax credits. Responding to a critical study of the tax credit program, Ravitz highlighted the significant and ongoing benefits it brings to the state’s economy. Ravitz emphasized the pivotal role of the tax credits in attracting and retaining film production facilities, positioning New York as a leading destination for the industry nationwide. Citing examples from Westchester County, he pointed to the transformation of Yonkers into “Hollywood-on-Hudson,” attributing it to the incentives driving the opening […]