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HOLLYWOOD EAST! Paramount Lands 40% Tax Credit as Anchor Tenant of Bayonne’s Massive 1888 Studios

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NJEDA Designates Paramount as Studio Partner, Locking in Major Investment for Bayonne

the staff of the Ridgewood blog

Bayonne NJ, New Jersey just secured a massive win for its burgeoning film industry! Following the announcement of a landmark 10-year lease agreement at the sprawling 1888 Studios campus in Bayonne, NJ, the NJEDA (New Jersey Economic Development Authority) board officially designated global media giant Paramount as a Studio Partner under the state’s Film and Digital Media Tax Credit program during its October 30 meeting.

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