Steiner Studios
(Phase I)

A NYCRC-managed entity provided a $65 million loan to help fund the expansion of Steiner Studios, the largest film and television studio complex outside of Hollywood.

The loan funded the renovation of a historic but vacant seven-story 235,000 square foot building used by the United States Navy in WWII. The building was transformed into production and support space as well as the home of the Feirstein Graduate School of Cinema, the first public graduate film school in New York City. The loan also funded the construction of five new television and commercial soundstages totaling 45,000 square feet to meet the increased demand for studio and production space.  Loan proceeds were also used for infrastructure improvements such as the upgrade of an electrical substation to provide increased electrical output.

Opened in November 2004, the 780,000 square-foot Steiner Studios complex provides New York City with its first Hollywood-style (and scale) production and support facility. Designed to the specifications of producers and facility operators in Los Angeles and supported by top New York artistic talent, Steiner Studios is a full-service, state-of-the-art “production factory,” equipped for start-to-finish production of television series, major motion pictures, independent films, broadcast commercials, photo shoots, and music videos. Steiner Studios offers 32 soundstages – including the largest (27,000 square feet) on the East Coast – ample office and support space, and abundant on-site parking. 

“The opening of five new soundstages in the Brooklyn Navy Yard is a tremendous statement of long-term confidence in New York’s film and television industry by Steiner Studios. This investment will bring more jobs to the Brooklyn Navy Yard and to the thousands of related businesses around the city that support the film and television sector.”

– Robert K. Steel, Fromer NYC Deputy Mayor for Economic Development