Film & Television Studios

We provided $192 million of capital to fund the expansion of Steiner Studios, the city’s largest film and television studio complex.

The film and television industry is crucial to New York City's economy, generating billions in economic output and supporting thousands of jobs. More production directly translates to more New Yorkers working at well-paid jobs behind the scenes and more money spent in the local economy. Because production space remains at a premium, however, new studio facilities need to be built for the film and television industry to continue to thrive.

Opened in the Brooklyn Navy Yard 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, ample office and support space, and abundant on-site parking.

Since 2010, we’ve provided financing to Steiner Studios enabling the construction of 575,000 square feet of new soundstages and production support space. The funding also assisted the build out of space for the Feirstein Graduate School of Cinema, the first public graduate film school in New York City. Our loans increased the production capacity of Steiner Studios and further reinforced the Brooklyn Navy Yard as a central location for media production in New York City.