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Steiner Studios

Full company profile

uuid000fynd

Namestring
Steiner Studios
Legal namestring
Steiner Studios
Company typeenum
Private
Founded yearint
2004
Descriptiontext

Steiner Studios operates the largest and most sophisticated film and television production facility outside of Hollywood, situated on a 50-acre private enclave within the historic Brooklyn Navy Yard in Brooklyn, New York. Founded in 2004 by real estate developer Douglas C. Steiner and serving as Chairman, the company offers a 780,000 square-foot campus with 30 soundstages ranging from 2,480 to 27,200 square feet—the largest purpose-built stage on the East Coast—supported by high-capacity electrical infrastructure (4,800-12,000 amps per stage), industrial HVAC (50-200 tons per stage), 24/7/365 security, satellite uplinks, high-speed internet, screening rooms, and full supporting spaces including dressing rooms, mill shops, commissaries, and set storage. The core product is soundstage and production facility rental; ancillary revenue streams include Steiner Lighting (lighting and grip equipment services) and commissary/support services, with all revenue generated through a B2B sales model targeting major film studios, television networks, streaming platforms, commercial production companies, and independent producers on a project-by-project booking basis (pricing is quote-based and not publicly disclosed).

The company's customer base spans every major Hollywood studio and streamer, including Warner Bros., Netflix, Disney, Paramount, Universal, A24/Showtime, HBO, Amazon Studios, Apple TV+, FX, Starz, and NBCUniversal, with notable productions including Joker, West Side Story, Tick, Tick... Boom!, The Marvelous Mrs. Maisel, Boardwalk Empire, and Bridge of Spies. Steiner is privately held by Douglas C. Steiner with no institutional investor or PE backing disclosed, and operates as the anchor of a broader media ecosystem that includes the Brooklyn College Graduate School of Cinema—the only graduate school of cinema in the U.S. integrated into a working film lot—and a longstanding joint development partnership with the Brooklyn Navy Yard Development Corporation. In August 2020, Steiner announced a major expansion via a $320 million privately funded, 500,000 square-foot production hub with eight soundstages in Sunset Park, Brooklyn, supplemented by $15 million in city funding, projected to create 1,800 construction jobs and 2,200 full-time positions.

Short descriptiontext

Steiner Studios operates a 780,000-square-foot, 30-soundstage film and television production facility at the Brooklyn Navy Yard—the largest studio complex outside Hollywood—serving major film studios, streaming platforms, television networks, and commercial production companies through direct facility rental and lighting/grip equipment services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersBrooklyn, United States
HQ citystring
Brooklyn
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
film production facilities, soundstage rental, television production studios, commercial production services, production support infrastructure
Industry2 codes
1Soundstage & Stage Rental (Film/TV)
CodeMPADAIAAPrimaryNo
2Production Office Space & Support Facilities
CodeMPADAIADPrimaryNo
NAICS code1 code
  • Motion Picture and Sound Recording Industries512
SIC code1 code
  • Services-Motion Picture & Video Tape Production7812
Product category
Film and Television Production Facilities
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Soundstage and Production Facility Rental
TypeSubscription Recurring
Description

Rental of soundstages, offices, dressing rooms, makeup rooms, wardrobe areas, mill shops, and support spaces to film, television, and commercial productions

steinerstudios.com
2Lighting and Grip Equipment Services
TypeProfessional Services
Description

Provision of lighting and grip equipment to productions

steinerstudios.com
3Steiner Lighting Division
TypeProfessional Services
Description

Dedicated lighting services division (718.237.8855)

steinerstudios.com
4Commissary and Support Services
TypeProfessional Services
Description

Food service and additional support facilities for productions

steinerstudios.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Infrastructure, Operations, Personnel, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Steiner Studios rents fully serviced soundstages and production support spaces to film, television, commercial, photo-shoot, music-video, and event productions. Its 780,000-square-foot Brooklyn Navy Yard facility offers 30 soundstages ranging from 2,480 to 27,200 square feet, supported by offices, dressing rooms, hair and make-up rooms, wardrobe, scenic artist workspaces, mill shops, commissaries, set-dressing and prop storage, plus an in-house lighting/grip service (Steiner Lighting).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Largest production lot east of Hollywood
+2 more records
Product overview1 text field

Steiner Studios operates as a single unified production facility (not a platform-plus-modules architecture) offering comprehensive film, television, commercial, and photo production services. The core product is the 780,000 square-foot production facility at Brooklyn Navy Yard with 30 soundstages. Supporting services include Steiner Lighting (equipment rental), Brooklyn College Graduate School of Cinema (educational partnership), and ancillary production services for music videos, events, promos, and rehearsals. All services are provided through the physical studio infrastructure rather than software modules.

Product and service7 records
1Steiner Studios Production Facility (Soundstage and Support Space Rental)
CategoryFilm and Television Production Facilities
Description

Full-service film and television production studio facility offering 30 soundstages ranging from 2,480 to 27,200 square feet, with support spaces including offices, dressing rooms, hair and make-up rooms, wardrobe areas, scenic artist workspaces, mill shops, commissaries, and set dressing and prop storage. The facility is rented to film, television, commercial, and photo-shoot productions requiring large-scale stage space and on-lot support services.

2Film Production Services
CategoryFilm Production Services
Description

Production services and soundstage rental for feature films, including major motion pictures and independent films, provided at the Brooklyn Navy Yard facility.

3Television Production Services
CategoryTelevision Production Services
Description

Production services and soundstage rental for television series from pilot through multiple seasons, hosted at the Brooklyn Navy Yard facility for HBO, Amazon Studios, Apple TV+, FX, Showtime, Netflix, and others.

4Commercial Production Services
CategoryCommercial Production Services
Description

Commercial advertising production services for broadcast and digital media, providing soundstages and lighting/grip support for advertising agencies and brand advertisers including Calvin Klein, Nike, CoverGirl, and ESPN.

5Photo Shoot Services
CategoryPhotography Production Services
Description

Photography production services for fashion, editorial, and commercial photo shoots, providing controlled studio environments and support infrastructure to fashion brands, magazines, and photographers.

6Music Video Production Services
CategoryMusic Video Production Services
Description

Music video production services for recording artists and music labels, providing soundstages and production support for music video and concert content.

7Event Production Services
CategoryEvent Production Services
Description

Corporate and entertainment event production including galas, screenings, and promotional events held at the Brooklyn Navy Yard production facility.

Scale indicator12 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2004-09-28
Description

Operating agreement with Mel Brooks' production company to bring The Producers film to Steiner Studios, taking advantage of new NY State film incentive programs. First major production to leverage new incentive program.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Partnership to establish Brooklyn College Graduate School of Cinema at Steiner Studios, the only graduate school of cinema integrated into a working film lot in the country. Announced January 2011 by Mayor Bloomberg at State of the City address. City of New York invests in the school development through Mayor's Office of Media & Entertainment.

3Mayor’s Office of Media & Entertainment
Strategic tierCoreTypeStrategic or Co-development Partner
Description

City agency partnered in establishing the Brooklyn College Graduate School of Cinema at Steiner Studios and supporting film industry growth programs. Commissioner Katherine Oliver and later Commissioner Cynthia Lopez worked with Steiner on initiatives.

steinerstudios.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Joint development partnership for media campus expansion. In 2007, BNYDC and Steiner Studios issued joint RFEI for 20-acre site transformation. Ongoing partnership for redevelopment and expansion projects including Phase III development.

Recent move10 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest competing soundstage complex in NYC, located in Queens, serving the same major film/TV/streaming clients with similar stage-rental and production-support services. Most direct head-to-head competitor for NYC-based productions considering Steiner.

TypeDirect peer
Description

Long-standing NYC film/TV studio complex in Long Island City, Queens, offering soundstages and production services. Directly comparable in customer base (major studios, streamers) and East Coast production facility positioning.

TypeDirect peer
Description

Recently expanded NYC studio facility on Manhattan's West Side, offering large soundstages targeted at film and TV productions. Competes directly with Steiner for marquee NYC bookings and benefits from the same NY tax credit regime.

TypeRegional player
Description

New large-scale soundstage facility north of NYC in Yonkers, NY, also leveraging state film tax credits. Regional competitor targeting the same streamer-driven production demand.

5Sunset Las Palmas Studios
TypeDirect peer
Description

Major independent soundstage facility in Hollywood offering comparable stage rental and production services. Closest direct peer to Steiner on the West Coast in business model and target customers.

TypeEmerging player
Description

Independent studio operator expanding soundstage capacity across multiple U.S. markets with full production services. Comparable in offering turnkey facility + lighting/grip rental to mid-tier productions.

TypeBroad incumbent
Description

Major Hollywood studio with owned production facilities and vertically integrated studio operations. Serves overlapping enterprise clients and represents both a major Steiner customer and a broader-incumbent benchmark for the studio facility model.

TypeBroad incumbent
Description

Historic Hollywood studio lot offering owned production facilities plus full studio operations. Comparable at the level of integrated studio campus operations and serves as a benchmark for Steiner's vertically integrated facility vision.

TypeRegional player
Description

Independent NY-area studio facility offering soundstage and production services. Comparable regional competitor targeting productions seeking alternatives to Steiner, Kaufman Astoria, and Silvercup.

TypeOthers
Description

Streamer-owned production facilities representing both a major Steiner customer and a long-term threat as vertically integrated studio demand for third-party lots. Relevant peer because ownership of in-house facilities directly affects Steiner's addressable market.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights1 record

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers21 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Steiner Studios

Film and Television Production Facilitiessteinerstudios.com

Steiner Studios operates a 780,000-square-foot, 30-soundstage film and television production facility at the Brooklyn Navy Yard—the largest studio complex outside Hollywood—serving major film studios, streaming platforms, television networks, and commercial production companies through direct facility rental and lighting/grip equipment services.

What Steiner Studios does

Steiner Studios operates the largest and most sophisticated film and television production facility outside of Hollywood, situated on a 50-acre private enclave within the historic Brooklyn Navy Yard in Brooklyn, New York. Founded in 2004 by real estate developer Douglas C. Steiner and serving as Chairman, the company offers a 780,000 square-foot campus with 30 soundstages ranging from 2,480 to 27,200 square feet—the largest purpose-built stage on the East Coast—supported by high-capacity electrical infrastructure (4,800-12,000 amps per stage), industrial HVAC (50-200 tons per stage), 24/7/365 security, satellite uplinks, high-speed internet, screening rooms, and full supporting spaces including dressing rooms, mill shops, commissaries, and set storage. The core product is soundstage and production facility rental; ancillary revenue streams include Steiner Lighting (lighting and grip equipment services) and commissary/support services, with all revenue generated through a B2B sales model targeting major film studios, television networks, streaming platforms, commercial production companies, and independent producers on a project-by-project booking basis (pricing is quote-based and not publicly disclosed).

The company's customer base spans every major Hollywood studio and streamer, including Warner Bros., Netflix, Disney, Paramount, Universal, A24/Showtime, HBO, Amazon Studios, Apple TV+, FX, Starz, and NBCUniversal, with notable productions including Joker, West Side Story, Tick, Tick... Boom!, The Marvelous Mrs. Maisel, Boardwalk Empire, and Bridge of Spies. Steiner is privately held by Douglas C. Steiner with no institutional investor or PE backing disclosed, and operates as the anchor of a broader media ecosystem that includes the Brooklyn College Graduate School of Cinema—the only graduate school of cinema in the U.S. integrated into a working film lot—and a longstanding joint development partnership with the Brooklyn Navy Yard Development Corporation. In August 2020, Steiner announced a major expansion via a $320 million privately funded, 500,000 square-foot production hub with eight soundstages in Sunset Park, Brooklyn, supplemented by $15 million in city funding, projected to create 1,800 construction jobs and 2,200 full-time positions.

Steiner Studios firmographics

Firmographics
Name
Steiner Studios
Legal name
Steiner Studios
Website
https://steinerstudios.com
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
11–50 employees
Short description
Steiner Studios operates a 780,000-square-foot, 30-soundstage film and television production facility at the Brooklyn Navy Yard—the largest studio complex outside Hollywood—serving major film studios, streaming platforms, television networks, and commercial production companies through direct facility rental and lighting/grip equipment services.
Ownership category
akta.pro rank

Where Steiner Studios is headquartered

Location

Headquarters

HQ city
Brooklyn
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Steiner Studios business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Infrastructure, Operations, Personnel, Supply Chain

Revenue model

  1. Soundstage and Production Facility Rental: Rental of soundstages, offices, dressing rooms, makeup rooms, wardrobe areas, mill shops, and support spaces to film, television, and commercial productions
  2. Lighting and Grip Equipment Services: Provision of lighting and grip equipment to productions
  3. Steiner Lighting Division: Dedicated lighting services division (718.237.8855)
  4. Commissary and Support Services: Food service and additional support facilities for productions

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Steiner Studios product offering

Product offering

Core offering

Steiner Studios rents fully serviced soundstages and production support spaces to film, television, commercial, photo-shoot, music-video, and event productions. Its 780,000-square-foot Brooklyn Navy Yard facility offers 30 soundstages ranging from 2,480 to 27,200 square feet, supported by offices, dressing rooms, hair and make-up rooms, wardrobe, scenic artist workspaces, mill shops, commissaries, set-dressing and prop storage, plus an in-house lighting/grip service (Steiner Lighting).

Product overview

Steiner Studios operates as a single unified production facility (not a platform-plus-modules architecture) offering comprehensive film, television, commercial, and photo production services. The core product is the 780,000 square-foot production facility at Brooklyn Navy Yard with 30 soundstages. Supporting services include Steiner Lighting (equipment rental), Brooklyn College Graduate School of Cinema (educational partnership), and ancillary production services for music videos, events, promos, and rehearsals. All services are provided through the physical studio infrastructure rather than software modules.

Differentiator

Problem solved

Functional benefit

Products and services

  • Steiner Studios Production Facility (Soundstage and Support Space Rental) Full-service film and television production studio facility offering 30 soundstages ranging from 2,480 to 27,200 square feet, with support spaces including offices, dressing rooms, hair and make-up rooms, wardrobe areas, scenic artist workspaces, mill shops, commissaries, and set dressing and prop storage. The facility is rented to film, television, commercial, and photo-shoot productions requiring large-scale stage space and on-lot support services.
  • Film Production Services Production services and soundstage rental for feature films, including major motion pictures and independent films, provided at the Brooklyn Navy Yard facility.
  • Television Production Services Production services and soundstage rental for television series from pilot through multiple seasons, hosted at the Brooklyn Navy Yard facility for HBO, Amazon Studios, Apple TV+, FX, Showtime, Netflix, and others.
  • Commercial Production Services Commercial advertising production services for broadcast and digital media, providing soundstages and lighting/grip support for advertising agencies and brand advertisers including Calvin Klein, Nike, CoverGirl, and ESPN.
  • Photo Shoot Services Photography production services for fashion, editorial, and commercial photo shoots, providing controlled studio environments and support infrastructure to fashion brands, magazines, and photographers.
  • Music Video Production Services Music video production services for recording artists and music labels, providing soundstages and production support for music video and concert content.
  • Event Production Services Corporate and entertainment event production including galas, screenings, and promotional events held at the Brooklyn Navy Yard production facility.

Quantifiable outcome

  • Largest production lot east of Hollywood
  • +2 more outcomes

Companies that use Steiner Studios

Customer profile

Named customers21 records

Segments4 records

Ideal customer profiles3 records

Steiner Studios technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Steiner Studios partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

  • Brooksworks LLC (Mel Brooks)minorStrategic or Co-development Partner · 28 September 2004Operating agreement with Mel Brooks' production company to bring The Producers film to Steiner Studios, taking advantage of new NY State film incentive programs. First major production to leverage new incentive program.
  • Brooklyn College (City University of New York)coreStrategic or Co-development PartnerPartnership to establish Brooklyn College Graduate School of Cinema at Steiner Studios, the only graduate school of cinema integrated into a working film lot in the country. Announced January 2011 by Mayor Bloomberg at State of the City address. City of New York invests in the school development through Mayor's Office of Media & Entertainment.
  • Mayor’s Office of Media & EntertainmentcoreStrategic or Co-development PartnerCity agency partnered in establishing the Brooklyn College Graduate School of Cinema at Steiner Studios and supporting film industry growth programs. Commissioner Katherine Oliver and later Commissioner Cynthia Lopez worked with Steiner on initiatives.
  • Brooklyn Navy Yard Development Corporation (BNYDC)coreStrategic or Co-development PartnerJoint development partnership for media campus expansion. In 2007, BNYDC and Steiner Studios issued joint RFEI for 20-acre site transformation. Ongoing partnership for redevelopment and expansion projects including Phase III development.

Scale indicators12 records

Recent moves10 records

Expansion highlights4 records

Steiner Studios competitors and assessment

Company assessment

Direct peers

  • Kaufman Astoria Studios: Largest competing soundstage complex in NYC, located in Queens, serving the same major film/TV/streaming clients with similar stage-rental and production-support services. Most direct head-to-head competitor for NYC-based productions considering Steiner.
  • Silvercup Studios: Long-standing NYC film/TV studio complex in Long Island City, Queens, offering soundstages and production services. Directly comparable in customer base (major studios, streamers) and East Coast production facility positioning.
  • Hudson Yards Studios: Recently expanded NYC studio facility on Manhattan's West Side, offering large soundstages targeted at film and TV productions. Competes directly with Steiner for marquee NYC bookings and benefits from the same NY tax credit regime.
  • Sunset Las Palmas Studios: Major independent soundstage facility in Hollywood offering comparable stage rental and production services. Closest direct peer to Steiner on the West Coast in business model and target customers.

Regional players

  • Lionsgate Studios Yonkers: New large-scale soundstage facility north of NYC in Yonkers, NY, also leveraging state film tax credits. Regional competitor targeting the same streamer-driven production demand.
  • East End Studios: Independent NY-area studio facility offering soundstage and production services. Comparable regional competitor targeting productions seeking alternatives to Steiner, Kaufman Astoria, and Silvercup.

Emerging players

  • Cinelease Studios: Independent studio operator expanding soundstage capacity across multiple U.S. markets with full production services. Comparable in offering turnkey facility + lighting/grip rental to mid-tier productions.

Broad incumbents

  • Warner Bros. Studios Burbank: Major Hollywood studio with owned production facilities and vertically integrated studio operations. Serves overlapping enterprise clients and represents both a major Steiner customer and a broader-incumbent benchmark for the studio facility model.
  • Paramount Studios Los Angeles: Historic Hollywood studio lot offering owned production facilities plus full studio operations. Comparable at the level of integrated studio campus operations and serves as a benchmark for Steiner's vertically integrated facility vision.

Others

  • Netflix Studios (Albuquerque, New Jersey): Streamer-owned production facilities representing both a major Steiner customer and a long-term threat as vertically integrated studio demand for third-party lots. Relevant peer because ownership of in-house facilities directly affects Steiner's addressable market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights1 record

Customer concentration

Steiner Studios social profiles

Digital presence

Steiner Studios financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Steiner Studios leadership team

Management profile

Number of profiles

Profiles1 record

Steiner Studios funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Steiner Studios M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Steiner Studios

What does Steiner Studios do?

Steiner Studios rents fully serviced soundstages and production support spaces to film, television, commercial, photo-shoot, music-video, and event productions. Its 780,000-square-foot Brooklyn Navy Yard facility offers 30 soundstages ranging from 2,480 to 27,200 square feet, supported by offices, dressing rooms, hair and make-up rooms, wardrobe, scenic artist workspaces, mill shops, commissaries, set-dressing and prop storage, plus an in-house lighting/grip service (Steiner Lighting).

Is Steiner Studios a public or private company?

Steiner Studios is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Steiner Studios founded?

Steiner Studios was founded in 2004. It employs 11 to 50 people.

Where is Steiner Studios based?

Steiner Studios is headquartered in Brooklyn, United States, in the North America region.

How does Steiner Studios make money?

Four revenue lines are on record. Soundstage and Production Facility Rental is the primary driver. The others are lighting and Grip Equipment Services, steiner Lighting Division and commissary and Support Services.

Who are Steiner Studios's main competitors?

Direct peers on record are Kaufman Astoria Studios, Silvercup Studios, Hudson Yards Studios and Sunset Las Palmas Studios. Regional players are Lionsgate Studios Yonkers and East End Studios. Cinelease Studios is listed as an emerging player. Broad incumbents are Warner Bros. Studios Burbank and Paramount Studios Los Angeles. Netflix Studios (Albuquerque, New Jersey) is listed as an others.

Does Steiner Studios have an API?

No public API is recorded for Steiner Studios.

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Live signals
IndieWireNYC Film and TV Production Is Booming. Here’s WhyNew York City film and TV production is experiencing a significant resurgence, with shooting permits rising sharply in early 2026 to levels comparable to pre-pandemic periods. This turnaround is primarily attributed to Governor Kathy Hochul's renewal and enhancement of the state's tax incentive program, which increased the annual cap to $800 million and streamlined rebate processing times. Major studio facilities such as Steiner, Silvercup, and Wildflower Studios are reporting near-full or full capacity, indicating a strong recovery for the local industry.GlobeNewswireNEW YORK CITY REGIONAL CENTER-MANAGED FUND PROVIDING CAPITAL FOR NEWEST PROJECT AT STEINER STUDIOSA New York City Regional Center-managed fund provided a $44 million loan for a renovation and conversion of a historic Navy building into a film and television production facility at Steiner Studios. The project adds two soundstages and production space totaling about 118,000 square feet, continuing the expansion of the 50-acre complex.PR NewswireNEW YORK CITY REGIONAL CENTER-MANAGED FUND PROVIDING CAPITAL FOR NEWEST PROJECT AT STEINER STUDIOSA New York City Regional Center-managed fund is providing a $44 million loan to Steiner Studios for the renovation of a historic U.S. Navy building within the Brooklyn Navy Yard into film and television production facilities. The project will add two new soundstages and production support space totaling approximately 118,000 square feet, continuing the expansion of what is New York City's largest film and television production complex. This is the eighth NYCRC EB-5 offering in the Brooklyn Navy Yard and the fourth involving a Steiner development.PR NewswireNYCEDC Announces Selection of Steiner Studios to Develop and Operate Made in New York Film and TV Soundstage Facility in Sunset Park, BrooklynNYCEDC and the Mayor's Office of Media and Entertainment selected Brooklyn-based Steiner Studios to develop and operate a 500,000-square-foot film and television production hub at the Made in NY Campus in Sunset Park, Brooklyn. The project represents a $320 million private investment expected to support 2,200 industry jobs and 1,800 construction jobs upon completion, with construction having resumed in July 2020 following a COVID-19 pause. The initiative includes investments in diversity and equity programs, workforce training for New Yorkers of color and women, and community amenities such as Bush Terminal Piers Park completion and a new playground.GlobeNewswireNew York City Regional Center Announces Repayment of $65 million EB-5 Loan in its Steiner Studios Phase I OfferingThe New York City Regional Center repaid a $65 million EB-5 loan to Steiner Studios, enabling 339 investors and family members to obtain permanent residency. The loan funded five new soundstages and renovations, and $125 million has now been repaid to 250 investors across two offerings.