Tuesday, January 18, 2011

Steiner Studios to Start $90.5 Million Expansion

 One of America's largest film and TV production studios is about to get a lot larger:

Steiner Studios at the Brooklyn Navy Yard has completed a $90.5 million financing package that will allow it to add 11 soundstages to its existing 5, according to the Wall Street Journal. Steiner will break ground on the project in the next few months.

Film work at Steiner includes “Spiderman 3”, “Sex and the City”, “Enchanted”, “Sorcerer’s Apprentice” and “Wanted” with Angelina Jolie. Major movies being shot at Steiner this year include "Men in Black III" featuring Will Smith and "The Adjustment Bureau" with Matt Damon and Emily Blunt.

According to the NYC Regional Center, this project combines funding by the government of New York City with $65 million from 130 investors (plus funds from the U.S. government) and will create more than 1,600 jobs.

Photo courtesy of Steiner Studios 

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