BROOKLYN NAVY YARD LAUNCHES $2.5B PHASE 3 DEVELOPMENT PLAN

Bisnow – The Brooklyn Navy Yard has a grand plan to make manufacturing boom again in the borough, one that would cost $2.5B.

After opening the $180M Building 77 last year, and in the midst of a $1B expansion that includes Dock 72 — the joint venture of Boston Properties, WeWork and Rudin Management — the Brooklyn Navy Yard Development Corp. has its sights set on developing roughly 25 acres it controls on Kent Avenue, Flushing Avenue and Navy Street into 5M SF of
new construction.

BROOKLYN NAVY YARD TO UNVEIL $2.5 BILLION VISION FOR TECH HUB

Bloomberg – America may never recover its glory as a manufacturing powerhouse, but the Brooklyn Navy
Yard is doing what it can, transforming itself from a 20th-century warship builder to a 21stcentury high-tech hub.

Now it’s about to unveil a $2.5 billion building plan that would more than quadruple its current
workforce.

LIGHTS CAMERA ACTION

Commercial Observer – Developer Douglas Steiner is reshaping the Brooklyn Navy Yard, one abandoned 19th century building at a time.

When he arrived there in 1999, he was fresh off taking over his father’s Roseland, N.J.-based real estate business, Steiner Equities Group. The 300-acre shipyard was long past its prime, dotted with a crumbling Civil War-era Naval Hospital, massive dry docks that had once been used for building warships and half-occupied industrial buildings.

SUCCESS OF NEW YORK’S TV INDUSTRY HAS SOUNDSTAGE OWNERS SCRAMBLING FOR SPACE

Crain’s New York Business – Sarah Jessica Parker began work in February 2015 on the pilot episode of Divorce, her first series since starring in the smash hit Sex and the City, which ran for six seasons on HBO, led to two motion pictures and inspired a bus tour throughout the city that still sells out to die-hard fans 12 years after the show ended. Though Divorce, which premiered Oct. 9, was among the most highly anticipated shows of 2016, Parker’s star power mattered little when it came to finding a soundstage in New York City to shoot the series.

STEINER FILES APPLICATION FOR HUGE NEW PRODUCTION FACILITY AT NAVY YARD

Bisnow – Steiner Studios has filed building applications for a huge new production facility in the Brooklyn Navy Yard.

Dattner Architects filed the permits on behalf of developer Douglas Steiner, who hopes to build a 178k SF, three-story facility on Kent Avenue. The facility is slated to include six sound stages, hair and makeup rooms, dressing rooms, and production offices on the top floors, NY Yimby reports.