As chairman of Steiner NYC, Steiner’s television and film production studios at the Brooklyn Navy Yard are the largest outside Hollywood. In 2012, the company added five new sound stages and is currently building six more.
“I like Brooklyn. I like it more than Manhattan in terms of growth because it’s more eclectic, it’s more diverse, more community and neighborhood, light and air scale,” Steiner said. “It’s a different feel. It’s a new urban model.”
Steiner credits other real estate leaders in helping revitalize the area, including Jed Walentas of Two Trees Management, Bruce Ratner and the Barclays Center, and Regina Myer and Brooklyn Bridge Park.
But he also thinks Steiner Studios, and the growth of film, television, media and technology, have been helpful as well.
“Film and TV is New York’s for the taking and a burgeoning business,” Steiner said. “We’re just riding the coattails of that growth of content.”
Steiner NYC is leading an array of developments in the Navy Yard. The firm is also bringing the first Wegmans supermarket to New York City, which he believes will really benefit the community.
“Wegmans is an incredibly great employer, so they will cast a wide net for the best people,” Steiner said. “They promote from within, they have multiple generations of families in their company.”
Steiner is also behind a mixed-use affordable housing development in Downtown Brooklyn, that he hopes won’t displace longtime residents. The developer said he’s never built a site where people lost their apartments.
“I’m not against gentrification as long as people don’t get displaced,” Steiner said. “Good job growth cancels it out, and you have safety and comfort.”