NYC, Steiner To Build $400M Media Campus At Navy Yard

Law360, New York (August 17, 2012, 5:56 PM ET) -- New York real estate mogul Douglas Steiner is working with the city to build a 50-acre media and technology hub where Brooklyn's Naval Annex Historic Campus now stands, furthering the borough's strategy of becoming a high-tech center, a person familiar with the deal said Friday.

Steiner, who already owns a 20-acre film and television studio in the Navy Yard known as Steiner Studios, has teamed up with the Brooklyn Navy Yard Development Corp. to seek out public funds to convert a hospital complex at the site...
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