Robert De Niro Allegedly Turning Steinway Factory Lot into Film Studio

According to reports from the Commercial Observer, and later by Patch.com, actor Robert De Niro’s real estate development company Wildflower is attempting to acquire land from Steinway & Sons piano factory in Astoria. Namely, a 5.25 acre lot at 87 19th Ave, which they hope to turn into a film studio with pre-production and post-production offices.

Supposedly it is in negotiations to be purchased for $73 million, a deal that is believed to be closed by the end of the year. The studio project itself will purportedly cost $350 million. Wildflower is led by Adam Gordon and Matt Dicker, and Robert De Niro is a partner along with his son Raphael De Niro and his business partner Jane Rosenthal.

We have reached out to Steinway & Sons for more information, but so far not much has been released. The Commercial Observer seems to be the only outlet with direct sources, though in their article they say Wildflower officials have “denied involvement in the project.” More to come!