Last week, the Brooklyn Navy Yard industrial park announced that B&H Photo-Video, a Midtown-based photo, DVD, and computer retailer, will increase its operations at the park with a $50 million, 400,000 square foot expansion project. The new seven story building will create 300 new jobs in phone and Internet customer service, as well as provide B&H with increased warehouse space. The company will also have an option to build an additional 200,000 square feet at the site, with construction commencing this summer and completion scheduled for 2009. B&H, which has been a tenant at the park for the past ten years and currently occupies a one-story building, will seek a LEED Silver rating for the project.