JDS Development Group
Company typePrivate
IndustryReal estate development
FounderMichael Stern
Headquarters
New York City
,
United States
Number of employees
500
WebsiteJDS Homepage

JDS Development is an American real-estate development group headquartered in Manhattan, New York, with an additional presence in Miami and South Florida. The firm was founded by Michael Stern, a native of Long Island.[1]

History

The JDS Development Group was founded in 2002 by Michael Stern. The company was incorporated as a privately held New York City-based acquisition firm and real estate development. It specializes in luxury housing, leisure and mixed-use developments, it has over 7 million square feet of real estate under construction.[2]

In 2018, Madison Realty Capital gave a construction loan of $137 million to the JDS Development Group for Monad Terrace Condominium located in Miami, Florida.[3]

Developments

This section needs expansion. You can help by adding to it. (February 2020)

JDS has created buildings in South Florida, as well as Manhattan and Brooklyn in New York City. Notable developments include The Steinway Tower, 9 DeKalb Avenue, and the American Copper Buildings.[4][5][6]

References

  1. ^ Marino, Vivian (30 July 2013). "Michael Stern". The New York Times. Retrieved 26 February 2016.
  2. ^ "JDS Development Group". TRData. Retrieved 10 April 2020.
  3. ^ "JDS Development Group Secures $137 Million Construction Financing From Madison Realty Capital for Distinctive Miami Beach Condominium Monad Terrace". GlobeNewswire. 25 April 2018. Retrieved 10 April 2020.
  4. ^ "111 West 57th Street - JDS Development Group". JDS Development Group. Archived from the original on 28 June 2016. Retrieved 28 May 2015.
  5. ^ "340 Flatbush Ave Ext. Revealed, Brooklyn's First Supertall Skyscraper". Retrieved 12 November 2015.
  6. ^ Hylton, Ondel (13 July 2015). "New Video Reveals How SHoP's 626 First Avenue Will Dance into Midtown's East River Skyline". 6sqft. Retrieved 25 February 2016.

External links

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