Michael Stern | The Real Deal New York

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Michael Stern

CEO
JDS Development Group
104 Fifth Avenue
New York, NY 10011
(212) 974-2844
Website

Michael Stern is the founder of the privately held JDS Development Group, a real estate development firm based in New York City. The firm, founded in 2002, specializes in luxury residential, hospitality and mixed-use projects and has several million square feet of property under development. (See our JDS Development Group Topics page for a full list of projects.) Among its recent projects are 111 West 57th Street, 626 First Avenue and the record-setting Walker Tower in Chelsea (where a sold penthouse clocked in at more than $50 million). JDS has had clashes with unions in recent years, even being used as a poster child for irresponsible practices in 2015 by New York City laborer unions over its use of non-union labor in erecting one of the city's tallest towers, located at 111 West 57th Street. JDS also has focused across the East River, building or buying smaller-scale residential and mixed-use properties in Brooklyn and partnering with the Chetrit Group on larger-scale projects in that borough. The firm also has acquired lots for development in Miami's South Beach. Stern has worked with Kevin Maloney's Property Markets Group on a number of development projects.


12/12/18
...particularly in luxury residential development. New York developer Michael Stern made headlines in 2015 when he and his partners started building the 1,428-foot condo tower...

12/10/18
...Confirmed attendees and session leaders include: Don Peebles, Michael Stern, Louise Sunshine, Ryan Serhant, Bruce Mosler, Sharif El-Gamal, Michael Shah, Young Woo, Bob Knakal...

12/07/18
...sections of the zoning resolution. Two years ago, Michael Stern’s JDS Development Group, Starrett Development and a joint-venture between Ron Moelis’ L+M...

12/07/18
...projects headed to court. JDS Development Group’s Michael Stern recently said the program may be in its “last cycle” and predicted that the...

12/06/18
...own projects, including William Zeckendorf, Ian Schrager and Michael Stern...

12/05/18
...the Two Bridges Towers (credit: CityRealty) with JDS’ Michael Stern, CIM’s Alex Kafenbaum and Starrett’s Josh Siegel But she cited several benefits...

12/05/18
...particularly in luxury residential development. New York developer Michael Stern made headlines in 2015 when he and his partners started building the 1,428-foot condo tower...

12/03/18
...Confirmed attendees and session leaders include: Don Peebles, Michael Stern, Louise Sunshine, Ryan Serhant, Bruce Mosler, Sharif El-Gamal, Michael Shah, Young Woo, Bob Knakal...

...Manhattan Community Board 3 has long had concerns about Michael Stern’s planned 79-story rental tower at 247 Cherry Street — at a community meeting about the...

...particularly in luxury residential development. New York developer Michael Stern made headlines in 2015 when he and his partners started building the 1,428-foot condo tower...

...projects headed to court. JDS Development Group’s Michael Stern recently said the program may be in its “last cycle” and predicted that the...

11/20/18
...Confirmed attendees and session leaders include: Don Peebles, Michael Stern, Louise Sunshine, Ryan Serhant, Bruce Mosler, Sharif El-Gamal, Michael Shah, Young Woo, Bob Knakal...

11/16/18
...Brooklyn’s Tallest Building 1,066 ft. At 1,066 feet tall, Michael Stern’s JDS Development Group is building what is slated to be Brooklyn’s tallest...

11/15/18
...Michael Stern and a rendering of 9 DeKalb Avenue (Credit: JDS Development) Michael Stern’s JDS Development...

11/14/18
...and Bizzi spoke to the Witkoff Group and Michael Stern’s JDS Development about signing on to finish the job. But the discussions fell...

11/13/18
...Confirmed attendees and session leaders include: Don Peebles, Michael Stern, Louise Sunshine, Ryan Serhant, Bruce Mosler, Sharif El-Gamal, Michael Shah, Young Woo, Bob Knakal...

11/02/18
...Brooklyn’s Tallest Building 1,066 ft. At 1,066 feet tall, Michael Stern’s JDS Development Group is building what is slated to be Brooklyn’s tallest...

...and Bizzi spoke to the Witkoff Group and Michael Stern’s JDS Development about signing on to finish the job. But the discussions fell...

...Brooklyn’s Tallest Building 1,066 ft. At 1,066 feet tall, Michael Stern’s JDS Development Group is building what is slated to be Brooklyn’s tallest...

10/31/18
...complex at 43-21 64th Street in Woodside,  and Michael Stern’s JDS Development Group recently bought them out of the 73-story mixed-use development at...

10/30/18
...offering mimosas, treats, and photo booths. Pamela Liebman, Michael Stern, Louise Sunshine, Robert Reffkin, Craig Robins, Jackie Soffer and others spoke on a handful...

10/29/18
...From left: 111 West 57th Street, Kevin Maloney, and Michael Stern (Credit: WSP and Getty Images) In the latest win for the developers of 111 West...

10/26/18
...The Estates at Acqualina in Sunny Isles Beach; Michael Stern, developer of Monad Terraces in South Beach; and Kieran Bowers, president of Swire Properties...

10/16/18
...which it’s pouring $560 million into renovating. And Michael Stern’s JDS Development is completing a 60-unit rental with prices ranging from $2,650 to $4,300 — significantly...

10/11/18
...Michael Stern (blue), Jodi Stasse (red), Jordan Sachs (yellow), and the American Copper Building at 626 1st...