The Closing: Michael Stern
The JDS boss on getting kicked out of yeshiva and the truth about Billionaires' Row
From the February issue: Michael Stern is the CEO of JDS Development Group, a firm with 11.5 million square feet under development in New York City and Miami.
In New York, residential developments include Walker Tower in Chelsea and Stella Tower in Hell’s Kitchen, as well as the forthcoming ultra-skinny tower at 111 West 57th Street, which is set to top out at over 1,400 feet. The firm has co-developed many of its recent projects with Property Markets Group. Stern launched the company in 2002 and today has around 225 employees. [more]