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Michael Stern

Miami Beach Board Critical of Michael Stern’s Tower Proposal
South Florida
Mar 7, 2025

“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote

Latest version calls for a 330-foot high-rise; current zoning allows for 150-foot building
Michael Stern, Mercedes-Benz Launch Sales Center for Miami Tower
South Florida
Feb 9, 2025

Launch party at Mercedes-Benz Places oozes pre-pandemic energy

Developers, top agents gather at packed sales center launch
Consultant Alleges Gianluca Vacchi’s Firm Owes $1.7M In Fees
South Florida
Jan 13, 2025

Consultant alleges Michael Stern’s partner Gianluca Vacchi owes $1.7M in fees tied to condo developments

Naples-based firm is suing Vacchi’s GV Development Group over allegedly unpaid work evaluating three projects, including planned Mercedes-Benz and Dolce & Gabbana towers
Italian Gianluca Vacchi Partners With Michael Stern
South Florida
Oct 29, 2024

Meet Michael Stern’s new partner, Italian entrepreneur Gianluca Vacchi

Stern’s JDS formed a joint venture with Vacchi’s GV Development Group to invest in $4B pipeline
Michael Stern Plans Miami Beach Tower on Condo Buyout Site
South Florida
Oct 27, 2024

Michael Stern’s JDS plans luxury condo next to Monad Terrace in Miami Beach

Developer has nearly 100% buy-in from owners of Bay Garden Manor property, and is proposing a 29-story tower on the site
Michael Stern Taps One Sotheby’s to Replace Official at 888 Brickell
South Florida
Jul 26, 2024

One Sotheby’s taking over sales of Michael Stern’s Dolce & Gabbana condo tower

Official, Side-backed firm co-founded by Oren and Tal Alexander, previously led sales
Michael Stern’s JDS Buys Dolce & Gabbana Brickell Tower Site
South Florida
Apr 24, 2024

Michael Stern pays $61M for Brickell site of Dolce & Gabbana supertall

His JDS Development previously planned a Major Food Group-branded condo project for the Miami site
FAQ for Michael Stern’s 9 DeKalb, tower facing foreclosure
New York
Apr 4, 2024

What’s next for Michael Stern’s troubled 9 DeKalb?

Questions surround the dark, distinctive tower. Here are some answers
Michael Stern Defaults on Brooklyn’s 9 DeKalb Ave
New York
Mar 27, 2024

Michael Stern defaults on Brooklyn’s tallest tower

JDS Development had tried to sell part of 9 DeKalb last year
Michael Stern Taps Alexanders For Dolce & Gabbana Miami Tower
South Florida
Sep 13, 2023

Michael Stern taps Official for Dolce & Gabbana condo sales

Sales of 90-story, 259-unit condo tower expected to launch in the coming weeks
Starwood, Blank-Check Firm Buy Industrial Portfolio
New York
Sep 13, 2023

Starwood, Onyx pay $146M for LI industrial portfolio

Elias family sold 10-property portfolio near JFK International Airport
JDS’ Michael Stern, 111 W 57th Street, Apollo Commercial Real Estate Finance's Stuart Rothstein (Getty, Short final/CC BY-SA 4.0/via Wikimedia Commons, JDS, Apollo Commercial Real Estate Finance)
New York
Aug 2, 2023

Apollo writes off mezz at 111 West 57th Street

Lender dimmed sales expectations at JDS Development, Property Markets Group tower
JDS Development's Michael Stern with rendering of 9 DeKalb Avenue
New York
Mar 7, 2023

Stern puts rental portion of Brooklyn supertall on market

Stern’s JDS Development selling apartment, retail piece of 9 DeKalb Ave but will hold onto condos
JDS Development’s Michael Stern and renderings of Two Bridges (JDS, Getty)
New York
Nov 18, 2022

JDS hits snag after ruling on Two Bridges project

Court rejects appeal to merge lots without ground tenant’s approval
JDS Development's Michael Stern and Major Food Group partner and co-founder Jeff Zalaznick with renderings of the project at 888 Brickell Avenue (JDS Development, Major Food, Illustration by The Real Deal with Getty)
South Florida
Jul 22, 2022

Major Food Group exits JV in Stern’s Miami condo tower

JDS is expected to announce new brand in the fall for the former Major high-rise on Brickell
Michael Stern with rendering of 1 Southside Park (DS Development Group and SHoP Architects)
South Florida
Jun 14, 2022

Michael Stern’s JDS lands $86M loan for planned mixed-use Brickell high-rise

Project will have first Treehouse Hotel in the US
(JDS Development, OKO Group, Cain International, PMG, Sieger Suarez Architects)
South Florida
May 31, 2022

Here’s the pipeline of resi projects in Miami’s Brickell

More than 6K apartments and condos are planned
MFG co-founders, Jeff Zalaznick, Mario Carbone, and Rich Torrisi with Michael Stern and renderings of their planned Brickell Tower at 888 Brickell Avenue (JDS, Getty)
South Florida
May 25, 2022

JDS, Major Food Group to launch condo sales of Brickell skyscraper

90-story tower designed by William Sofield marks first Major Food Group-branded resi building
Chetrit and Stern go toe-to-toe on Downtown Brooklyn supertall
New York
Feb 25, 2022

Chetrit and Stern go toe-to-toe on Downtown Brooklyn supertall

Chetrit alleged in suit former partner owes $17M for 9 DeKalb Avenue stake
Ellen Hukkelhoven and 1300 Monad Terrace, penthouse F (World Medical Innovation Forum)
South Florida
Jan 13, 2022

Flipping out: Penthouse at Michael Stern’s Miami Beach project flips for 30% more in six months

Buyer is managing director at New York firm Perceptive Advisors