JDS Development is an American real-estate development group headquartered in

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five Boroughs of New York City, boroughs of New York City. The borough is also coextensive with New York County, one of the List of co ...

, New York, with an additional presence in

Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at th ...

and

South Florida South Florida is the southernmost region of the U.S. state of Florida. It is one of Florida's three most commonly referred to directional regions; the other two are Central Florida and North Florida. South Florida is the southernmost part of ...

. The firm was founded by

Michael Stern Michael Stern may refer to: * Michael Stern (conductor) (born 1959), American musician * Michael Stern (educator) (1922–2002), founder of the Waterford Kamhlaba United World College * Michael Stern (journalist) (1910–2009), American journalist ...

, a native of Long Island.

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. 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.

Developments

JDS has created buildings in

, as well as

and

Brooklyn Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York (state), New York. Kings County is the most populous Administrative divisions of New York (state)#County, county in the State of New York, ...

in New York City. Notable developments include The Steinway Tower,

9 DeKalb Avenue The Brooklyn Tower (originally referred to as 340 Flatbush Avenue Extension and subsequently 9 DeKalb Avenue) is a supertall building, supertall mixed-use, primarily residential skyscraper in the Downtown Brooklyn neighborhood of New York City. D ...

, and the American Copper Buildings.

References

External links

* {{US-company-stub Privately held companies of the United States Real estate companies of the United States Companies based in New York City