Michael Stern (born June 13, 1979) is an American real estate developer.
Early life
Stern was born on June 13, 1979, to a
Jewish
Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...
family and raised in
Five Towns
The Five Towns is an informal grouping of villages and hamlets in Nassau County, United States on the South Shore of western Long Island adjoining the border with Queens County in New York City. Although there is no official Five Towns desi ...
on
Long Island
Long Island is a densely populated continental island in southeastern New York (state), New York state, extending into the Atlantic Ocean. It constitutes a significant share of the New York metropolitan area in both population and land are ...
.
["The Closing - Michael Stern: The JDS wunderkind on getting kicked out of yeshiva, his latest projects and the truth about Billionaires' Row" By E.B. Solomont]
February 01, 2016 He is a graduate of
Lawrence High School.
Career
After school, he took a job as a project manager for a developer in Florida and after three years - with funding from friends and family - he began to build spec homes on the side.
This eventually evolved into the building of townhouses, mid-rises and high-rises.
In the early 2000s, he returned to New York, where he built low-rise houses in the four boroughs.
In a joint venture with
Kevin P. Maloney's Property Markets Group, JDS completed the conversion of the
Walker Tower at 212 West 18th Street in
Chelsea into condominiums
[New York Yimby: "Interview: Michael Stern Of JDS Development" BY: NikolaiI Fedak]
January 24, 2014 built the 1,428 foot
111 West 57th Street
111 West 57th Street, also known as Steinway Tower, is a supertall residential skyscraper in the Midtown Manhattan neighborhood of New York City, New York, U.S. Developed by JDS Development Group and Property Markets Group, it sits on Billio ...
in Manhattan
[The Real Deal: "Solidarity Never: JDS, PMG look to build supertall tower sans union labor - 'It would be unprecedented': Extell's Gary Barnett, on 111 West 57th St]
January 15, 2015Curbed New York: "57th Street Tower Ignores the Existence of Taller Neighbors" by Hana R. Alberts
March 30, 2015 with non-union labor, unprecedented for large-scale construction in Manhattan.skyscraper
A skyscraper is a tall continuously habitable building having multiple floors. Most modern sources define skyscrapers as being at least or in height, though there is no universally accepted definition, other than being very tall high-rise bui ...
in the Kips Bay
Kips Bay, or Kip's Bay, is a neighborhood on the east side of the New York City borough of Manhattan. It is roughly bounded by 34th Street to the north, the East River to the east, 23rd Street to the south, and Third Avenue to the west.
Kips B ...
neighborhood of New York City
New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, in Manhattan
Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...
[Crain's New York: "40 Under 40: Class of 2015 - Michael Stern, 35, JDS Development, Founder, managing partner"]
retrieved May 21, 2016
Personal life
Stern is divorced and has two children.
References
{{DEFAULTSORT:Stern, Michael
American businesspeople in real estate
20th-century American Jews
1979 births
Living people
21st-century American Jews