| Type | Private |
|---|---|
| Industry | Real estate development |
| Founder | Michael Stern |
| Headquarters | , United States |
Number of employees | 500 |
| Website | JDS Homepage |
JDS Development is an American real-estate development group headquartered in Manhattan, New York, with an additional presence in Miami and South Florida. The firm was founded by Michael Stern, a native of Long Island. [1]
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. [2]
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. [3]
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JDS has created buildings in South Florida, as well as Manhattan and Brooklyn in New York City. Notable developments include The Steinway Tower, 9 DeKalb Avenue, and the American Copper Buildings. [4] [5] [6]
Olympic Tower is a 51-story, 620 ft-tall (190 m) building at 641 and 645 Fifth Avenue, between 51st and 52nd Streets, in the Midtown Manhattan neighborhood of New York City. Designed by Skidmore, Owings & Merrill (SOM), the mixed-use development contains condominium apartments, office space, and retail shops. The tower is named after Olympic Airways, whose president Aristotle Onassis jointly developed the tower with the Arlen Realty and Development Corporation between 1971 and 1974. It was the first skyscraper to be constructed within a special zoning district to encourage retail and mixed-use development along Fifth Avenue.
Tishman Realty & Construction Co., Inc. is an American corporation founded in 1898 that owns and develops real estate. The company is known for being the contractor that built the original World Trade Center in New York City. Tishman Construction Corporation, the construction division of the company, was sold to AECOM in 2010.
The Related Companies, L.P. is an American real estate firm in New York City, with main offices in West Palm Beach, Chicago, Los Angeles, San Francisco, Abu Dhabi, and London. Related has more than 4,000 employees and is the largest landlord in New York City with over 40,000 residential rental units in its national portfolio.
Douglas Elliman is an American real estate company.
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SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2019, the company owned 43 properties comprising 14,438,964 square feet, and is reported to be "New York City’s largest office landlord".
Louis Myerberg Dubin is a fourth-generation real estate developer who develops upscale condominiums, typically in large east-coast United States cities. He is a founding partner of Redbrick LMD, an opportunistic real estate investment and developments company headquartered in Washington, D.C. His former New York based firm Athena often sold condominiums to middle and upper-middle class buyers. His firm converted landmark buildings into luxury condominiums, one of which was bought by Charles Bronfman. He designed buildings to feature art by artist-sculptors such as Jonathan Cramer. He was described by New York Magazine as being one of the "new generation of uptown A-listers".
1049 Fifth Avenue is a 23-floor luxury condominium apartment building located in the Upper East Side, New York City. Built in 1928 as the Adams Hotel, the building underwent extensive renovation in its conversion to residential condominiums during the years 1990-1993. When the apartments were first offered for sale in 1991, they were the highest-priced residential apartments ever listed in New York City. Their sale prices set city records in 1993 and 1994.
Arlen Realty & Development Corporation, also known as Arlen, was a real estate investment trust founded in 1959 by Arthur G. Cohen and Arthur N. Levien. In the early 1970s, it was one of the largest publicly traded real estate investment trusts. Arlen began by developing suburban shopping centers throughout the United States, and in 1971, it acquired discount retail chain E.J. Korvette. By 1975, Arlen owned and managed over 42 million square feet of shopping centers, and controlled over $1.7 billion of US real estate assets.
111 West 57th Street, also known as Steinway Tower, is a supertall residential skyscraper in the Midtown Manhattan neighborhood of New York City. Developed by JDS Development Group and Property Markets Group, it is situated along Billionaires' Row on the north side of 57th Street near Sixth Avenue. The main portion of the building is an 84-story, 1,428-foot (435-meter) tower designed by SHoP Architects and completed in 2021. Preserved at the base is the 16-story Steinway Building, a former Steinway & Sons store designed by Warren and Wetmore and completed in 1925, which originally carried the address 111 West 57th Street.
RXR Realty is a real estate and infrastructure owner, investor, operator, and developer headquartered in New York. Many of RXR's holdings are located in New York City, but the firm owns buildings and development sites across the United States. RXR is a private company, and is led by Scott Rechler as CEO. Rechler serves on the Board of Directors for the Federal Reserve Bank of New York, was formerly appointed by New York Governor Andrew Cuomo as vice chairman of the board of commissioners of the Port Authority of New York and New Jersey, and also served as a member of the board of the New York Metropolitan Transportation Authority and as chair of the Regional Plan Association.
Kevin P. Maloney is an American real estate developer and founder of Property Markets Group.
Madison Marquette Real Estate Services is a Washington D.C.-based investor, developer and operator of mixed-use real estate. Madison Marquette provides investment management, development, leasing and property services to a diverse portfolio of 330 assets in 20 states and manages an investment portfolio valued at over $6 billion.
Alfred Kaskel (1901–1968) was an American real estate developer and hotelier, best known for founding Doral Hotels and Resorts, Doral Construction, and Carol Management, which developed, owned, and managed a number of hotels, apartment buildings, and office buildings in New York City, Florida, Chicago, and Boston, primarily from the 1930s to the 1990s. This included more than 20,000 rental apartments.
The Brooklyn Tower is a supertall mixed-use, primarily residential skyscraper in the Downtown Brooklyn neighborhood of New York City. Developed by JDS Development Group, it is situated on the north side of DeKalb Avenue near Flatbush Avenue. The main portion of the skyscraper is a 74-story, 1,066-foot (325 m) residential structure designed by SHoP Architects and built from 2018 to 2022. Preserved at the skyscraper's base is the Dime Savings Bank Building, designed by Mowbray and Uffinger, which dates to the 1900s.
The Copper are a pair of luxury residential skyscrapers in the Murray Hill neighborhood of Manhattan in New York City. The buildings were developed by JDS Development and were designed by SHoP Architects with interiors by SHoP and K&Co. The buildings are one of several major collaborations between JDS and SHoP; others include 111 West 57th Street, also in Manhattan, and The Brooklyn Tower in Brooklyn.
Michael Stern is an American real estate developer.
The OKO Group is an international real estate development firm created by businessman, Vladislav Doronin. The company develops real estate projects in Miami and New York.
138 East 50th Street, officially named The Centrale, is a residential building in Midtown Manhattan, New York City. The building consists of 124 condominium residences and 7,500 square feet (700 m2) of ground-floor retail between Third Avenue and Lexington Avenue in Midtown East. The developers planned to sell the condominiums for a total of $535.7 million, or an average of $4.3 million per unit.
275 Madison Avenue is a 43-story office building in the Murray Hill neighborhood of Manhattan in New York City. It is along the southeast corner of Madison Avenue and 40th Street, near Grand Central Terminal. The building, constructed from 1930 to 1931, was designed by Kenneth Franzheim in a mixture of the Art Deco and International styles.
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