Michael Stern | |
---|---|
Born | June 13, 1979 |
Nationality | American |
Occupation | real estate developer |
Known for | Founder of JDS Development Group |
Children | 2 |
Michael Stern (born June 13, 1979) is an American real estate developer. [1]
Stern was born on June 13, 1979, to a Jewish family and raised in Five Towns on Long Island. [2] He is a graduate of Lawrence High School. [2]
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. [2] This eventually evolved into the building of townhouses, mid-rises and high-rises. [2] In the early 2000s, he returned to New York, where he built low-rise houses in the four boroughs. [2]
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 [3] and is building the 1,428 foot 111 West 57th Street in Manhattan [3] [4] [5] with non-union labor, unprecedented for large-scale construction in Manhattan. [4] JDS is also developing the American Copper Buildings (originally known as 626 First Avenue), a dual-tower residential skyscraper under construction in the Kips Bay neighborhood of New York City, in Manhattan [6] and the 1,066 foot 9 DeKalb Avenue in Brooklyn, which would become the tallest structure in New York City outside Manhattan. [7]
He was named to the 40 Under 40: Class of 2015 by Crain's New York. [8]
Stern is divorced and has two children. [8]
57th Street is a broad thoroughfare in the New York City borough of Manhattan, one of the major two-way, east-west streets in the borough's grid. As with Manhattan's other “crosstown” streets, it is divided into its east and west sections at Fifth Avenue. The street runs from a small park overlooking the East River in the east to the West Side Highway along the Hudson River in the west. 57th Street runs through the Midtown Manhattan neighborhoods of Sutton Place, Billionaire's Row, and Hell's Kitchen from east to west.
15 Penn Plaza, also known as PENN15 and Vornado Tower, is a planned supertall office tower to be constructed by Vornado Realty Trust on Seventh Avenue between 32nd and 33rd Streets in the Midtown Manhattan neighborhood of New York City. The building, designed by Foster and Partners, will contain 430 units on 61 floors and 2,050,000 square feet (190,000 m2) of floor space as well as passageways to the adjacent Pennsylvania Station, 34th Street–Herald Square station, and the 33rd Street terminal of the PATH. Despite only having 61 floors, it is planned to be 1,270 feet (390 m) tall, 20 feet (6.1 m) taller than the mooring mast or spire of the Empire State Building two blocks east. The timing of construction will be dependent on market conditions. Vornado is currently exploring using the site for "fashion shows or other temporary uses" until market conditions warrant construction of the building.
A pencil tower is a high-rise building or skyscraper with a very high slenderness ratio that is very tall and thin. There is no universal definition of how slender these buildings are to be categorized, but some definitions of 10:1 or 12:1 ratios and higher have been used.
SHoP Architects is an architecture firm in Lower Manhattan, New York City, with projects located on five continents. Led by four principals, the firm provides services to residences, commercial buildings, schools and cultural institutions, as well as large-scale master plans.
432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in Midtown Manhattan in New York City, overlooking Central Park. The 1,396-foot-tall (425.5 m) tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part of Billionaires' Row, 432 Park Avenue has some of the most expensive residences in the city, with the median unit selling for tens of millions of dollars. At the time of its completion in 2015, 432 Park Avenue was the third-tallest building in the United States and the tallest residential building in the world. As of 2023, it is the sixth-tallest building in the United States, the fifth-tallest building in New York City, and the third-tallest residential building in the world.
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.
520 West 41st Street was a proposed 106-story supertall skyscraper in Hudson Yards, Manhattan, New York City, near Midtown Manhattan. The building would have surpassed all other skyscrapers on the island by floor-count. Upon completion, it would either have been the fifth or sixth tallest building in New York City.
Kevin P. Maloney is an American real estate developer and founder of Property Markets Group.
Sven is a residential building located at 29-59 Northern Boulevard in the Long Island City neighborhood of Queens, New York City. At 762 feet (232 m) tall, Sven is the third-tallest building in Queens behind Skyline Tower and The Orchard, as well as one of the tallest buildings in New York City outside of Manhattan.
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.
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.
Billionaires' Row is the name of a group of ultra-luxury residential skyscrapers, and the neighborhood surrounding them, near the southern end of Central Park in the Midtown section of Manhattan in New York City. Several of these buildings are in the supertall category, taller than 1,000 feet (300 m), and are among the tallest buildings in the world. Since most of these pencil towers are on 57th Street, the term can refer to this street as well.
Sutton 58 is a residential skyscraper in the Sutton Place neighborhood of Midtown East, Manhattan in New York City.
270 Park Avenue, also known as the JPMorgan Chase Building, is a supertall skyscraper under construction on the East Side of the Midtown neighborhood of Manhattan in New York City. Designed by the firm of Foster + Partners, the skyscraper is expected to rise 1,388 feet (423 m) when completed in 2025.
520 Fifth Avenue is a mixed-use supertall building under construction in New York City. The building occupies the former site of three structures. Rabina is developing the building, and architectural firm Kohn Pedersen Fox designed the structure and serves as architect of record. The interior design is by Charles & Co.
262 Fifth Avenue is a residential skyscraper under construction in Manhattan, New York City. Five Points Development is developing the building, which is being designed by architectural firm Meganom. SLCE Architects is the executive architect.