| JDS Development Group | |
| Type: | Private |
| Founder: | Michael Stern |
| Location City: | New York City |
| Location Country: | United States |
| Industry: | Real estate development |
| Num Employees: | 500 |
| Homepage: | 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]
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]