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One Day, Seven Development Chiefs

Bisnow caught up with seven of New York City’s top real estate development leaders, including Simon Koster, managing director of JDS Development Group. After sharing some details about the newest JDS project at 111 West 57th Street, Koster pointed out that the location of this development is ideal as it takes maximum advantage of its proximity to, and views of, Central Park and yet is within the Midtown zoning district, which does not restrict a building’s height.

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Stella Tower 425 West 50th Street by JDS Development Group & Michael Stern

Michael Stern on Stella Tower, 425 West 50th Street

YIMBY recently visited Stella Tower – at 425 West 50th Street — which is one of the latest ventures by JDS Development and Property Markets Group. With PMG’s Elliot Joseph also in tow, JDS’ Michael Stern led the tour, and described the challenges encountered during the building’s conversion; the project is a sibling to Walker Tower, and was originally built in 1927. CetraRuddy is […]

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Too Rich, Too Thin, Too Tall?

In Midtown Manhattan, thin is in — especially when it comes to new residential development. JDS Development Group, the New York City real estate developers behind Chelsea’s Art Deco Walker Tower, is creating one of the most unique architectural silhouettes the city has ever seen at 111 West 57th Street. The new luxury tower, designed by SHoP architects, will have one of the city’s slimmest profiles upon completion in 2018, standing on a base of just 60 feet while soaring 1,400 feet in the air.

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Walker Tower 212 West 18th Street by JDS Development Group & Michael Stern

Walker Tower Sees First Flip for Near $3 Million Profit

Walker Tower, a JDS Development Group project originally designed by famed Art Deco architect Ralph Walker in 1929, combines state-of-the-art amenities with unobstructed views of New York City. Walker Tower broke records when one of the previously purchased residences was put back onto the market at a $2.9 million increase over the initial buying price after just one week.

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