Brooklyn’s Fourth Avenue, spanning Park Slope and Gowanus, has undergone a vital transformation recently, with new residential construction altering the formerly industrial character of the area. A group of new luxury condo buildings istaking shape here, including 202 8th Street, a rental building from JDS Development and Property Markets Group [CUT] that was designed by CetraRuddy. 202 8th Street is a cut above many of its neighboring developments, according to managing director Steve Laurelli, who notes that its interior finishes are of a much higher quality than is typically found even in luxury rentals. In addition, there are appliances by Liebherr, Blomberg, Electrolux, and Bosch and fixtures by Moen, Duravit, and Kohler. A large roof deck features green space and panoramic views of the New York City skyline—just one of three outdoor spaces that this unique building offers its residents.Read More ›
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Manhattan‘s 57th Street, where the two tallest condominium towers in New York are under construction, is poised to get a third skyscraper with apartments perched above the city at near-record heights.Read More ›
Where’s Brooklyn at? A pretty good place if high-end rentals are the judge. On a corner of Fourth Ave. steps from the R/F/G subways, 202 8th St. is a 51-unit new construction project that might be the top quality rental available in the borough, or any borough. Why?Read More ›
As developers continue to push the story line that New York’s luxury residential market is a high-end utopia that shows no signs of slowing, you might consider one seldom-discussed factor that is driving their decisions to build for the wealthiest buyers.Read More ›
One of New York City’s busiest developers has officially added another high-profile development project to his growing portfolio. Last week, 33-year-old Michael Stern, managing partner of JDS Development Group, closed on the acquisition of a two-acre parcel that was owned by Sheldon Solow on the former Con Edison site along the East River in Kips […]Read More ›
For years, developer Sheldon Solow owned a 9.2-acre mud pit on First Avenue between 35th and 36th Streets, where he had planned to build two apartment towers.Read More ›
The 1929 Art Deco building that once housed the New York Phone Company was built to assert the firm’s corporate presence and stability. Nearly a century later, JDS Development Group has embraced the impressive structure and converted it into luxury residences. The top real estate developer recognized the robust building’s potential for offering residents a much-desired degree of privacy. With its 18-inch-thick walls, steel-framed structure, and concrete casings as well as its sophisticated amenities and dazzling 360-degree rooftop views, the property is attracting a very exclusive clientele.Read More ›