202 8th Street Brooklyn by JDS Development Group & Michael Stern

JDS sells Gowanus rental building for $37.8M

Brooklyn is quickly catching up to Manhattan in terms of luxury residential offerings, and projects from top New York City real estate developers like 202 8th Street in Gowanus are solid proof. The 12-story, 50,000-square-foot building, built by JDS Development Group and Property Markets Group, was eventually sold to Weber Management in 2013. JDS Development…

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The 30-Minute Interview: Michael Stern

Michael Stern Mr. Stern, 34, is the managing partner of the JDS Development Group, which specializes in multifamily homes and retail space in the New York area and in South Florida. The company’s projects include Walker Tower in Chelsea and Steinway Hall, both of which it is developing with the Property Markets Group. 

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$172M sale of prime East River site closes

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…

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