Michael Stern
My blogs
| Industry | Real Estate |
|---|---|
| Occupation | Founder and Chief Executive Officer, JDS Development Group |
| Location | New York, New York, United States |
| Introduction | Michael Stern is a real estate developer and the founder and CEO of JDS Development Group, a development, construction, and acquisition firm with offices in New York and Miami. Since 2002 the firm has worked across ground-up development, adaptive reuse, landmark restoration, luxury residential, mixed-use, hospitality, and branded residences. Much of the work that decides a project happens before construction begins: complex site assemblages, entitlements and zoning, the acquisition and transfer of air rights, and landmark and preservation approvals. At Walker Tower that work unlocked roughly 50,000 additional square feet on an existing Art Deco tower. At the American Copper Buildings it turned a constrained East River parcel into twin towers joined 300 feet above the street by a three story skybridge, the first in New York City in 80 years. Other projects include 111 West 57th Street, built in the courtyard of the landmarked Steinway Hall, and The Brooklyn Tower, which rises from the landmark Dime Savings Bank. He writes here about air rights and site assemblage, landmark conversion, high rise engineering, zoning and entitlements, and building on sites with few precedents. |