Michael Stern | |
---|---|
Born | (1979-06-13) June 13, 1979 (age 45) |
Nationality | American |
Occupation | real estate developer |
Known for | Founder of JDS Development Group |
Children | 2 |
Michael Stern (born June 13, 1979) is an American real estate developer.
Early life
Stern was born on June 13, 1979, to a Jewish family and raised in Five Towns on Long Island. He is a graduate of Lawrence High School.
Career
After school, he took a job as a project manager for a developer in Florida and after three years - with funding from friends and family - he began to build spec homes on the side. This eventually evolved into the building of townhouses, mid-rises and high-rises. In the early 2000s, he returned to New York, where he built low-rise houses in the four boroughs.
In a joint venture with Kevin P. Maloney's Property Markets Group, JDS completed the conversion of the Walker Tower at 212 West 18th Street in Chelsea into condominiums built the 1,428 foot 111 West 57th Street in Manhattan with non-union labor, unprecedented for large-scale construction in Manhattan. JDS also developed The Copper (originally known as 626 First Avenue), a dual-tower residential skyscraper in the Kips Bay neighborhood of New York City, in Manhattan and the 1,066 foot Brooklyn Tower, which became the tallest structure in New York City outside Manhattan.
He was named to the 40 Under 40: Class of 2015 by Crain's New York.
Personal life
Stern is divorced and has two children.
References
- New York Times: "Thirty Minute Interview: Michael Stern" by Vivian Marino July 30, 2013
- ^ "The Closing - Michael Stern: The JDS wunderkind on getting kicked out of yeshiva, his latest projects and the truth about Billionaires' Row" By E.B. Solomont February 01, 2016
- ^ New York Yimby: "Interview: Michael Stern Of JDS Development" BY: NikolaiI Fedak Archived 2016-06-17 at the Wayback Machine January 24, 2014
- ^ The Real Deal: "Solidarity Never: JDS, PMG look to build supertall tower sans union labor - 'It would be unprecedented': Extell's Gary Barnett, on 111 West 57th St Archived 2015-10-19 at the Wayback Machine January 15, 2015
- Curbed New York: "57th Street Tower Ignores the Existence of Taller Neighbors" by Hana R. Alberts Archived 2021-09-09 at the Wayback Machine March 30, 2015
- Hylton, Ondel (13 July 2015). "New Video Reveals How SHoP's 626 First Avenue Will Dance into Midtown's East River Skyline". 6sqft. Retrieved 25 February 2016.
- "Brooklyn Tower's Podium Continues to Wrap Up at 9 DeKalb Avenue in Downtown Brooklyn". Retrieved 28 October 2024.
- ^ Crain's New York: "40 Under 40: Class of 2015 - Michael Stern, 35, JDS Development, Founder, managing partner" Archived 2016-05-11 at the Wayback Machine retrieved May 21, 2016