JDS Development Group

Sales launch at Brooklyn’s first supertall, condos priced from $875K

Image courtesy of JDS Development Group

March 10, 2022

Sales launch at Brooklyn’s first supertall, condos priced from $875K

Brookyn's first and only supertall tower officially launched sales on Wednesday. Designed by SHoP Architects, the Brooklyn Tower is a 93-story skyscraper standing at 1,066 feet in Downtown Brooklyn. Located at 9 Dekalb Avenue, the building's 150 condo units start on the 53rd floor of the tower at an elevation of 535 feet, providing unparalleled views of the surrounding cityscape. Residences are priced from $875,000 for studios to $8 million for four bedrooms. One-bedrooms start at $1.2 million, two-bedrooms at $2.4 million, three-bedrooms at $2.95 million, and four-bedrooms at $5.9 million.
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Brooklyn’s tallest tower tops out at 1,066 feet, becomes borough’s first supertall

Photo by Selvon Ramsawak

October 28, 2021

Brooklyn’s tallest tower tops out at 1,066 feet, becomes borough’s first supertall

By Devin Gannon

The tallest tower in Brooklyn officially topped out this week. Located at 9 DeKalb Avenue, newly christened The Brooklyn Tower reached its summit of 1,066 feet, the first and only supertall building (300 meters in height or taller) to rise in the borough. Developed by JDS Development Group and designed by SHoP Architects, the mixed-use tower incorporates the landmarked Dime Savings Bank of Brooklyn into both the skyscraper's design and use; the iconic bank building will hold new retail space and an entry to the residential tower through its colonnade. With occupancy expected next year, the 93-story Brooklyn Tower offers 550 residences, with 150 condos for sale and 400 rentals.
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On its way to becoming Brooklyn’s first supertall, 9 DeKalb is now the tallest tower in the borough

Photos by Michael Young

July 1, 2021

On its way to becoming Brooklyn’s first supertall, 9 DeKalb is now the tallest tower in the borough

By Devin Gannon

Brooklyn's first supertall hit a major milestone this week. In Downtown Brooklyn, the skyscraper under construction at 9 DeKalb Avenue reached 721 feet, developer JDS Development Group announced on Wednesday. Designed by SHoP Architects, 9 DeKalb is now more than halfway to its pinnacle of 1,066 feet, officially snatching the title of the borough's tallest tower from Extell Development's 720-foot-tall Brooklyn Point. A building is labeled as a supertall if it reaches over 300 meters, or 984 feet.
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$57M penthouse at 111 West 57th Street joins list of NYC’s priciest pandemic sales

Photo by Peter Murdock

December 9, 2020

$57M penthouse at 111 West 57th Street joins list of NYC’s priciest pandemic sales

By Devin Gannon

A penthouse apartment at the supertall 111 West 57th Street has sold for over $50 million, making it one of the priciest real estate deals in the city since the coronavirus pandemic struck this spring. Duplex Penthouse 75 sold "for around the list price" of $57 million, according to a spokesperson for the Billionaires' Row development. The two-level apartment has four bedrooms, five and a half baths, and boasts 14-foot ceilings and incredible views of Central Park.
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Real Estate Trends

See inside SHoP’s slender supertall at 111 West 57th Street

The living room of the 43rd-floor unit; Photo by Peter Murdock

October 29, 2019

See inside SHoP’s slender supertall at 111 West 57th Street

By Devin Gannon

The skinny skyscraper perfectly positioned over Central Park has officially topped out at 1,428 feet, becoming the world's second tallest residential building. Designed by SHoP Architects, 111 West 57th Street's super-slender frame allows each of the 46 full-floor and duplex condos to feel like a penthouse. In addition to the Billionaires' Row tower reaching its pinnacle height at 91 stories, new images released Tuesday provide a first look inside the residences, with 360-degree views of Manhattan and bold interiors conceived by Studio Sofield.
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New Developments

July 18, 2019

New court ruling may mean more delays for Lower East Side’s Two Bridges megaproject

By Michelle Cohen

A recent ruling by a panel of state appellate judges may add more delays–at the very least–to the rise of JDS Development Group's proposed addition to the multi-tower Two Bridges development on the Lower East Side/Chinatown waterfront, The City reports. The ruling states that the property's long-term leaseholder, Little Cherry LLC, which has 25 years left on their lease at the currently-vacant 235 Cherry Street, must have a say in how the property’s development rights are used. The developer plans to stack a 1,000-foot, 100-story waterfront apartment tower on top of and cantilevered over the Two Bridges Senior Apartments and one-story retail space–and they need the Cherry Street property's development rights to move forward.
More details this way

November 29, 2017

See inside the American Copper Buildings’ amenity-filled sky bridge

By Devin Gannon

The highly anticipated three-story sky bridge that links the two American Copper Buildings officially opened on Wednesday, making it the first of its kind in New York City in more than 80 years. In a collaboration between SHoP Architects and JDS Development Group, the pair of copper-clad luxury rental buildings at 626 First Avenue, known for their slanted silhouettes, began leasing earlier this year. And now, the buildings' swath of amenities have been unveiled, including the 100-foot-long sky bridge that is suspended 300 feet in the air and boasts a 75-foot indoor lap pool, hot tub and a bar and lounge for residents.
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March 13, 2015

World’s Skinniest Tower 111 West 57th Street Will Offer $100M Condos

By Dana Schulz

Poised to become the world's skinniest tower and one of the hemisphere's tallest, it's no wonder that 111 West 57th Street will ask around $100 million for its condos, not to be outdone by other nine-digit supertalls like 220 Central Park South's $175 million penthouse, the $150 million penthouse at the Sony Building, and One57′s record $100 million sale, which currently holds the title for the most expensive unit ever sold in the city. Curbed has uncovered filings with the Attorney General's office that show the preliminary price list for the SHoP-designed 1,421-foot tower, which is being developed by JDS Development Group and Property Markets Group. The records indicate that there will be condos in the landmarked Steinway Hall, as well in the tower addition. "The 'landmark units' will be smaller and cheaper, starting at $1 million for a studio, while the 'tower units' will start at $13 million for a three-bedroom."
More details and the price list ahead

July 15, 2014

Real Estate Wire: Downtown Brooklyn is a Shining Example of Good Development; One of Greenwich’s Oldest Homes Could be Razed

By Diane Pham

Vornado Realty Trust and Crown Acquisitions have just paid $700M for 24,700 square feet of retail space plus air rights at the St. Regis Hotel and a neighboring townhouse. Insiders suspect they’re looking to get in on booming retail sales which could lead to higher future rents. [TRD] Michael Stern’s JDS Development Group, together with […]

Real Estate Trends

June 24, 2014

Multiple Walker Tower Owners Also Buying Units in Sister Property Stella Towers

By Stephanie Hoina

Take two Art Deco commercial buildings designed by Robert Walker in the roaring twenties and mix in a little 21st century residential conversion magic by JDS Development Group, Property Markets Group, and Starwood Capital Group, and what do you get? Apparently two highly successful projects that now have even more in common - owners who have purchased units in both buildings.
Why did owners double up on their investments?