JDS Development

Funding Secured for Brooklyn’s First Supertall, at 9 DeKalb Avenue

Developer JDS has secured $664 million in funding for the construction of 9 DeKalb Avenue in Downtown Brooklyn. The future residential skyscraper will soon rise 1,066 feet and become the tallest structure in Brooklyn, as well as the first tower in the outer boroughs to pass the 300-meter “supertall” threshold. The loan is coming from Otéra Capital Inc. and Silverstein Capital Partners. SHoP Architects is designing the building, which is located at the corner of DeKalb Avenue and Fleet Street, and sits across the street from the City Point complex. The development is expected to contain 425 rental apartments and 150 condominiums.

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111 West 57th Street’s Super-Slender Concrete Formwork Officially Tops Out Atop Billionaires’ Row, in Midtown

Construction at 111 West 57th Street has reached a major milestone. The reinforced concrete superstructure for the second tallest building in New York City by roof height and the world’s most slender residential building is now topped out. The future 1,428-foot tall tower is being designed by SHoP Architects and developed by JDS DevelopmentProperty Markets Group and Spruce Capital PartnersDouglas Elliman is handling sales and marketing for the 46 condominiums.

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9 DeKalb Avenue

Foundation Work Making Steady Progress for Brooklyn’s First Supertall at 9 Dekalb Avenue, in Downtown Brooklyn

As seen through the green construction netting on-site, large hollow steel pilings are now sitting in the cold weather waiting to be driven into the ground by two piling machines at 9 DeKalb Avenue. Designed by SHoP Architects and developed by JDS Development and the Chetrit Group, excavation and foundation work for the 1,066-foot-tall supertall is making steady headway in Downtown Brooklyn.

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The Fitzroy and its Art Deco-Inspired Exterior Near Full Completion at 514 West 24th Street, in Chelsea

A handsome Art Deco-inspired exterior adorns the The Fitzroy, located at 514 West 24th Street, which is now practically complete. The insides are also nearing the finish line, and will soon open to prospective residents. The project is being designed by Roman and Williams, and developed by a partnership between JDS Development and Largo Investments.

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SHoP Architects’ “Stairway to Heaven” Nears Pinnacle at 111 West 57th Street, Atop Billionaire’s Row

111 West 57th Street is nearing the upper section of its topmost residential and mechanical floors. With a height to width ratio of 24:1, the SHoP Architects-designed tower will soon become the most slender building in the world. It is the 2nd-tallest skyscraper under construction in New York City, and will soon climb to an 1,438-foot-high pinnacle between Sixth and Seventh Avenues. The supertall is being developed by JDS Development and Property Markets Group, and Douglas Elliman is in charge of sales and marketing for the 46 condominiums within.

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