JDS Development Group

JDS Development Group NYC portfolio

$890.9 million -condo 99%; Manhattan 99%*

260th largest portfolio by dollar value

260,639 sqft – condo 100%; Manhattan 100%

1308th largest by SF

47 residential units – Manhattan 100%

2688th largest by residential units

0 foreclosures, 0 bankruptcies, 24 other court cases.

Company Activity past 24 months:

Seller company: 1 for $672 million

Top Ten Associated Companies:

Black Spruce Management (1), 514 West, LP (1), Justin Patrick McLeod (1), Katherine Moore McLeod (1), 514w24, LLC (1), Apollo Global Management (1), Silverstein Properties (1), Ying Eliason (1), Madison Realty Capital (1)

Top Ten Associated People:

Ross Levine (2), Xiaomin Chen (1), Joshua Gotlib (1), Jeffrey S. Tanen (1), Justin Patrick McLeod (1), Katherine Moore McLeod (1), Jay M. Newman (1), Jeffrey Horowitz (1), Lori Ostrover (1), Jonathan Abraham (1)

Recent activity as company:

• JDS Development Group sold 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, 9 Dekalb Avenue, and others, Downtown Brooklyn, Brooklyn for $672 million to Silverstein Properties on June 10, 2024.

• JDS Development Group borrowed $238.8 million from Apollo Global Management for 111 West 57th Street, 111 West 57th Street, 111 West 57th Street, 111 West 57th Street, 111 West 57th Street, and others, Midtown West, Manhattan on August 10, 2022.

• JDS Development Group sold 111 West 57th Street, Midtown West, Manhattan for $18.9 million to The buyer on May 26, 2022.

• JDS Development Group sold 111 West 57th Street, Midtown West, Manhattan for $25.5 million to The buyer on May 13, 2022.

• JDS Development Group sold 514 West 24th Street, Chelsea, Manhattan for $12.8 million to Justin Patrick McLeod and Katherine Moore McLeod on May 11, 2022.

• JDS Development Group sold 111 West 57th Street, Midtown West, Manhattan for $22.5 million to The buyer on April 20, 2022.

• JDS Development Group sold 111 West 57th Street, Midtown West, Manhattan for $27.9 million to The buyer on March 31, 2022.

• JDS Development Group sold 514 West 24th Street, Chelsea, Manhattan for $7.2 million to Madison Realty Capital on March 21, 2022.

• JDS Development Group sold 514 West 24th Street, Chelsea, Manhattan for $15 million to 514 West, LP on March 15, 2022.

• JDS Development Group, Property Markets Group and Spruce Capital Partners sold 111 West 57th Street, Midtown West, Manhattan for $26.7 million to The buyer on March 15, 2022.