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Michael Stern Owned LLC Files for Chapter 11 Bankruptcy

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Two Bridges Developers Beat Lawsuits Opposing Towers

Paula Segal, an attorney who represents Tenants United Fighting for the Lower East Side and other neighborhood groups in one lawsuit, said her clients are considering their legal options. Kenneth Kimerling, who represents Lower East Side Organized Neighbors and other organizations that brought a second lawsuit, did not immediately return a request seeking comment. Because the Appellate Division’s decision was unanimous, the groups would need to receive court approval to appeal to the state’...
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JDS Development Sues Contractor Over Billionaires' Row Tower

JDS Development’s Michael Stern and 111 West 57th Street (JDS) Fool me once, shame on you; fool me twice, you’re fired — and see you in court. That’s the approach JDS Development is taking toward a contractor once employed at 111 West 57th Street, its luxury residential skyscraper on Billionaires’ Row. In a lawsuit filed last week in New York State Supreme Court, the developer claims contractor Copper II failed to properly install the HVAC system at Steinway Tower, blowing deadlines a...
New York United States New York State Supreme Court Andrew Cuomo York State Supreme Court Development Michael Stern

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