Luxury Developer JDS Faces Foreclosure on Record-Breaking Tower

By Holly Dutton

JDS Development Group, a Miami-based developer known for its towering residential skyscrapers, has suffered a recent setback. The firm, which has projects in Manhattan's Billionaire's Row, Downtown Brooklyn, and upscale Miami neighborhoods, is known for its luxurious properties and their steep price tags. Last week, JDS defaulted on a mezzanine loan for its most ambitious […]

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