Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile3 entries
2025
Kasowitz lawsuit over alleged unpaid legal fees
Kasowitz Benson Torres sued JDS Development and founder Michael Stern in New York County Supreme Court, alleging approximately $2.7 million in unpaid legal fees, along with interest and legal costs. The claim concerns representation beginning in 2014 and subsequent real-estate matters.
2024
Dispute over private-jet expenses
Hawthorne Financial Holdings accused JDS Development of owing roughly $1.3 million in unpaid expenses related to the use of a private jet. The available source describes the allegation as a legal dispute and does not state a final resolution.
2020
JDS sues Copper II and Talisman Casualty
Lawsuit filed
JDS Development filed a lawsuit against contractor Copper II and its insurer, Talisman Casualty. According to the filing, JDS alleges that Copper II improperly installed the HVAC system, missed deadlines, and caused water damage. JDS also seeks $11.7 million in damage claims from the insurer and asks the court to invalidate liens that it says Copper brought.
JDS Development sued contractor Copper II and its insurer, Talisman Casualty. JDS alleges Copper II improperly installed the HVAC system, missed deadlines, and caused water damage; it also seeks $11.7 million in damage claims from the insurer and asks the court to invalidate liens it says Copper brought.
Source excerpt
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 and causing water damage on 10 floors.
The developer is also suing the contractor’s insurer, Talisman Casualty, over $11.7 million in damage claims, and wants the court to invalidate $6.9 million of what it calls “willfully exaggerated” liens brought by Copper.