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Real Estate Rumor Mill: JDS, GoPro And NetSuite, Mitchell

By Andrew McIntyre (June 30, 2015, 7:03 PM EDT) -- JDS Development Group and Property Markets Group have scored $725 million in construction financing for their residential tower development on 57th Street in New York from Apollo Global Management LLC and American International Group Inc., Crain's New York Business reported on Tuesday. The developers secured the financing for 111 W. 57th St., which at 1,438 feet is set to be the Western Hemisphere's tallest residential tower upon completion in 2018, Crain's said....

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