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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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