Michael Stern, a prominent real estate developer, has been at the center of numerous legal disputes while building some of New York City’s most iconic skyscrapers. Known for constructing the ‘world’s skinniest skyscraper’ in Manhattan and the tallest tower in Brooklyn, Stern now focuses on Miami’s luxury real estate market. Collaborating with Italian packaging heir Gianluca Vacchi, Stern is developing $4 billion worth of projects, including a $1 billion Mercedes-Benz residential tower. Despite his achievements, Stern faces lawsuits from former business partners, investors, and contractors. He attributes these legal battles to the nature of the real estate industry, stating that litigation is inevitable in a litigious society. Stern remains committed to his legacy, aiming to inspire future generations with his architectural contributions.
— new from Business Insider
