David Barry is President of Ironstate Development Company, a privately held real estate development and management company based in Hoboken, New Jersey. The Company engages in the development of large-scale residential and hotel projects in the Northeast United States. The company currently owns and manages over 6000 residential units and currently has approximately $1 billion in the development pipeline.
Mr. Barry’s expertise and responsibilities include oversight of all aspects of real estate development for the Company including planning, acquisition, approval, financing, construction, marketing, sales and leasing. Mr. Barry possesses substantial experience with a multitude of development issues including environmental remediation, public/private partnerships, complex financing structures, redevelopment law and urban development regulations.
Mr. Barry received his B.A. from Columbia University, 1987 and his J.D., magna cum laude, from Georgetown University Law Center, 1990. Mr. Barry was captain of the Columbia Wrestling team and received All-Ivy honors while there.
Mr. Barry is a member of the Board of Directors of Fortress Investment Group LLC (NYSE: FIG), a leading global investment manager with approximately $44.0 billion in assets under management as of September 30, 2010. He is a Trustee of Beat the Streets Wrestling, Inc., a Board Member of New Jersey Apartment Association, Team Leader for USA Wrestling for 2012 Olympics and a Member of the Board of Governors for the National Wrestling Hall of Fame.
Michael Barry is the president of Ironstate Holdings LLC, (and Applied Property Company) a privately held real estate development and management firm based in Hoboken, New Jersey. The company's core business is the development, management and investment of large-scale mixed-use residential, retail and hospitality in the Northeast United States.
Mr. Barry is responsible for the oversight of the Company's assets worth approximately $1.5 billion, property management, financing and general operations. He has extensive real estate development, management and finance experience, having overseen the development of many complicated large-scale real estate projects encompassing thousands of multi-family residences, urban retail centers, full-service hotels, parking facilities and recreational amenities.
Michael Barry is an active Director on the Board of Trustees of the New Jersey Apartment Association. He was appointed by the Governor of New Jersey to the state's Landlord- Tenant policy committee. He is a long standing member of the Urban Land Institute. Mr. Barry received a Bachelor of Arts from Columbia University in 1989 and a Masters in Real Estate Finance from New York University in 1991.
Ironstate and its principals have developed 10,000 residential and hotel units over the past several decades, still owning and managing the majority of that portfolio. The company is presently engaged in the development of approximately $1 billion of large-scale residential and hospitality projects. Ironstate's expertise and strength are in its ability to successfully plan and execute the development of complex, multi-faceted developments. It works closely with local, state and federal agencies, as well as architectural, engineering, environmental and construction firms. Ironstate's four decades of experience in acquiring, planning, financing, constructing, and managing large-scale developments has made the company a leader in the industry. Current assets include the Shipyard, 333 River Street and Hudson Square, three mixed-use waterfront development projects totaling over 2,000 residences, 125,000 square feet of retail, 2,200 enclosed parking units, marina, yacht club and ferry terminal in Hoboken, New Jersey; Port Liberte, 50 Columbus and 225 Grand, three mixed-use developments of over 2,000 luxury residences along the Hudson River in Jersey City, New Jersey; Pier Village, a vibrant mixed-use development of over 550 residences, boutique hotel, 100,000 square feet of restaurants, retail stores and beach club, and over 1,000 parking units on the Atlantic Ocean in Long Branch, New Jersey; and The W Hoboken, an iconic new 25-story hotel featuring 225 guest rooms and 40 condominium residences on the Hoboken waterfront facing midtown Manhattan; and the soon-to-open extraordinary W Marrakech Hotel.