Tag Archives: David Barry

Harrison: Buzzing with Evolution

The July/August issue of INDUSTRY magazine features Ironstate Development and its various projects in Harrison, NJ.

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Creating “modern urbanism” communities where factories and warehouses once stood is a hallmark of a development firm whose latest endeavor is attracting new life to Harrison

When completed, the seven-building mixed-use development rising adjacent to the PATH Station in Harrison will feature six buildings of 2,250 luxury residences and 80,000 square feet of retail space, and already features an Element Hotel with a retail concourse on a 27-acre site. Developed by Ironstate Development and The Pegasus Group, Harrison Station’s estimated total cost is $750 million.

Harrison, in Hudson County along the Passaic River, gained national recognition when visiting President William Howard Taft declared it a “Beehive of Industry,” a motto that stuck. Ironstate recognized the town’s assets, including a new soccer arena (home to Major League Soccer’s Red Bulls) and a vibrant multicultural community. What the town lacked was a modern, enticing residential/lifestyle component that would appeal to today’s urban tastes.

Ironstate’s ambitious development is based on the principles of New Urbanism, which combines residential units, retail, a hotel, pedestrian-friendly thoroughfares, and a progressive yet historically respectful design. The Harrison Station site had long been home to industry and warehouses. As directed by the community’s Waterfront Redevelopment Plan, the project provides a modern transit-oriented development that emphasizes environmental responsibility and community connectivity. Minno & Wasko Architects and Planners, based in Lambertville, was hired to provide the desired structural aesthetic for the residential aspects, and has completed other successful residential, commercial, mixed-use, and hotel projects, including the Bungalow Hotel and Le Club Avenue restaurant in Long Branch and 100 Marketplace in Bernards Township.

FULL STORY


The New York Times: Architect’s Modernist Legacy Crosses the Hudson

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A view from 70 Columbus, an apartment tower in Jersey City by Gwathmey Siegel Kaufman Architects. DAMON WINTER / THE NEW YORK TIMES

Today’s issue of The New York Times features Ironstate Development Company, and their Gwathmey, Siegel, Kaufman and Associate Architects (GSKA) designed 70 Columbus project in downtown Jersey City. Also included in the article is Ironstate’s W Hotel.

JERSEY CITY — When Charles Gwathmey died in the summer of 2009, New York City lost one of its most prolific and influential architects. Adherents of the strict rationalism of Modernist design, Mr. Gwathmey and his partner, Robert Siegel, had still managed to infuse their clean lines and grand geometries with warmth and humanity in more than 400 projects spanning four decades, including the expansion of the Guggenheim Museum and a new building for the United States Mission to the United Nations.

For Mr. Siegel, it was almost as if he had lost a part of himself.

“For 42 years, we sat across the desk from each other, we sketched, we drew, we talked, we argued, we worked,” Mr. Siegel said last week inside his Battery Park City apartment. “It became difficult to pretend you’re just going to continue on as it was before.”

Anyone looking at 70 Columbus, a 50-story apartment tower that opened here in November, might think Mr. Gwathmey was still seated across from his old partner, swapping ideas for the building’s unconventional trapezoidal layouts and its 545 apartments, the cascading courtyard, its doorknobs and countertops. It is a continuation of what came before, but also a coda to the Gwathmey-Siegel legacy, one Mr. Siegel has had to maintain alone.

READ FULL ARTICLE


Ironstate Development And Mack-Cali’s Harborside Development Receives $33 Million Tax Credit From The NJEDA

URL Harborside$291 Million Mixed-Use Project to Rise Along Jersey City Waterfront 

Hoboken, New Jersey, October 24, 2013— Ironstate Development Company and Mack-Cali Realty Corporation (NYSE: CLI) announced today that their URL™ Harborside mixed-use development in Jersey City has been awarded $33 million in tax credits from the New Jersey Economic Development Authority (NJEDA).

The $291 million development, the first phase of a project that will feature three residential towers along the Jersey City waterfront, was chosen under a competitive solicitation by the NJEDA as part of its efforts to encourage significant redevelopment in urban centers and to support diverse business expansion and retention in the garden state.  The award is consistent with the recently signed New Jersey Economic Opportunity Act of 2013. The project is expected to create approximately 700 construction jobs.

“A development of this magnitude will increase the level of economic activity in one of New Jersey’s key urban centers,” said David Barry, President of Ironstate Development Company.  “This will be a transformative project that will introduce an innovative new lifestyle alternative to the marketplace and help encourage additional investment in the City.”

The joint-venture partners will break ground later this year on URL™ Harborside (Urban Ready Living™), a multi-phase development that will ultimately include three residential rental towers, ancillary retail space, and parking. It will add a vibrant housing component to Jersey City’s Harborside, Mack-Cali’s waterfront “city within a city” office complex. The first phase of the project will consist of a 69-story tower with 763 apartment units built on a parking pedestal.

The innovative design of URL™ Harborside allows for tremendous living density in a small footprint. Residents will enjoy contemporary living spaces, on-site amenities, breathtaking Manhattan skyline views and convenient access to adjacent mass-transit options.

“Being awarded the NJEDA tax credit is an important step toward developing Harborside to its full potential,” said Mitchell E. Hersh, President and Chief Executive Officer of Mack-Cali. “The URL™ Harborside project is consistent with our growth strategy of pursuing multi-family residential development opportunities in supply constrained markets.  This furthers our creation of a true Work-Live-Play environment at Harborside.”

About Ironstate Development Company

Ironstate Development Company is one of the largest privately held real estate development companies in the Northeast. Based in Hoboken, New Jersey, Ironstate engages in the development and management of large-scale mixed-use projects and has a diverse portfolio of residential and hospitality assets.

Additional information on Ironstate Development Company is available on the Company’s website at http://www.ironstate.net.

About Mack-Cali Realty Corporation

Mack-Cali Realty Corporation is a fully integrated, self-administered, self-managed real estate investment trust (REIT) providing management, leasing, development, construction and other tenant-related services for its class A real estate portfolio. Mack-Cali owns or has interests in 275 properties consisting of 266 office and office/flex properties totaling approximately 30.7 million square feet and nine multi-family rental properties containing over 3,300 residential units, all located in the Northeast. The properties enable the Company to provide a full complement of real estate opportunities to its diverse base of commercial and residential tenants.

Additional information on Mack-Cali Realty Corporation is available on the Company’s website at http://www.mackcali.com.

Statements made in this press release may be forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “potential,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Disclosure Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Reports on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q, which are incorporated herein by reference. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.


NY1 Online: Developer Talks About Rebuilding At Stapleton Homeport

David Barry of Ironstate Development Company, interviewed onNY 1 about the company’s mixed-use redevelopment project on Staten Island’s North Shore waterfront.

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NY1 VIDEO: Staten Island’s North Shore waterfront is going look much different in just a few years with several development projects in the works. One that is already underway is the mixed-use development of the former Stapleton Homeport, which was briefly occupied by the Navy — but that ended in 1994 as part of a nationwide defense downsizing effort. Nearly two years ago, a deal was reached to build 900 units of housing and 35,000-square-feet of retail space on the site. NY1′s Bree Driscoll sat down with Dave Barry, the president of Ironstate Development Company, to talk about the project.

View the video here

 


A Borough Seeks the Spotlight

NY TIMESThe New York Times features Ironstate Development in a story on the significant redevelopment efforts underway along Staten Island’s north shore waterfront. Read it HERE! 


New Jersey Condo Market Heats Up as Demand Surges

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The New York Times “Square Feet” features Ironstate Development’s Pier Village and 55 Melrose in Long Branch! Read it HERE!


Just Outside the City, and Building Bedrooms

 

 

via RONDA KAYSEN/ The New York Times

HARRISON, N.J. — Sitting in his office, surrounded by Halloween kitsch and posters of building designs, the mayor of Harrison talks like a man who has been selling an idea for a long time. After 15 years, his vision to transform this long-forsaken industrial town into a bedroom community for single, young professionals is finally taking shape.

A flurry of development is under way in this 1.2-mile-long town along the Passaic River, across from Newark. A 275-unit upscale apartment building was fully leased within seven months of its 2011 opening. On the heels of that success, other developers have broken ground on residential, retail and commercial projects in a redevelopment zone that circles the town’s New Jersey PATH station.

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“Harrison is really like new build,” said David Barry, president of Ironstate Development Company, which built 300 Somerset Street with thePegasus Group. “We’re creating a neighborhood from whole cloth and trying to give it a sense of place.”

By the end of the year, the team will break ground on the Element hotel, an extended-stay hotel that will charge visitors about $150 a night. The seven-story hotel will sit across the street from 300 Somerset, wrapping around a 1,440-car garage the team built in 2010. The Hudson County Improvement Authority operates the garage and Harrison receives the revenue from it. Eventually, Ironstate and Pegasus plan to build five more apartment buildings with about 2,000 units and 67,000 square feet of retail.

READ FULL ARTICLE HERE


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