via Antoinette Martin/ GlobeSt.com Some are calling it a “surge”—10,000 apartment units teeming their way through the pipeline in Jersey City over the next five years. Others say it’s an “explosion” of development, and seem a bit wary of fall-out down the line. (Will rental rates, which have been throttling upward for years now, stop…
Tag: David Barry
Ironstate Development And Mack-Cali’s Harborside Development Receives $33 Million Tax Credit From The NJEDA
$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…
City Breaks Ground On SI Homeport Transformation Project
via Amanda Farinacci/ NY 1 With the Manhattan skyline as a backdrop, Mayor Michael Bloomberg and Staten Island officials broke ground on Thursday what’s to be a nearly $200 million transformation project at the old Homeport. “We’re breathing new life into a once blighted and abandoned spot in our city,” Bloomberg said. The 36-acre site…
Finally, it’s a go for Staten Island’s Homeport
via Irina Ivanova/Crain’s New York After decades of sporadic efforts, ground was finally broken Thursday for a $150 million redevelopment of the old Navy base near the ferry terminal. It is the first of three big projects—including a towering Ferris wheel that is underway. After more than two decades of aborted plans, and four years…
NY1 Online: Developer Talks About Rebuilding At Stapleton Homeport
Our client, David Barry of Ironstate Development Company, interviewed on NY 1 about the company’s mixed-use redevelopment project on Staten Island’s North Shore waterfront. 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…
GSKA revises Costas Kondylis design for two-tower Jersey City development
By Adam Fusfeld Gwathmey Siegel Kaufman & Associates has unveiled a new design for a planned 1.2 million-square-foot development project in downtown Jersey City (see rendering to the right). The firm was recently selected by Ironstate Development and partner Panepinto Properties to replace Costas Kondylis as the architect of two 50-story residential and hotel towers planned…
Feeding the Rental Appetite
via The New York Times/Antoinette Martin HUDSON COUNTY indisputably rules the rental housing market in New Jersey: It has the largest supply of Class A units — around 13,000, according to industry experts — and commands the highest average rental rates of any part of the state. This year and next, that rental kingdom is…
Marketing Directors hired to sell East Village condos
The East 13th Street project is New Jersey developer Ironstate’s first in New York City via The Real Deal The group of developers building an 82-unit condominium building at 211 East 13th Street has hired Jacqueline Urgo, president of The Marketing Directors, to promote the property, which is slated for groundbreaking this summer. The project,…
Jersey Shore Facelift
via gb&d/Interview by Suchi Rudra Pier Village and the Bungalow Hotel, Ironstate Development’s latest high-end revitalization project, tempts travelers and residents with a boutique hotel and more than 500 luxury rentals Stretching along the oceanfront in Long Branch, New Jersey, is a new luxury playground for locals and celebrities alike. Pier Village, a…
Staten Island Homeport Demolition Nears Completion
via Amanda Farinacci/NY1 “Things are underway here. We’re really excited about it,” says David Barry of Ironstate Development. It’s all part of an aggressive plan to turn the space into a Staten Island destination. Under a partnership between the city’s Economic Development Corporation and Ironstate Development, 900 units of housing will be built in phases and…