President and CEO, Ironstate Development
2020 John Jay Award Honoree
Michael Barry is president and CEO of Ironstate Development LLC, one of the largest privately held real estate development and management companies in the Northeast, with a focus on large-scale mixed-use residential, retail and hospitality projects. Barry is responsible for the oversight of the company’s $3.5 billion portfolio of apartment buildings, hotels, commercial and retail properties.
Ever active with new vibrant developments, Ironstate has brought, and continues to bring, transformative thinking to neighborhoods in Hoboken, Jersey City, and Harrison, New Jersey; the Staten Island waterfront; Williamsburg, Brooklyn; the East Village, Chelsea, the Bowery and Hell’s Kitchen, New York City; with a sprinkling of locations further afield including the Hudson Valley of New York; Jackson Hole, Wyoming; Sonoma County, California; and London, England.
Through the past thirty years, Barry has developed an extensive range of apartments, condominiums and retail and recreational spaces in key urban centers near mass transportation hubs, including: the URBY residential brand in numerous locations; the Shipyard, Hoboken, NJ; the Columbus Collection, Jersey City, NJ; Harrison Station, Harrison, NJ; and many locations throughout New York City. Barry’s hospitality endeavors include both branded hotels including W Hoboken, Jersey City Residence Inn, Harrison Element; and boutique hotels including Standard East Village, Belvedere Mansion and Chiltern Firehouse with partner Andre Balazs; Pod Brooklyn Hotel and the Chelsea Hotel with partner BD Hotels; and Timber Cove and Caldera House.
Committed to environmentally sustainable real estate development, Barry formed Standard Alternative LLC in 2011 to pursue alternative energy projects and has since developed over ten megawatts of solar power facilities. In 2018, Barry joined a promising new hydrogen fusion venture in Cambridge, MA, with the ultimate goal of achieving viable, sustainable fusion-based energy.
Barry is a member of the Columbia College Board of Visitors, the Columbia University Medical Center, Advisory Board of the Private Bank of Bank of America, Board of Trustees of the New Jersey Apartment Association and Board of Trustees of the Hoboken Historical Museum. Barry earned a Bachelor of Arts from Columbia University in 1989 and a Masters in Real Estate Finance from New York University in 1991.