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It's said there wouldn't be a Hoboken without the Barry family. After all, that's where, in 1970, brothers Joseph and Walter Barry founded Applied Housing Co. and embarked on revitalization projects that cemented the firm's reputation as an innovative large-scale urban developer. Some 30 years after Applied's founding, brothers David and Michael Barry continued that legacy, forming Ironstate Development, which owns and manages more than 6,000 residential units with $ 1 billion in projects in the pipeline. As co-president (with Michael) of both Applied and Ironstate, its development arm, Barry has spearheaded some of the state's largest revitalization projects, including the Shipyard and W Hoboken Hotel & Residences in Hoboken; Port Liberte in Jersey City; and Pier Village in Long Branch, now in its third phase. Barry is also a member of the boards of the New Jersey Apartment Association and Fortress Investment Group LLC, a global investment manager with an estimated $40 billion in assets as of 2010.

PETER J. COCOZIELLO

With a mission to be the premier developer of creative real estate assets, Peter Cocoziello started Advance Realty Group in 1979 by purchasing a vacant lot in West Orange with plans to develop his first property, a 14,000-square-foot office building. From there, the president and CEO moved onto single-family and townhomes and, ultimately, build-to-suit commercial space. Today, Advance is one of the most active and well-known development, investment and management firms in New Jersey. Cocoziello serves on a wide number of boards, including the New Jersey Network Foundation, New Jersey Chamber of Commerce Executive Committee and Smeal Business School at Penn State University. He's been named Developer of the Year by NAIOP, New Jersey Entrepreneur of the Year by Ernst & Young and an outstanding businessman by the Somerset County Chamber of Commerce.

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