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Joseph Barry (real estate developer)
Joseph Barry (born 1940) is an American real estate developer and co-founder of the Applied Housing Companies and founder of the Hudson Reporter newspaper chain.〔(Hudson Reporter: "Developer Joseph Barry pleads guilty Admits to $114,900 in illegal cash payments to former county exec" by Tom Jennemann ) June 25, 2004〕
==Biography==
Barry was born in 1940 to a Jewish family〔(New York Times: "Paid Notice: Deaths BARRY, WALTER ) February 12, 2012〕 in New Jersey and raised in Newark,〔(Linx Redevelopment: "MY HISTORY LEADING TO LINX DEVELOPMENT ) retrieved July 22, 2014〕 the son of Marion and Walter Barry.〔 His father was a union organizer for the United Electrical Workers〔(Fund for A Better Waterfront: "Hoboken developer Joe Barry targeted by federal investigators" ) September 2001〕 who started to develop low income housing in Newark after the 1967 Newark riots.〔(Hudson Reporter: "leader passes on Walter Barry, who developed housing throughout Hoboken and beyond, passes away at 99" ) February 12, 2012〕 Barry earned a B.A. In English from Rutgers University and graduated first in his class from Rutgers Law School.〔 He served as a clerk to the United States Court of Appeals for the Third Circuit.〔(New York Times: "2 More Indicted In Bribery Case In New Jersey" By RONALD SMOTHERS ) October 16, 2003〕 In the 1960s, he was associated with the left-wing Students for Democratic Society.〔 In 1970, Barry and his father founded the Applied Housing Company.〔〔(Applied Development website: History ) retrieved July 22, 2014〕 In 1971, Hoboken designated Applied Housing as their exclusive developer of Section 8 housing tasked with rehabilitating deteriorated buildings into affordable housing.〔 Applied focused on renovating the existing housing stock rather than clearance and rebuild; they also believed in careful maintenance and management thereafter to preserve the stock.〔 During the 1970s, Applied built and renovated thousands of units of affordable housing throughout New Jersey with a concentration in Hoboken, North Bergen, and Bayonne.〔〔 The firm was given a great deal of credit for Hoboken's rebirth.〔 In 1979, his father retired and Joseph Barry became president.〔 He re-focused the company on constructing market-rate and luxury housing with a particular concentration on the Hoboken and Jersey City waterfronts〔 including the $150 million, 1,160-unit Shipyard Development Project on Hoboken's waterfront; the 1,650 unit waterfront condominium community Port Liberté in Jersey City; and the 42-story luxury Palisades rental residence in Fort Lee, New Jersey.〔 In 2001, Barry pleaded guilty to making five cash payments totaling $114,900 to former County Executive Robert Janiszewski to secure state and federal funding for the Shipyard project.〔 Barry resigned from Applied Housing and handed the management〔 of the now $108 million in sales company〔 over to his two sons.〔 Admitting guilt, Barry stated: "I made a terrible mistake. I take responsibility for it, and will get on with my life."〔 Barry was sentenced to 25 months in federal prison, ordered to make $1 million in restitution payments, and fined $20,000.〔(NJ.com: "BIG HOUSE FOR BARRY" by MICHAELANGELO CONTE ) October 22, 2004〕 By 2004, Applied was the largest developer in Hoboken.〔
In 1983, Barry also founded the Hudson Reporter newspaper chain.〔 He established Reporter newspapers in six other Hudson County towns: Jersey City, Weehawken, Secaucus, Union City, West New York and North Bergen.〔 In 1999, he sold his share in the chain to minority partners and co-publishers David Unger and Lucha Malato.〔 Despite being semi-retired, Barry remains committed to the urban redevelopment volunteering his time via his LinX Redevelopment company to rebuilding New Jersey's run-down cities〔 with his latest focus on Passaic, New Jersey.〔(LinX Development: "PASSAIC PROJECT" ) retrieved July 22, 2014〕
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