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Friday, September 18, 2026

BINJE’S Best Commercial Real Estate Leaders 2025: Developers

 

 

David Barry; Michael Barry
 CEO; President
 Ironstate Development

Brothers are continuing to aggressively build out their portfolio in Jersey City, Newark, Harrison and Montclair areas, led by successful Urby projects, which seem to be popping up everywhere and are redefining modern urban living.

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Brian Cheripka
 Principal
 Starfield Cos.

Company’s latest effort in Asbury Park is the recently opened 226-unit Surfhouse, the first luxury rental property in the historic Jersey Shore community for a company that has helped transform the city with major condominium and hospitality projects.

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Peter Cocoziello, Sr.
 Founder, CEO
 Advance Realty

Firm continues to stay active as it transitions more of the leadership role to Cocoziello’s sons, Daniel, Alexander and Peter Jr. Among recent efforts: The Riverbend District (in Harrison), 1404 Willow Ave. (in Hoboken) and Freshpet Global Headquarters (in Bedminster).

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Ed Cohen; Gene Diaz
 Principals
 Prism Capital Partners

Firm recently secured three key approvals for its flagship ON3 campus in Clifton and Nutley. The long-awaited announcement paves the way for residential (more than 1,000 units) and a major research & development facility (perhaps a data center).

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Steven Denholtz, Stephen Cassidy, Katie Kurtz
 Chairman, Managing partner, CEO
 Denholtz

Firm, longtime leader in multifamily and industrial in New Jersey, is aggressively growing its portfolio in the Southeast with acquisitions in South Carolina, North Carolina and Georgia.

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Sal Garcia
 Founder
 MÁS Development

Vintage City, a regional development project that is bringing modern apartments, stylish office and coworking spaces and a vibrant food and bar scene to an area near the Elizabeth train station, deservedly won NAIOP’s Mixed-Use Deal of the Year.

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David Gardner
 CEO
 Larken Associates

Branchburg-based diversified real estate firm, specializing in residential, commercial and industrial properties throughout the Northeast, is celebrating its 60th anniversary.

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Don Ghermazian
 CEO
 Triple Five Group

American Dream was a big winner during the recent Club World Cup (establishing it as a go-to site for next year’s World Cup), but the property’s biggest win this summer came in tax court, which reduced the mall’s assessed value by $850 million.

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Jon Hanson, Jimmy Hanson
 Chairman; CEO
 Hampshire Cos.

Iconic family in New Jersey real estate continues to remain active — it’s leasing a multifamily project in Hackensack, continuing as a leader in self-storage and recently flipped a warehouse in Teterboro.

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William Hanson
 President
 NAI James Hanson

Earlier this year, NAI James E. Hanson acquired the Garibaldi Group, bringing together two of New Jersey’s oldest and most recognizable brokerage and real estate services firms.

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Jonathan Kushner
 President
 Kushner Real Estate Group

The firm has finished Journal Squared, a project of more than 1,800 luxury apartments that’s widely seen as a main catalyst for the decade-long development boom in Journal Square, but it’s just one piece of KRE’s vast portfolio in Jersey City and around the state.

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Ron Ladell
 Lead executive for New Jersey
 AvalonBay

In addition to his role overseeing too-many-to-keep-up-with multifamily projects around the state, Ladell is chair at the Rutgers Center for Real Estate, working to set up the center for the future while teaching next generation of students.

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Clark Machemer
 Senior managing director, industrial group
 Crow Holdings Development

Firm, which recently earned full occupancy on its 1.2 million-square-foot campus in Carteret (and won a NAIOP award for its property in Elmwood Park), now has full approvals in place for nearly 104,000 square feet of new high-end logistics space in Philadelphia.

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Jeff Milanaik
 Northeast Region partner
 Bridge Industrial

He’s helping to transform Perth Amboy with Gateway Project that will include 470,000 square feet of new warehouse space, recreation and open space and pad-ready construction sites in an area that city officials have long sought to remediate and revitalize.

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Gus Milano
 President
 Hartz Mountain Industries

Among other projects, the firm recently completed the Reserve at Estuary, a 218-unit apartment complex in Weehawken — the final piece of the iconic 60-acre Lincoln Harbor mixed-use development that has been on the drawing board for decades.

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Jack Morris
 CEO
 Edgewood Properties

He’s known for numerous multifamily developments across the state as well as being co-owner of the Hard Rock Hotel & Casino Atlantic City, but his legacy will be the Jack & Sheryl Morris Cancer Center in New Brunswick.

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Joe Panepinto, Sr.
 CEO
 Panapinto Properties

A key player in Jersey City for decades (he was one of the pioneers of projects in the now-hot Journal Square area), he recently had topping-off ceremony for 505 Summit, a 605-unit, 54-story multifamily project set to open next year in Journal Square.

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Itay Ron
 Senior vice president and Northeast market leader
 Faropoint

Heads Hoboken-based firm that continues to be one of the smartest — and most aggressive — industrial firms around the state and the region.

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Ed Russo
 CEO
 Russo Development

It doesn’t just seem as if Russo is opening a new multifamily and mixed-use project each month, it is: Firm recently celebrated successful launches in Belleville (Rev by Vermella) and New Brunswick (a high-end 534-unit project).

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Mike Sacro
 Senior vice president, market officer for NY-NJ region
 Prologis

Firm is everywhere in New Jersey. It recently closed on 200 acres in Gloucester County (where it has plans for 826,000-square-foot project in East Greenwich) and acquired 1.1 million-square-foot facility in Monroe Township.

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John Schreiber; Tim Lizura
 CEO; Executive vice president, real estate & capital projects
 N.J. Performing Arts Center

Making steady progress on reimagined campus of the New Jersey Performing Arts Center, a $336 million project that broke ground last fall that will bring Newark’s downtown hundreds of new residences, retail, outdoor gathering spaces and a unique education community center.

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Mark Shearer
 Senior managing director, North Central
 Rockefeller Group

Rockefeller is best known for the Green in Florham Park, but Shearer — a former NAIOP New Jersey president — has the group doing work in logistics and warehousing up and down the state and in Pennsylvania.

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Eric Witmondt
 CEO
 Woodmont Properties

Firm, a national player, remains a force in New Jersey. It recently began leasing a 199-unit property in Randolph (which was developed with Canoe Brook) and broke ground on a 300-unit project in MetroPark (coming in 2028).

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Ralph Zucker
 President
 Inspired by Somerset Development

Among many projects, the firm recently acquired the Tinton Falls headquarters of cybersecurity firm Commvault, with plans to repurpose the 276,900-square-foot property as a new phase of its landmark Bell Works campus in nearby Holmdel.

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