 Allaire owned a marine steam engineering plant in New York City, the Allaire Iron Works, a steam packet line and various steamships that, together, gave him the resources to control his business from the raw materials to the finished product.When building up the community, he constructed the largest furnace in the US at the time for the iron ore.The Historic Allaire Village that remains today reflects the ideals of James P, Allaire and of the industrial era that flourished between the end of the War of 1812 and the years just before the American Civil War.