10-22-21

N ew J ersey 10B — October 22 - November 18, 2021 — New Jersey — M id A tlantic Real Estate Journal

www.marej.com

New Jersey locations offer a hybrid living experience Russo Development continues to define the residential rental experience

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wick. Kearny even renamed its Passaic Avenue Westernmost point, Hudson Pointe, to reflect

ban neighborhood with easy access to shopping and dining, but with all the advantages

residents and leasing teams. Just as renters who were priced out of Manhattan began

rental experience by choosing locations that have been hiding in plain site as underutilized or antiquated industrial sites and offer an upgraded lifestyle with spacious and well-appointed apartment homes in highly- amenitized communities.” The onsite amenities that Russo has come to be known for are highlighted at one of its newest properties, Vermella Union, with 86,000 s/f of spa- like spaces including a fully equipped fitness center, yoga studio, and multi-sport simu- lator, gourmet prep kitchen, children’s playroom, and media room. Its outdoor amenities include a pool and lounge deck, and a rooftop garden with areas for outdoor cooking, dining, lounging, and enjoying one of several fire pits. Onsite retail and dining like The Shoppes at Vermella Union will become a mainstay in Russo’s upcoming communities in Hackensack, Garwood, and Woodbridge with the Hacken- sack campus ultimately acting as a conduit between of the city’s downtown area and a new riverfront district with retail, public green spaces, and river walk. All Vermella properties are located near world-class shop- ping and Newark Liberty Air- port are convenient by car via major arteries including the Garden State Parkway and the New Jersey Turnpike and offer commuters and easy ride via NJ Transit either within a short walk, or by a private shuttle provided by Russo Property Management. About Russo Development, LLC Russo Development is one of the most active, privately held developers of industrial, data center, and multifamily prop- erties serving the New Jersey market. Russo has earned a reputation for well-planned developments that are distin- guished by their emphasis on detail and quality. Over their over 50-year history, Russo has completed more than 8 million s/f of industrial projects and has become one of the largest own- ers of data center space in the New York metropolitan area. The firm has also completed approximately 2,200 rental apartments during the past several years and has a multi- family pipeline of over 3,500 units planned in various New Jersey communities over the next five years. MAREJ

ARLSTADT, NJ — Russo Development continues to feed New

Jersey’s need f o r w e l l - priced luxury rental options while breath- ing new life into former industrial ar- eas with spa- cious apart-

Russo has carved out the next hip neighborhoods at more reasonable and attainable pricing than The Gold Coast, in Kearny, Union, Lyndhurst, Verona, and Waldwick. Kearny even renamed its Passaic Avenue Westernmost point, Hudson Pointe, to reflect its new identity as a bustling residential neighborhood offering Vermella communities and a dynamic and varied retail presence.

its new identity as a bustling residential neighborhood offer- ing Vermella communities and a dynamic and varied retail presence. “These locations offer a hy- brid living experience: the ur-

of suburban living like larger apartment homes, and access to outdoor spaces and activities both onsite and nearby,” said Adam Pasternack , president of Russo PropertyManagement. “We continue to redefine the

moving to the outer boroughs in the 1990’s, Russo has carved out the next hip neighbor- hoods at more reasonable and attainable pricing than The Gold Coast, in Kearny, Union, Lyndhurst, Verona, and Wald-

Adam Pasternack

ment homes and robust ame- nity packages, including onsite events programming designed to promote meaningful inter- actions and kinship among its

P o s k a n z e r S k o t t A r c h i t e c t s 550 North Maple Avenue, Ridgewood, NJ 07450 201.445.2322 www.poskanzerskott.com

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