N ew J ersey 12B — October 21 - November 17, 2022 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
Developed under a partnership between Russo Development, The Hampshire Cos. & Fourth Edition Phase one of Hackensack’s ‘Print House’ seeing accelerated leasing demand – 80% of units leased H
ACKENSACK, NJ — Phase one of Print House in Hackensack is now more than 80% leased just three months after an- nouncing its first 271 luxury units were available for lease in mid-June. When fully complet- ed, all phases of Print House will offer 653 units developed under a partnership between Russo Development, The Hampshire Companies and Fourth Edition Inc. and includes a highly anticipated soon to be completed riverwalk and public green space. “From the moment a prospec- tive resident walks through
Print House in Hackensack
the door at Print House, they notice the attention to detail we’ve put into the design ele- ments and thoughtful ameni- ties that we offer,” said Adam Pasternack , president of Russo Property Management. “The accelerated leasing activ- ity is a direct response to what people expect in an all-inclu- sive community experience with convenient commuting options and onsite retail offer- ings. Our new residents are not only coming from Hackensack and surrounding towns, but also from Jersey City, Hobo- ken, and New York City. The right mix of class A construc- tion, convenient location and transportation options plus an excellent value away from the Gold Coast has struck the ideal chord for our residents.” Phase one of Print House offers 33 studio, 139 one bed- room, and 99 two-bedroom rental units with floor to ceiling windows, balconies, and full- size washer and dryers. Stu- dios start at $2,100, one bed- rooms in the $2,600’s, and two bedrooms at $3,495 depending on the floorplan. Delivery of the next phases of Print House’s residential development is un- der construction and expected to deliver in early 2024. Located at 160 River St., Print House replaces the long dormant and vacant 20-acre property previously home to The Record newspaper. Print House also offers over 30,000 s/f of street-level mixed- use retail space, NAI Hanson has already secured leases from Hackensack Meridian and Blue Foundry Bank and is close to completing leases with two other major retailers that will offer the perfect onsite amenity for Print House resi- dents and the greater Hacken- sack community. MAREJ
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