Tag: russo development
Harrison’s 398-Unit Vermella Apartment Complex Secures $75 Million Financing
Russo Development has secured $75 million in financing for Vermella Harrison, a 398-unit apartment community near the PATH station that is currently approximately 97% occupied.
Redevelopment Plan Could Bring Nearly 200 Apartments To Summit
A redevelopment proposal could bring 198 apartments, including 30 affordable units, to a former office property in Summit.
Former BMW Headquarters in Woodcliff Lake to Become 370-Unit Residential Community
A 21-acre property that was home to one of the biggest names in the auto industry will soon be transformed into a mixed-use community with open space, retail and affordable housing.
Former REI and Red Robin Site in Paramus to Become 426 Apartments
A former REI, Red Robin and surrounding parking lots in Paramus are slated to become 426 apartments and retail space after developers secured $163.9 million in construction financing.
Russo Development Set to Open New Paramus Headquarters This Fall
The developer, whose Vermella brand has become omnipresent around the Garden State, will be moving into a 45,000 square foot headquarters in Paramus.
Former Annin Flag Factory Turned Loft Apartments Sell in Verona for $56 Million
The former Annin Flag Factory in Verona, now a 111-unit apartment community, has sold for $56 million.
534-Unit New Brunswick Development Locks In $162 Million in Financing
A massive mixed-use project in New Brunswick is moving forward after Russo Development locked in $162 million in financing.
Marc Lore’s Wonder Set to Open Hackensack Location
Wonder, the chef-backed takeout and delivery concept, will open this fall in Hackensack.
Hackensack City Council Moves to Cancel Tax Breaks for Major Redevelopments
The new city council rescinded three developer tax breaks, potentially leaving several prominent sites undeveloped for years but delivering on key campaign promises.
Riverfront Townhomes Coming to Kearny as PulteGroup Closes Deal
Bridgeview joins a growing list of residential projects in Kearny as demand for Hudson County housing continues to rise.
