Residential & Mixed Use
C&W: Sale of factory site clears way for next rental project in Kearny

Russo Development has completed its acquisition of a former industrial site in Kearny that will allow it to extend its multifamily pipeline in the town, brokers with Cushman & Wakefield said.

Residential & Mixed Use
Russo adds to footprint in Kearny, debuts 280 apartments (SLIDESHOW)

Russo Development has delivered another 280 apartments in Kearny, completing the first of two phases at its newest residential project in the town.

Industrial
Bridge details 1.7 million sq. ft. industrial project in Somerset, efforts to restock N.J. pipeline

Bridge Development Partners is planning a three-building, 1.7 million-square-foot industrial complex in Somerset County after acquiring parcels from two separate sellers, part of an effort to refill its pipeline in New Jersey after a blockbuster portfolio sale last year.

Residential & Mixed Use
Russo, Dinallo open new 110-unit rental project in Waldwick

As a crowd gathered last week to mark the opening of a new luxury rental complex in Waldwick, a nearby resident was among those who had wandered over to the property.

Residential & Mixed Use
Russo breaks ground in Kearny on latest rental project

Russo Development has started construction on its second apartment community in Kearny, adding to its growing pipeline of residential development in northern New Jersey.

Government & Public Policy
Eye on Trenton: Developers wary of proposed changes to tax abatement law

In a state that is increasingly dependent on redevelopment in densely populated, infrastructure-rich towns and cities, lawmakers are mulling changes to a tax abatement statute that is often seen as critical to bringing those projects to life.

Residential & Mixed Use
Developers break ground, raise flag at adaptive reuse project in Verona

Construction is underway at a project that would convert a historic flag factory in Verona into the centerpiece of a new 112-unit residential development.

Office
JLL team provides a cure for New Jersey’s vacant pharma sites

Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.

In the most high-profile cases, a team at JLL has been right in the thick of it.

Residential & Mixed Use
Russo, Hornrock picked for ‘gateway’ project in Hackensack

Hackensack city officials have picked Hornrock Properties and Russo Development to transform a 4.3-acre parking lot into a mixed-use complex with 338 residential units and retail space.

Residential & Mixed Use
Russo details mixed-use plans for iconic Hess property

The landmark Hess tower in Woodbridge may be getting some company in the years ahead. That’s according to a plan laid out Wednesday by developer Ed Russo, whose firm is part of a joint venture that aims to acquire and transform some 30 acres around the iconic building. He said the Carlstadt-based firm and its partner, Onyx Equities, intend to build a mixed-use community with roughly 600 residential units and 40,000 square feet of retail space.