A development group has secured a nearly $49 million construction loan for a 271-unit luxury apartment building in Hackensack, under a newly announced transaction by JLL.
One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.
With interest still strong at its new luxury rental complex in Union, Russo Development has launched a virtual leasing platform to help maintain that momentum.
Russo Development has delivered more than 500 apartments in Kearny since mid-2018, with hundreds more in its pipeline, seeing an opportunity in a town that is minutes from downtown Newark and the ability to capture renters who are priced out of neighboring submarkets.
Two of New Jersey’s best-known multigenerational development firms have broken ground on a long-awaited project in the heart of the Meadowlands, one that will bring more than 3 million square feet of high-end industrial space to a site that is five miles from the Lincoln Tunnel.
Russo Development has opened the doors to the first piece of what will be more than 1,200 luxury apartments adjacent to Kean University and the Union train station.
Russo Development has embarked on its third residential property in Kearny, hailing the start of a 268-unit project at the former site of baseball bat factory.
