Russo Development and its Joint Venture partners The
Hampshire Companies and Fourth Edition, have begun work on a 653-unit luxury
mixed use apartment community in Hackensack, NJ’s new Riverfront District.
Located on the former site of The Record newspaper at 150
River Street, the 20-acre site is being transformed into pedestrian-friendly
parks connecting Hackensack’s bustling Main Street residential, retail and
office area with the waterfront and providing an esplanade along the Hackensack
River. Plans also include 30,000 s/f of
commercial and retail space.
The developers just announced that the foundation for Print
House has been completed. The rental building includes 271 studio, one- and
two-bedroom homes, a swimming pool, sun deck, roof deck lounge, fitness center,
conference rooms and dog park.
“We’ve been building our residential portfolio in
municipalities with deep histories of commerce at properties that can fulfill
its need for a residential option that appeals to today’s renter,” said Ed
Russo, CEO of Russo Development. “Frenetic
leasing activity at our other communities speak to renters’ quest for homes
that satisfy their need for luxury, safety and convenience for work and travel
without having to make any compromises.”
The property, bordered by the Hackensack River, was
integrated into the City of Hackensack’s redevelopment plan in 2012. At full build-out Print House by Vermella
will include 653 rental homes.
