COMPANY NEWS
Friday, July 29, 2016

The Record, July 29, 2016 –  D&R Waldwick, LLC, a joint venture between affiliates of Terminal Construction Corporation and Russo Development, has broken ground on Waldwick Station, a mixed use community located in downtown Waldwick. The building will include 110 …

Thursday, July 28, 2016

WALDWICK SUBURBAN NEWS, July 28, 2016 –  D&R Waldwick, LLC, a joint venture between affiliates of Terminal Construction Corporation and Russo Development, has broken ground on Waldwick Station, a mixed-use community located in downtown Waldwick.

Friday, July 22, 2016

RUSSO DEVELOPMENT PR Media Contact: Jenn Olivencia | 201.487.5657 | jolivencia@russodevelopment.com FOR IMMEDIATE RELEASE   New Bergen County Luxury Development Begins Construction Waldwick, NJ (July 21, 2016) – D&R Waldwick, LLC, a joint venture between affiliates of Terminal Construction Corporation and …

Thursday, July 21, 2016

Waldwick Suburban News, July 21, 2016 – Waldwick — The first step in the transformation of the Demartini lumber yard into a sprawling housing complex has begun, with the razing of the yard.

Thursday, November 19, 2015

The Jersey Journal, November 19, 2015 – After months of negotiation, Kearny has designated 113 Passaic Avenue Urban Renewal, LLC, an affiliate of Russo Development, LLC, as the developer of a 17.4 acre Passaic riverfront tract.

Monday, November 16, 2015

NJBIZ, November 16, 2015 – From Newark to Camden and everywhere in between, New Jersey’s real estate industry is a powerful part of the state’s economy. And in this prominent industry, there are some names that rise to the top when …

Monday, November 2, 2015

Mid Atlantic Real Estate Journal, November 2, 2015 – D&R Verona, LLC, a joint venture between Dinallo Construction Corporation and Russo Development, has acquired the former Annin Flag factory on Bloomfield Ave. in Verona.

Thursday, October 22, 2015

Kearny USA , October 22, 2015 – On Tuesday, October 13, 2015, Mayor Alberto G. Santos and Town Council Members Marytrine De Castro, Albino Cardoso, Jonathan Giordano, Richard Konopka, Eileen Eckel, Carol Jean Doyle and Susan McCurrie attended a ribbon-cutting ceremony …

Tuesday, October 20, 2015

The Observer Online, October 20, 2015 – For Joe Tornielli, it ranks as a great discovery. The manager of a Ramsey-based department store had spent the last eight years in a Wayne apartment and wanted new digs. He’d driven past the Vermella Lyndhurst development and then saw a Google announcement …

Saturday, October 10, 2015

The Jersey Journal, October 10, 2015 – The town now has until Oct. 18 to strike a deal with Russo Construction for a new residential development on Passaic Avenue. At a recent meeting of the Town Council, officials voted to extend …

Friday, October 9, 2015

The Jersey Journal, October 09, 2015 – While the residential portion of Vermella Crossing’s first phase was under construction, Kearny residents raised concerns that the development would bring too many new students into the local public school system.

Tuesday, September 22, 2015

New York citybizlist, September 22, 2015 – North Jersey development team adds to their redevelopment portfolio. D&R Verona, LLC, a joint venture between Dinallo Construction Corporation and Russo Development, has acquired the former Annin Flag factory on Bloomfield Avenue.

CoStar Group, September 22, 2015 – Russo Development LLC and Dinallo Construction Corp. have acquired the former Annin Flag factory building at 163 Bloomfield Ave. in Verona, NJ from Annin Flagmakers. The building has sat vacant since 2013.

Thursday, September 17, 2015

Verona-Cedar Grove Times, September 17, 2015 – After a period of relative inactivity, a new plan is back in motion for the former Annin Flag building site in Verona. The Bloomfield Avenue property is likely to be converted into rental …

BlueGate Partners, September 17, 2015 – Russo Development has engaged BlueGate Partners LLC to secure permanent financing for Vermella Crossing, a newly developed luxury, multifamily community in Kearny, Hudson County, New Jersey (the “Property” or “Community”). The Property is a Class-A …

Thursday, August 27, 2015

South Bergenite, August 27, 2015 – Developers received the go-ahead from the Rutherford Planning Board for construction of 52 housing rental units in a mixed-use building, stretching from Park Avenue to Chestnut Street.

Saturday, August 15, 2015

NJ.com, August 15, 2015 – Russo Development has been named the developer for a Passaic riverfront tract where the firm has proposed building 458 rental units. At a recent meeting of the governing body, elected officials unanimously approved the designation. Under the …

Monday, July 27, 2015

The Jersey Journal, July 27, 2015 – Russo Development has been named the developer for a Passaic riverfront tract where the firm has proposed building 458 rental units. At a recent meeting of the governing body, elected officials unanimously approved the designation.

Thursday, July 2, 2015

The Montville Patch, July 2, 2015 – More than 200 commercial real estate professionals came out in support of the fight for healthy babies and honored Ed Russo, CEO of Russo Development in Carlstadt, NJ, at the recent New Jersey …

Editor, July 2, 2015 – A developer has proposed building 458 units of rental housing on a sprawling tract along the Passaic River. Representatives from Carlstadt-based Russo Development presented their proposal for the Passaic Avenue project at a meeting of the town’s governing body …

Tuesday, June 30, 2015

The Observer, June 30, 2015 – He has built a new apartment complex in Lyndhurst and he’s got others nearing completion in Kearny and Harrison. And he’ll be a partner in a joint venture commercial development in the Meadowlands.  Now Carlstadt developer Ed Russo is pitching an additional residential …

NJBIZ, June 30, 2015 – The firms chosen to redevelop the so-called Kingsland site in the Meadowlands have offered an early glimpse of what their plans could entail for the 718 acres once slated for the failed EnCap project.

Friday, June 19, 2015

NJ.com, June 19, 2015 – “Vermella literally translates into red, Russo Development’s signature color,” said Lisa Kaplan, director of marketing of Russo Development. “Its meaning is much more expansive though. The Vermella brand stands for high-quality construction, attention to detail and …

Thursday, June 18, 2015

The Record, June 18, 2015 – The New Jersey Sports and Exposition Authority on Thursday approved the sale of the Kingsland tract, a 718-acre parcel of remediated landfills in the Meadowlands, to Russo Development of Carlstadt and Forsgate Industrial Partners of …

Friday, June 12, 2015

The Record, June 12, 2015 – The borough’s Zoning Board of Adjustment has approved zoning relief for a 111-unit apartment complex on the site of a former lumber yard just west of the Waldwick train station.

Friday, June 5, 2015

The Jersey Journal, June 5, 2015 – Kearny expects to announce the details soon for a major residential development that has been proposed along the Passaic River. The town is entertaining proposals from two developers to construct waterfront residences on …

Tuesday, June 2, 2015

NJBIZ, June 2, 2015 – The 2015 NJBIZ General Counsel of the Year Awards honored the best lawyers serving as general counsels or chief legal officers for companies and organizations around the state. On Tuesday, the winners were named during a …

Friday, April 17, 2015

Mid Atlantic Real Estate Journal, April 17, 2015 – The March of Dimes New Jersey Chapter will honor Edward Russo, chief executive officer of Russo Development, at the organization’s 2015 Real Estate Award Reception and Pynes Putting Challenge. This year’s …

Monday, April 13, 2015

The Jersey Journal, April 13, 2015 – In Harrison, construction of Vermella Harrison is nearly complete, with the first 100 apartments slated for occupancy by the end of the summer, according to Lisa Kaplan, director of marketing for Carlstadt-based Russo Development. …

Monday, March 30, 2015

NJBIZ, March 30, 2015 – Russo Development’s Richard Berger was nominated for General Counsel of the Year for a Private Company with revenues up to $500 MM.  The 2015 General Counsel of the Year Awards program honors New Jersey’s General …