Commercial Real Estate Power 50 – No. 7: Ed Russo

For decades, riders on Raritan Valley Line trains passed a tall smokestack that read “Schering” just east of Union Station opposite the Kean University campus.

As president and chief executive officer of Russo Development, Russo is regarded by his peers as a top developer in all of the asset classes in which he and his firm are involved. Whether data centers, industrial, multifamily or mixed-use, Russo is known to deliver high-quality projects throughout Northern New Jersey. He has transformed the business his father founded in 1969 into one of the state’s most active development companies.

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