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Russo Development

Real Estate
Inside Ora: Brand-New Hackensack Mixed-Use Building Nearly Ready To Start Leasing Inside Ora: Brand-New Hackensack Mixed-Use Building Nearly Ready To Start Leasing
Inside Ora: Brand-New Hackensack Mixed-Use Building Nearly Ready To Start Leasing Hackensack’s downtown renaissance continues with the grand opening of Ora. The stunning 270-unit mixed-use community at 321 Main St. will soon offer luxury studio, one, and two-bedroom units.  Executives from The Hampshire Companies, along with project partners Russo Development and Riverbank Management LLC, were joined by Hackensack Mayor John Labrosse and Deputy Mayor Kathleen Canestrino for the ribbon-cutting ceremony last month. Ora stands seven stories tall at the intersection of Main and Berry streets, the former site of Oritani Bank, and is managed by Russo Property Management.…

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by Cecilia Levine
News
$200 Million Healthcare Center Breaks Ground At NJ Transit Station $200 Million Healthcare Center Breaks Ground At NJ Transit Station
$200 Million Healthcare Center Breaks Ground At NJ Transit Station A new $200 million health and wellness center is hours away from breaking ground at none other than a NJ Transit station. The Hackensack Meridian Health facility will break ground Friday, March 8 at the New Jersey Transit Metropark Station in Iselin. The first of its kind, the center is expected to be completed by 2025. Gov. Phil Murphy is expected to join hospital, transportation and other elected officials as well as developers at an 11 a.m. ceremony, according to a hospital press statement. It's billed as the first accessible health and wellness center at a major transit hub nation…

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by Jon Craig
Business
New Grocery Store Coming To Downtown Hackensack New Grocery Store Coming To Downtown Hackensack
New Grocery Store Coming To Downtown Hackensack Hackensack is getting a new grocery store. Maharaja Hypermarket signed a lease in a 3,500-square-foot space on Main Street. The full-service grocery store will be located at the ground floor of Crossroads 389, located at 389 Main St. The five-story, 119,000-square-foot mixed-use building opened earlier this year. It wasn't immediately clear if Maharaja Hypermarket was affiliated with Maharaja Store, an Indian grocer that ships across the United States. Maharaja translates to prince, or great ruler. "Maharaja Hypermarket’s scheduled opening in the fall will provide a sought-…

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by Cecilia Levine