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Russo Development

Carlstadt, NJ 51–200 employees 7 principals

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Last updated 3mo ago

About Russo Development

Russo Development is a real estate operator headquartered in Carlstadt, NJ. Russo Development operates in New York City, New York. Its investment focus is on Affordable Housing, Data Centers and Industrial.

Russo Development is a privately held real estate developer founded in 1969 and based in Northern New Jersey. Over more than 50 years, the company has developed over 7 million square feet of premier commercial space, completed more than 60 industrial projects, and delivered in excess of 6,000 luxury apartment homes. Leadership has passed to its second generation, with Edward Russo as CEO since January 1, 2001—under his oversight the firm has executed more than 2 million square feet of mission‑critical facilities and holds over 3,600 multifamily units under construction and an additional 2,500 units planned for the next three years. Russo Development focuses on four main real estate sectors: mixed‑use multifamily (under its Vermella brand featuring luxury apartment communities with modern amenities), industrial and logistics, mission‑critical assets such as data centers, and commercial space.

Principals at Russo Development

Principal details are a Pro feature

7 principals on file

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Recent activity at Russo Development

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Russo Development's project portfolio

2 projects on file · Multifamily (1), Mixed-Use (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Russo Development operates in

  • New York City, New York

Investment themes at Russo Development

  • Affordable Housing
  • Data Centers
  • Industrial
  • Logistics
  • Multifamily - Ground-up
  • Standalone Retail
  • Suburban Office
  • Urban Office

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Economic Development
  • Environmental Remediation
  • Mixed Use
  • NMHC OpTech Attendee
  • Public-private partnerships
  • Transit-oriented development

Operators similar to Russo Development

  • The Daimler Group
    Established tierMultifamily - Ground-upIndustrial+6 more themes
  • Saunders Construction
    Established tierIndustrialLogistics+6 more themes
  • Edge Realty Partners
    Established tierIndustrialLogistics+5 more themes
  • Oppidan Investment Company
    Established tierIndustrialStandalone Retail+5 more themes
  • Foulger-Pratt
    Established tierIndustrialLogistics+5 more themes
  • Patrinely Group
    Established tierNew York City, New YorkIndustrialLogistics+4 more themes
  • Endeavor Real Estate Group
    Established tierIndustrialLogistics+5 more themes
  • Schafer Richardson
    Established tierIndustrialStandalone Retail+5 more themes
  • IRA Capital
    Established tierNew York City, New YorkIndustrialStandalone Retail+4 more themes
  • HPI Real Estate Services & Investments
    Established tierIndustrialLogistics+5 more themes

Frequently asked questions about Russo Development

What does Russo Development do?
Russo Development is a privately held real estate developer founded in 1969 and based in Northern New Jersey.
Where is Russo Development based?
Russo Development is headquartered in Carlstadt, NJ.
What markets does Russo Development operate in?
Russo Development is active in New York City, New York.
How many employees does Russo Development have?
Russo Development has 51–200 employees.
Russo Development cover image

Russo Development at a glance

Tier
Established
Operator type
Developer, Owner
Headcount
51–200
Units owned
5,000-10,000
Units managed
5,000-10,000
Property mgmt
Self-Managed
Markets
1
Principals
7

Contact Russo Development

570 Commerce Boulevard, Carlstadt, NJ, United States
www.russodevelopment.com