Russo Development’s Vermella East is more than 90% leased

Linda Lindner//April 8, 2021//

Russo Development’s Vermella East is more than 90% leased

Linda Lindner//April 8, 2021//

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Russo Development said April 7 that Vermella East, the Carlstadt-based developer’s residential collection in Kearny, is more than 90% leased.

Residents from the five boroughs, Jersey City and Hoboken still have plenty of room to telecommute from their apartments or the luxury community’s business center, or relax in the game room or the fully equipped, double-height fitness center. Additionally, spring and summer indulgences at its outdoor grilling, dining, lounging and fitness spaces, with a pool and sundeck, are scheduled to be open for use Memorial Day weekend.

Rendering for Vermella East's pool and outdoor lounge. - RUSSO DEVELOPMENT
Rendering for Vermella East’s pool and outdoor lounge. – RUSSO DEVELOPMENT

“As employers embrace the new workforce paradigm towards permanent and semi-permanent remote staffing, renters looking for creative alternative workspaces are attracted to Vermella East’s multiple indoor and outdoor working and gathering spaces throughout its clubhouse and grounds, and the overall lifestyle upgrade they can enjoy at a reasonable price point,” said Adam Pasternack, president of Russo Property Management. “Many of our residents found the community while searching for additional square footage near New York City, and soon realized all the advantages of this new hybrid suburban-urban neighborhood on top of the boutique hotel-style on-site amenities.”

According to Russo Development, Vermella East’s contemporary studio, one- and two-bedroom residences are the largest floorplans in Hudson County and feature gourmet kitchens with energy-efficient appliances complimented by custom cabinets, sleek black hardware, quartz countertops and modern backsplashes. All apartment homes have 9-foot ceilings, ample storage space, in-home washer-dryers, and convenient smart locks. Leasing starts in the mid-$1600s.

Vermella East’s location in Hudson Pointe, a walkable neighborhood, offers nearby retail and dining options and is highlighted by the 7-mile scenic Passaic River Riverwalk.

Russo Property Management’s luxury apartment experience has been available in Kearny since 2015 when Vermella Crossing opened, a 230-unit community with a CVS and Investor’s Bank at Schuyler and Bergen Avenues, followed by Vermella West’s 280 units, also on Passaic Ave., which opened in 2018.

Vermella East is located within walking distance of the Kearny Commons retail corridor featuring BJ’s, Marshalls, LA Fitness, Starbucks and Chipotle, a new urgent care center and more just moments away.