Russo Development's Vermella East is open for leasing
Kearny, NJ — The first of more than 40 residents have begun moving into Vermella East, Russo Development’s latest luxury rental apartment community, located in Kearny’s newly-established Hudson Pointe residential and retail district. Vermella East’s location in Hudson Pointe, a walkable neighborhood offering well -known retail and dining options and highlighted by the seven-mile scenic Passaic River Walkway, makes the simple act of coming home truly feel like arriving at a destination. The club room, the nexus of the community’s amenity offerings, sets the tone in what the developer is calling a sophisticated industrial aesthetic, enchanting residents and visitors with a boutique hotel vibe tastefully adorned with elements to respect its history as the site of a former factory. Vermella East is already 20 percent leased just weeks after the leasing office officially moved on-site, indicating that its opening rental pace could even surpass that of Russo Development’s other two communities in Kearny. Vermella West’s 280 units, also on Passaic Ave., and Vermella Crossing, a 230-unit community with a CVS and Investor’s Bank at Schuyler and Bergen Avenues, have both been consistently at a 98 percent occupancy rate since opening in 2018 and 2015 respectively.