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The Hampshire Companies Unveils Hackensack’s Newest Residential Building

Ora brings 270 apartments and nearly 9,000 square feet of retail space to Main Street
Hackensack, N.J.

Executives from The Hampshire Companies were joined by their project partners including Russo Development, a northern New Jersey-based developer; Riverbank Management LLC, a professional services firm based in Hackensack, N.J.; and Hackensack Mayor John Labrosse and Deputy Mayor Kathleen Canestrino, to celebrate the ribbon cutting for Ora, a mixed-use community with new studio, one and two bedroom residences located at 321 Main Street.

Standing seven stories tall at the intersection of Main and Berry Streets in downtown Hackensack, Ora is the city’s newest residential offering with grand opening incentives that include 1 month free. Ora is managed by Russo Property Management, a subsidiary of Russo Development, ensuring top-tier on-site service.   

Ora  

Designed by MVMK Architecture, each apartment is thoughtfully crafted to suit the needs of today’s residents, featuring 10-foot ceilings, oversized windows, in-home washer and dryer, luxury plank flooring and private terraces in select homes. The kitchen boasts stainless steel appliances and quartz countertops, while the bathroom is accented by porcelain tiled floors and full-height ceramic tiled walls.

Beyond their apartments, residents can enjoy a curated collection of amenities including a rooftop club room with a wet bar and billiards, leading out to an expansive terrace with fire pits, lounge seating, and views of the New York City skyline. First-floor outdoor courtyards offer a serene escape with BBQ grills and dining areas. Additional amenities include a fitness center, ample co-working spaces, private conference rooms, and a pet spa. For added convenience, Ora offers concierge services, package lockers, and on-site garage parking with electric charging stations.

Ora’s downtown location affords convenient access to a growing array of entertainment, shopping, and dining options. Plus, the community's nearly 9,000 square feet of ground-level retail space is an opportunity for additional shopping and dining experiences right at residents’ doorsteps. 

Ora Ribbon Cutting  

“More than 100 years ago, our family’s real estate journey began just blocks from here in Hackensack,” said James E. Hanson II, President & CEO of The Hampshire Companies. “With the opening of Ora, we are proud to build on our century-long commitment to Hackensack and look forward to welcoming residents to experience all that makes this city so special.” 

Ora represents the latest success story for The Hampshire Companies who began to focus on development within federal Opportunity Zones in 2018. Just two blocks away, Crossroads 389—a mixed-use building with 82 homes—marked the first completed project in 2021. Along Hackensack's waterfront, The Hampshire Companies and Russo Development are nearing completion on The Print House, a 696-unit mixed-use community at 150 River Street, which stands as the largest property to date. Beyond Hackensack, The Hampshire Companies expanded its impact with the 2020 completion of a 100,000-square-foot CubeSmart self-storage facility in New London, Conn.

The Marketing Directors are the marketing and exclusive leasing agents for Ora and New World Group serves as its creative agency. To learn more about Ora, please visit https://www.orahackensack.com/ or call 973.963.2063.       
 


About Russo Development

Russo Development is one of the most active, privately held developers of industrial, data center, residential, and mixed-use projects in northern New Jersey. Russo has earned a reputation for well-planned developments that are distinguished by their emphasis on detail and quality. Over their 50-year plus history, Russo has completed more than sixty (60) industrial projects and has become one of the largest owners of data center space and delivered over 5,400 luxury apartments in the New York metropolitan area. The firm’s short-term development pipeline includes over 3,500 residential units and 5 million square feet of industrial space, two of the hottest sectors in the New Jersey market. To learn more about Russo Development, please visit https://www.russodevelopment.com/.

About The Hampshire Companies         
The Hampshire Companies is a full-service, private real estate investment firm based in Morristown, New Jersey.  The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments.  Additional information on the Hampshire Companies is available online at www.hampshirere.com.

To stay connected with The Hampshire Companies and for updates on the latest transactions and news follow Hampshire on Facebook, Twitter, and LinkedIn.

Media Contact:               
Dan Johnson                    
R&J Strategic Communications               
908-304-4113               
djohnson@randjsc.com