Russell C. Albanese is the President of Albanese Organization, Inc., a real estate development, investment and management company based in Garden City, New York. Russell has over 25 years experience in real estate planning, design and development.
For nearly 60 years the Albanese Organization has been dedicated to building better buildings by introducing innovative concepts that enhance quality of life and long-term value. Russell has led the company’s evolution to green development, a natural extension of the company’s approach to quality that continues to be at the heart of all its endeavors.
The Albanese Organization has enhanced the New York City skyline with the development of several residential and commercial towers, including the highly recognizable 100 U.N. Plaza. The company is also active in Garden City with projects spanning a broad range of development from multifamily residential, hospitality and commercial to downtown revitalization, and adaptive reuse, including Long Island’s first green Class A commercial property located at 1001 Franklin Avenue.
The Albanese Organization has won acclaim worldwide for The Solaire, America’s first environmentally responsible residential tower. Located in Manhattan’s Battery Park City, this 27-story building is a symbol of environmental integrity and healthy living.
In 2004, The Solaire received a US Green Building Council LEED® Gold rating and received the AIA/COTE Top Ten Green Projects award. In May 2006, the firm was sponsored by Long Island Power Authority and recognized by the Northeast Energy Efficiency Summit for its business commitment to energy efficiency.
The Verdesian, the firm’s second green hi-rise residential tower located in Battery Park City, received the “2006 Award of Merit (residential), from New York Construction magazine.
The Visionaire, the firm’s latest luxury, green hi-rise condominium, designed for a LEED® Platinum rating and currently under construction in Battery Park City, was recognized among “Top Projects 2006-2007” and “Top Green Buildings in 2007,” by New York Construction magazine and Development, New York Residential magazine, respectively.
Russell is a member of the Urban Land Institute, serving on the Urban Development/Mixed Use Council. He was a founding Board member of the US Green Building Council’s New York Chapter and is actively involved in other industry related organizations. Russell is also Vice Chairman of the Board of the Long Island Museum of Science and Technology.
Russell graduated from Duke University with a bachelor of science in engineering.