Leasing Begins at New Hoboken Residential Tower
Locally-based developer Bijou Properties and partner Intercontinental Real Estate Corp. of Boston, who previously teamed up for the development and successful lease-up of Vine at 900 Monroe Street, recently announced the marketing campaign for 7 Seventy House, which also includes approximately 25,000 square feet of ground floor retail space.
HOBOKEN, NJ—Leasing efforts have been launched at the 14-story, 424-unit 7 Seventy House residential building on the city’s west side.
Locally-based developer Bijou Properties and partner Intercontinental Real Estate Corp. of Boston, who previously teamed up for the development and successful lease-up of Vine at 900 Monroe Street, recently announced the marketing campaign for 7 Seventy House, which also includes approximately 25,000 square feet of ground floor retail space.
Named after its address at 770 Jackson St. and located just steps from the 9th Street Hudson-Bergen Light Rail Station and Hoboken’s Monroe Center for the Arts, the contemporary building features studios, one-, two- and three-bedroom residences. The well-appointed homes are initially priced with rents from the $2,300s, with opening incentives that include one-month free on a 13-month lease. Immediate occupancy is available.
The Marketing Directors, which successfully directed the marketing and leasing program for Vine, is the exclusive marketing and leasing agent for 7 Seventy House. The Manhattan-based firm has launched the new rental program with an onsite leasing center and fully-furnished model residences.
“7 Seventy House offered an opportunity to further elevate Hoboken’s burgeoning west side which has experienced a lifestyle upswing in recent years with a vibrant new mix of retail, dining, parks and public amenities complementing its cultural core at Monroe Center and access to public transportation,” says Larry Bijou, managing partner of Bijou Properties, the developer responsible for signature north end Hoboken properties such as Park + Garden, Garden Street Lofts and Edge Lofts.
“This new offering will add to the unique energy and appeal of the neighborhood by blending a luxury, amenity-rich residential property with a location that will encourage residents to come together and enjoy the surrounding assortment of shops, services and open gathering spaces in the area,” he adds. “These include a brand-new playground, state-of-the-art gymnasium and public plaza, all just steps from their front door.”
Peter Palandjian, chairman and CEO of Intercontinental Real Estate Corp. notes, “Intercontinental’s investment in the ‘Seventy House’ apartment housing development presented a unique opportunity to make excellent risk adjusted returns for our Fund investors while creating hundreds of union labor jobs, and to partner with the City of Hoboken in delivering this vibrant community space. Through our partnership with Bijou Properties and MHS Architects, we have delivered an extraordinary level of comfort and luxury. We cannot wait for the community to see what we have created.”
Designed by MHS Architects, the landmark 7 Seventy House features a 14-story high rise tower with multiple terraced setbacks, a glass and brick exterior and distinctive columned entryway.
The collection of studio, one-, two- and three-bedroom residences feature open floor plans with red oak engineered wood floors and expansive windows that bathe the homes in natural light. Kitchens boast Quartz countertops, white ceramic tile backsplashes, custom cabinetry, and a premium GE stainless-steel appliance package, with in residence Bosch washer and dryers. Luxury baths are outfitted with grey mineral stone tile and Moen & Kohler fixtures. A selection of homes includes private outdoor balconies and terraces up to 800 square feet.
Located on multiple floors totaling approximately 90,000 square feet with views including the Manhattan skyline, the full suite of amenities includes a penthouse pool and roof deck with lounge seating, expansive amenity deck with fire pits and BBQ stations, multiple outdoor gardens, bocce ball court, state-of-the-art multi-level gym, play room, game room, indoor bike storage, on-site dog park, dog grooming room, alcove with co-working lounge and coffee station and a conference room with access to an outdoor deck. Additionally, the community features a 24-hour attended lobby, Hello Alfred concierge service and covered parking.
The building was built in conjunction with a brand new two-acre resiliency park donated to the City by Bijou Properties and Intercontinental Real Estate Corporation at the intersection of 7th and Jackson Streets. The initial installation of the park opened this summer and includes a children’s playground, a one-acre green space designed for active and passive recreation uses, a state-of-the-art 6,835 square-foot community gymnasium, and infrastructure to capture over 450,000 gallons of rainwater. Expected to open in September is the park’s second phase which will include a one-acre public plaza with stepped seating and tilted lawn panel, play sculpture and a large plaza to accommodate vendors and seasonal markets.