Real estate companies introduce latest luxury development in Hoboken (SLIDESHOW)

By Emily Bader
Hoboken | Sep 18, 2019 at 5:00 am

Two real estate companies introduced recently their latest joint venture development located in Hoboken’s west side.

Developer Bijou Properties and partner Intercontinental Real Estate Corp. announced the launch of 7 Seventy House, a collection of 424 luxury residences and 25,000 square feet of ground floor retail.

Named after its address at 770 Jackson St., just steps from the 9th Street Hudson-Bergen Light Rail Station and Hoboken’s Monroe Center for the Arts, the property features studios, one-, two- and three-bedroom rental units. Prices start at $2,300 and include incentives such as one-month free rent on a 13-month lease. Immediate occupancy is available.

Larry Bijou, managing partner at Bijou Properties, said the property will help further elevate Hoboken’s burgeoning West Side.

“Hoboken’s burgeoning west side … 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,” he said. “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.  These include a brand-new playground, state-of-the-art gymnasium and public plaza, all just steps from their front door.”

The high rise, which was designed by MHS Architects, is comprised of 14 stories and 90,000 square feet of indoor and outdoor amenities, including a penthouse pool and rooftop deck with lounge seating; fire pits and BBQ stations; outdoor gardens; bocce ball court; a gym; playroom; game room; bike storage; on-site dog park; dog grooming room; co-working lounge; conference room; concierge service; covered parking; and more.

“Residents and their guests are welcomed by an impressive, grand attended lobby that combines natural elements with an industrial ambiance like polished concrete floors and walls to create an interesting, welcoming and functional arrival space,” Jaqueline Urgo, president of The Marketing Directors, which is the exclusive leasing and marketing agent for the property.

Peter Palandjian, chairman and CEO of Intercontinental Real Estate Corp., said, “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.”

Emily Bader | ebader@roi-nj.com | emilybader