7 Seventy House, Hoboken, NJ (Photo Credit: Factioned) 7 Seventy House, Hoboken, NJ (PhotoCredit: Factioned)

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HOBOKEN, NJ—The 14-story luxury rental apartment building 7Seventy House, developed by Bijou Properties and IntercontinentalReal Estate Corp., has achieved 50% leased five months after theproperty opened.

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7 Seventy House is a mixed-use project thatwas developed in conjunction with a two-acre resiliency parkdonated by Bijou Properties and Intercontinental Real Estate Corp.to Hoboken. The initial installation of the park will open thissummer and includes a children's playground, a one-acre green spacedesigned for active and passive recreation uses, a state-of-the-art6,835-square-foot community gymnasium and infrastructure to capturemore than 450,000 gallons of rainwater to reduce flooding.

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A second phase is expected to open shortly and will include aone-acre public plaza with step seating and tilted lawn panel, playsculpture and a large plaza to accommodate vendors and seasonalmarkets.

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The project is part of the larger redevelopment of Hoboken'sonce-industrial western edge into a vibrant and activepedestrian-friendly neighborhood.

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The project developers and their marketing firm MarketingDirectors report that 7 Seventy House has successfully drawn a mixof renters from both sides of the Hudson River. Move-ins are wellunderway at the MHS Architects-designed building, which is now hometo more than 150 residents.

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7 Seventy House will offer services that include a 24-hourattended lobby, concierge service and covered parking. There's alsoapproximately 25,000 square feet of ground floor retail space atthe development.

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The property features modern studio, one-, two- andthree-bedroom residences. Monthly rents start in the $2,600s, withlimited-time incentives that include one-month free on a 13-monthlease.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.