The development team for Hoboken’s Wonder Lofts recently opened a new on-site sales office and model units at the collection of 83 upscale condominiums. — Courtesy: Prism Capital Partners
By Joshua Burd
The team behind the newly restored Wonder Lofts property in Hoboken has officially opened the collection of upscale condominiums with its debut of an on-site sales office.
Located at 720 Clinton St., the site is home to 83 for-sale units at what was the city’s historic Wonder Bread factory. Prism Capital Partners in recent years has spearheaded the conversion of the property and is now touting the opening of the sales gallery, along with model two- and three-bedroom homes styled by a team with Serena & Lily.
Wonder Lofts, which has sold more than 70 percent of its inventory, has also marked the start of closings and is now welcoming its first residents, according to a news release.
“From the inception of the development, we saw this historically important property had the beauty, size, structural strength and uniqueness to create a one-of-a-kind boutique community that could offer residents the best of Hoboken’s charm and location combined with the amenities of a Manhattan luxury building and living spaces typically only available in a suburban home,” said Robert Fourniadis, Prism’s senior vice president for residential. “We were able to make each individual home unique, which rarely happens in new construction condominium buildings, and made sure that each home had its own private outdoor living space, large enough to entertain family and friends. We’re delighted to now see that vision become a reality.”
Prism has converted and restored the historic property in partnership with Parkwood Development and Angelo Gordon. The firm said Wonder Lofts has attracted buyers from Manhattan, Brooklyn and New Jersey, thanks in part to its large homes, historic architecture and interior and outdoor spaces more commonly found in townhomes and brownstones.
Residents will also have access to amenities such as a rooftop with panoramic views of the Manhattan skyline, an infinity-edge swimming pool with lounge chairs and a circular outdoor bar underneath the restored water tower, among others. Indoors, the property features a second-floor lounge, a children’s playroom and a full gym and yoga studio.
Remaining homes at Wonder Lofts are priced from just under $1.6 million for two-bedroom homes, nearly $1.9 million for three-bedroom homes and about $2.25 million for four-bedroom homes. The community also includes a newly constructed five-story building across the street from the main building, which is home to 15 of the units, several of which include private yards.
Additionally, the development team noted that every home includes a parking space in the secured garage, while the property boasts a location just west of downtown Hoboken, mass transit access and a host of park and recreation spaces.