What Next? (1400 Hudson Street)

1/12/2010 Update:

[Continuing the second week of the “What’s Next for Hoboken?” series here on Hoboken411…]

I stumbled across this post from over a year and a half ago – and decided to “bump” it as part of the the “what’s next” series. One, because there is still no action on it – and two that I’ve heard that many residents in nearby buildings are still under Toll Bros. administration since they have to wait for the rest of the property to be finished to take over as the condo association. Lastly – I heard that Toll is considering changing these pending new condos into rentals instead.

5/16/2008:

Back in March, I wrote a story about “The Future of North Hoboken.”

Hoboken 1400 Hudson St.

Well it seems as if Toll Brothers is moving forward with the lot behind City Bistro, in front of the Hudson Tea Building. Here’s what we have in store (occupancy expected sometime in 2010.)

PHOTO GALLERY (HOLD MOUSE OVER IMAGE TO NAVIGATE – 7 PHOTOS IN THIS SET)

Building and Residence Features:

  • 13-story multi-level new construction elevator building with 200+ condominiums.
  • Concrete and Steel Construction .
  • 9′ ceilings throughout.
  • Oversize bay windows in many residences.
  • Landscaped community rooftop deck with swimming pool, hot tub, outdoor lounge area, and landscaped lawn.
  • Private rooftop garden cabanas and terraces available with spectacular NYC views.
  • 37,000 SqFt of convenient on-site stores and restaurants.
  • Two story fitness center with yoga room.
  • Exclusive residents’ club.
  • Children’s playroom.
  • 24 hour attended lobby.
  • Free shuttle service to Hoboken PATH.
  • On-site parking available.
  • Private storage units available.
  • W/D in each unit.
  • Luxury gourmet kitchens with European-style cabinetry and granite countertops.
  • KitchenAid stainless steel appliances with gas cooktop.
  • Kohler fixtures in bathrooms.
  • Balconies/Terraces in many residences.

Pricing:

Taxes: Taxes estimated to be assessed at approx 1.3% of the purchase price
Maintenance Fees: Monthly fees have not been determined yet. Average maint fees for buildings like this in Hoboken is approximately $0.55 to $0.60 per SqFt.
Prices: Prices have not been determined yet. Current average pricing for properties in this area of Hoboken is approximately $600 to $800 per SqFt.

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12 Comments on "What Next? (1400 Hudson Street)"


Member
rag246
7 years 3 months ago

Welcome to north Newport!

Member
homeboken
7 years 3 months ago

Any current Hudson Tea residents out there? I would imagine that this new project is not very popular with HTB owners.

It looks like the 70% or so of the South facing units in the original HTB are going to be viewing a construction site for 2 years.

The current view is a sweeping shot of Hoboken, which will be totally obstructed.

Member
7 years 3 months ago

500-600 more people for the cops that hide on 14th Street to ticket as they try to get to work!

Kings profit margins just went up 50%!

Member
hobokenj
7 years 3 months ago

Guess this dispells some of the thoughts that Hoboken real estate is going to the crapper. Not that Toll Brothers hold the magic eight ball but for them to go forward with such a massive project they must have done research and feel they can still rent or sell these units. God they ruined uptown with these giant buildings.

Member
rag246
7 years 3 months ago

[quote comment=”83273″]Guess this dispells some of the thoughts that Hoboken real estate is going to the crapper. Not that Toll Brothers hold the magic eight ball but for them to go forward with such a massive project they must have done research and feel they can still rent or sell these units. God they ruined uptown with these giant buildings.[/quote]

Just as Tool Brothers got caught with their pants down in FL, they will overbuild here and repeat the “how could we have known” shrug when the sales volume dries up.

The Hoboken I moved into is long gone. I miss it already.