2016-08-02

Every now & then, JC FYI likes to dabble in good real estate news from Hudson County. This is just one of those times ….

A demographic hungry for upscale apartments with plenty of space, along with open and functional floorplans, is filling their appetite at Vine in Hoboken.  Vine, located on the western edge of this Hudson County City, consists of 135 residences.

With more than 1,300 square-feet and two full bathrooms, the three-bedroom rentals at the amenity-rich building are proving to be the perfect fit for roommates who have been seeking a new level of luxury in the vibrant mile-square City.   The homes – which boast a walk-in closet, in home washer and dryer, open kitchens, traditional living/dining area and expansive bedrooms – offer a design that not only provides comfortable shared living space, but also allows for a considerable privacy.

Complementing the three-bedroom homes at Vine, one of the newest rental buildings to be introduced in Hoboken, is an amenity-package that appeals to the active professional lifestyle.  Found throughout the 11-story building are a pool and outdoor deck with individual barbeque stations, separate outdoor lounge areas, poolside sunbeds and lush landscaping, clubroom and fitness center, bike storage and free shuttle service to the nearby Hoboken PATH station.

“Single-professionals still represent the largest demographic in Hoboken and, up to now, those with roommates have been choosing from apartments in generation-old brownstones and walk-ups or older rental buildings,” says Jacqueline Urgo, President of The Marketing Directors,  exclusive marketing and leasing agent at Vine. “Vine has brought a brand new alternative with an inventory of spacious three-bedroom homes in a signature neighborhood.”

Net effective monthly rents for the three-bedroom homes at Vine begin from $ 4,495.

Developed by Bijou Properties and Intercontinental Real Estate Corporation, Vine has quickly surpassed the mark of 70% leased.  In addition to the three-bedroom homes, a mix of one- and two-bedroom apartments are also available at the building, priced from $3,115 (net effective rent).  Residences are available for immediate occupancy.

Homes at Vine boast a number of designer and energy-efficient features, including sustainable bamboo flooring, oversized windows, kitchens and baths with modern fixtures, Frigidaire and Bosch Energy Star appliances, granite countertops and modern cabinetry. Lavish baths with porcelain tile are also a staple at Vine.

Conveniently located at 900 Monroe Street, steps from the 9th Street Light Rail Station, Vine

blends an upscale living experience with the convenience of quick access throughout New Jersey’s Hudson River “Gold Coast,” including Hoboken’s PATH, New Jersey Transit and Ferry terminals with service to Manhattan.

Vine features 13,500 square feet of street-level retail space, occupied in part by a Daycare Center.  There’s also an onsite automated parking facility.  A 7,000 square-foot public park adjacent to the building built by the developers is also available to residents.

Vine has been built in accordance with the U.S. Green Building Council’s (USGBC) standards for LEED ® certification.  Vine will be the fourth LEED-certified building introduced by Bijou Properties in the City.

For additional information on Vine, please visit http://www.vinehoboken.com or call 201-386-VINE (8463). The Marketing Directors’ onsite Leasing Office is located at 900 Monroe Street, Hoboken, NJ 07030.

About Intercontinental Real Estate Corporation

Intercontinental Real Estate Corporation is an SEC Registered Investment Adviser with decades long experience in real estate investment, finance, development, construction management and asset management. Since 1959, Intercontinental has managed, developed, or owned over $10 billion in real estate property. Today, Intercontinental manages a portfolio in excess of $4 billion for its clients. The Intercontinental portfolio is diversified both by robust property mix and by geography. Fund strategies actively seek opportunities to invest in both Core and Core-Plus properties, as well as in Value-Add operating properties and development projects.

About Bijou Properties

Founded in 1999 in Hoboken NJ, Bijou Properties designs, develops & manages the highest quality sustainable buildings and has become a recognized leader in the field of green development along the Hudson Waterfront.  Recent projects include Park + Garden, Garden Street Lofts (NJ’s First LEED Gold Residential Highrise), The Hostess Factory, a 42,000 square-foot retail restoration including a 20,000 square-foot Green Roof; and Edge Lofts, a Midrise residential project at 1405 Clinton Street which is a candidate to receive the first NJ LEED Residential for Homes Platinum designation.  Beyond its individual properties, Bijou Properties is focused on creating better neighborhoods and healthier environments for the community at large.  More information can be found on the company website: www.bijouproperties.com.

About The Marketing Directors

The Marketing Directors is a development advisory and master property marketing and sales force that works exclusively on behalf of owners and builders of new homes. Headquartered in New York, with offices and sales teams active around North America, The Marketing Directors is known for its success in selling and leasing homes at prices that help its clients achieve their goals for each development. In its 30+ year history, The Marketing Directors has helped its clients successfully sell-out more than 1,000 new developments across the country – more than any other marketing firm. It is headed by founder Adrienne Albert and Jacqueline Urgo.

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