Wonder Lofts

Hoboken, NJ

Prism Capital Partners and Angelo, Gordon & Co. are heading the industrial-to-residential conversion of the former Wonder Bread factory on Clinton Street in Hoboken. The c. 1909 bakery building and surrounding site ultimately will include 83 for-sale and six rental multifamily units in three buildings.

The property, designed by Minervini Vandermark, will feature preserved, architecturally significant detail. The conversion of the existing seven-story buildings will introduce 68 luxury condominium units. The two- to five-bedroom loft-style homes will range in size from 1,200 to 2,700 square feet. All will feature private direct-access terraces or rooftop terraces with water electric and gas hookups.

Wonder Lofts residents will benefit from 10,000 square feet of indoor and outdoor amenity space including a fitness center, pool, meeting and media rooms, lounges, kitchens and entertainment areas. The community also will feature 2,300 square feet of street-level retail fronting on Clinton Street and ample on-site garage parking, and provide easy access to mass transit.

The second building will be built on the corner of 8th and Clinton streets. That five-story structure will include 15 additional condo units.  A third building, also located on Clinton Street, will include six affordable rental apartments on five stories.

As operating partner, Prism Capital Partners is overseeing the $120 million Wonder Lofts project.

*The purpose of the advertising is to solicit nonbinding reservations. A  nonbinding reservation is not a contract and may be cancelled by the prospective purchaser at any time, without cause. Any money paid to the developer shall be refunded to the prospective purchaser upon request and cancellation of the nonbinding reservation.