{"id":223788,"date":"2025-09-13T14:40:14","date_gmt":"2025-09-13T14:40:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/223788\/"},"modified":"2025-09-13T14:40:14","modified_gmt":"2025-09-13T14:40:14","slug":"hoboken-345-unit-luxury-apartment-building-breaks-ground-with-162m-loan","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/223788\/","title":{"rendered":"Hoboken 345-unit luxury apartment building breaks ground with $162M loan"},"content":{"rendered":"<p class=\"article__paragraph article__paragraph--left\" id=\"MOB7PXJEMRGYDP673HSBHD4FAU\"><a href=\"https:\/\/www.urby.com\/location\/hoboken\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.urby.com\/location\/hoboken\">Hoboken Urby<\/a>, a new 16-story, pet-friendly luxury residential development, is underway in Hoboken and scheduled to open in summer 2027.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"2YMY2DLE4RGUJIH4BYTAXTUSFQ\">Commercial real estate financing firm <a href=\"https:\/\/pccpllc.com\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/pccpllc.com\/\">PCCP <\/a> has closed a $162 million construction loan for the planned 345-unit building.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"D6CMYT322JD33GFAT3MEKNTBD4\">Mark DeLillo of <a href=\"https:\/\/bluegatepartners.com\/about\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/bluegatepartners.com\/about\/\">BlueGate Partners<\/a> arranged the financing, according to a <a href=\"https:\/\/bluegatepartners.com\/our_news\/hoboken-urby-2025-08\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/bluegatepartners.com\/our_news\/hoboken-urby-2025-08\/\">statement<\/a> issued this month. <\/p>\n<p><img fetchpriority=\"low\" loading=\"lazy\" alt=\"Hoboken Urby\" decoding=\"async\" class=\"hero-image\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/N5NMIM7DQVA4XMDWVASXZATARE.jpg\" \/>Located at 256 Observer Highway, Hoboken Urby will offer future residents walkable urban living surrounded by local shops, restaurants, cafes, parks, and the vibrant waterfront. The site is also near the Hoboken Terminal, with PATH, NJ Transit trains and buses, and NY Waterway ferries providing direct connections to Manhattan and the surrounding region.Urby<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"EREE5NV2ERDXBCRBP5S46MNODY\">Hoboken Urby plans call for over 17,000 square feet of retail space and extensive amenities, according to a statement released after Urby\u2019s groundbreaking.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"PQGJY4QLNZC7PBJX23XOUP4NJ4\">The outdoor space will include bamboo, a cold plunge pool, sun beds, grill stations and a fire pit pavilion.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"GCVMD7DT7FFQTKCIAISH7NLS2Y\">A rooftop dog run will also be available for pet owners.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"7JXTKADXCRBF3HEHF2XSF3RGRU\">Located at 256 Observer Highway, the development is near Hoboken Terminal, offering residents access to PATH trains, NJ Transit, and NY Waterway ferries for connections to Manhattan and surrounding areas.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"IR2FOH5KFZERROKRJLFVF7FUS4\">The property will feature a fourth-floor courtyard designed by <a href=\"https:\/\/www.gsd.harvard.edu\/person\/bas-smets\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.gsd.harvard.edu\/person\/bas-smets\/\">Bas Smets<\/a>, the landscape architect known for his work on Notre Dame Cathedral in Paris.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"2Z5KNF5T6FCVPMABO2JBJ4T4S4\">Shawn Hausman Design, known for The Standard Hotels, will design the interiors of the studio, one-, two-, and three-bedroom apartments.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"GS6F2JH3JNH5NJAVKV5VXBXAMA\">Units will feature oversized windows with views of Manhattan and Jersey City, dimmable lighting, and keyless entry.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"ZRMWAYMGDBG75DBZ6QR5QPUA5M\">Select apartments will include private terraces.<\/p>\n<p class=\"article__paragraph article__paragraph--left\" id=\"GCEFHIJGSNFWDAFXEBQ3CJSC6U\">Generative AI was used to produce an initial draft of this story, which was reviewed and edited by NJ Advance Media staff.<\/p>\n<p>If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/user-agreement.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">User Agreement<\/a> and agree that your clicks, interactions, and personal information may be collected, recorded, and\/or stored by us and social media and other third-party partners in accordance with our <a href=\"https:\/\/www.advancelocal.com\/advancelocalUserAgreement\/privacy-policy.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Privacy Policy.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Hoboken Urby, a new 16-story, pet-friendly luxury residential development, is underway in Hoboken and scheduled to open in&hellip;\n","protected":false},"author":3,"featured_media":223789,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,405,403,5226,5225,5228,5227,67,586,132,5230,68,2969],"class_list":{"0":"post-223788","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-new-york","10":"tag-new-york-city","11":"tag-newyork","12":"tag-newyorkcity","13":"tag-ny","14":"tag-nyc","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115197511427460273","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/223788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=223788"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/223788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/223789"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=223788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=223788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=223788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}