Toll Brothers City Living’s 1400 Hudson Street Surpasses 50% Sold

9/7/16

Fourth Building in Hoboken’s Popular Hudson Tea Community Experiencing Strong Demand In First Few Months of Sales

Toll Brothers City Living®, the urban development division of Toll Brothers, Inc.,(NYSE:TOL), the nation’s leading builder of luxury homes, is proud to announce that 1400 Hudson Street, the new 12-story Dewitt Tishman-designed building in Hoboken, N.J., has exceeded the 50% sold mark. The milestone was achieved in just the first few months of sales, with the building’s sales gallery opening earlier this spring.

“The strong response we are receiving at 1400 Hudson Street is very exciting,” said Henry L. Waller, Vice President for Toll Brothers City Living. “We are always thrilled when new buyers discover Hoboken, but we are sincerely thankful for the number of repeat and up-sizing buyers from other Toll properties in Hoboken. Those buyers truly recognize the value of the neighborhood, because of both the convenient location only a few minutes commute from Manhattan and the lifestyle amenities available nearby. They also have a lot of confidence that 1400 Hudson, with its modern, high-end finishes and tremendous lifestyle, will be a desirable place to call home.”

Consisting of 236 residences, 1400 Hudson Street offers studios to three-bedroom condominiums, all featuring open floor plans and wide plank oak flooring throughout. Modern kitchens offer quartz stone countertops, custom wood cabinets, as well as Bosch and Thermador appliances. Baths include custom vanities, large glass showers, Kohler fixtures and rich porcelain floors. Select homes offer private terraces.

The building’s interior design, conceived by interior designer Andres Escobar of Escobar Design by Lemay, was inspired by the Lipton Tea factory in Hoboken and the area’s historically industrial past. The design concept focuses around a luxury aesthetic that references the area’s heritage. This concept echoes throughout the amenities through the use of materials complementary to its modern detailing including polished concrete, rolled metals, wired glass and rich fabrics.

Residents have access to a wide-range of amenities, including a residents’ lounge, billiard room, 24-hour attended lobby, fitness center, children’s playroom, dog wash room, and on-site parking. Perfectly suited for outdoor entertaining, other amenities include a beautiful landscaped courtyard, rain garden, rooftop pool and two rooftop terraces, perfect for taking in sweeping views of the Manhattan skyline. Bicycle storage and private storage are also available.

Situated one block from the waterfront, 1400 Hudson Street is located within walking distance of the many boutiques, restaurants, lounges, and the Farmers’ Market frequented in Hoboken’s north end. Just minutes from Manhattan, the building is closely located to the NY Waterway ferry. Residents will enjoy complimentary shuttle service to the nearby PATH and NJ Transit stations and the downtown ferry terminal, allowing for convenient and speedy commutes to the city. Residents also have access to over 14 acres of popular waterfront parks.

Toll Brothers City Living has a long track record of development in the area. After acquiring the Hudson Tea Buildings in 2003 and converting them to luxury condominiums, Toll Brothers City Living has since built three new condo projects, Harborside Lofts, 1450 Washington, and 1100 Maxwell Place, as well as a public waterfront park. In addition to 1400 Hudson Street, Toll Brothers is planning one additional condominium project for the Hudson Tea community.

Sales and marketing for 1400 Hudson Street are being handled by Toll Brothers City Living. Prices begin in the mid-$600’s and go through $2M. The building is expected to welcome its first residents into their new homes in early 2017. The sales gallery is located at 1450 Washington Street, Hoboken, NJ 07030. For more information visit 1400hudson.com.

About Toll Brothers City Living:

Toll Brothers City Living® is the urban development division of Toll Brothers, Inc., the nation’s leading builder of luxury homes. Toll Brothers City Living brings the same quality, value, and service that luxury home buyers throughout the country have become familiar with, to some of the most dynamic urban markets in the country including New York City; Hoboken and Jersey City, New Jersey; Philadelphia, Pennsylvania; and the Greater Washington, D.C. metro area. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company now sponsors the Toll Brothers - Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world.To learn more about Toll Brothers City Living and its properties, visit TollBrothersCityLiving.com

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