Construction progressing rapidly at Prism’s Wonder Lofts in Hoboken

HOBOKEN, NJ — Construction is progressing rapidly at Wonder Lofts – Prism Capital Partners’ industrial-to-residential transformation of the former Wonder Bread factory on Clinton St. in Hoboken. The Nutley-based adaptive reuse specialist partnered with Angelo, Gordon & Co. and Parkwood Development Corp. to transform the c. 1909 bakery building and surrounding site; Wonder Lofts ultimately will include 83 for-sale and six rental multifamily units in three buildings. As operating partner, Prism is overseeing the construction of Wonder Lofts. 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 s/f. All will feature private direct-access terraces or rooftop terraces with water, electric and gas hookups.

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