# VIA 57WEST in New York starts renting apartments

**Published by:** [Brandon Donnelly](https://brandondonnelly.com/)
**Published on:** 2016-03-06
**Categories:** apartment-rents, architect-this-city, architecture, athiscity, bjarke-ingels, cities, durst-organization, for-lease, for-rent, manhattan, market, new-york, new-york-city, rental-apartment, rental-market, renting, rents, starchitecture, the-durst-organization, uncategorized, west-57th, west-57th-street, west-side
**URL:** https://brandondonnelly.com/via-57west-in-new-york-starts-renting-apartments

## Content

Bjarke Ingels’ West 57th Street project in New York (developed by The Durst Organization) has just started renting apartments (March 1). Since I’m in the rental business, I thought it would be worthwhile to take a look at the rents – though I tend to obsess over all buildings and not just rental ones. Firstly, the project has a total of 709 apartments and 178 different unit types because of the architectural variations in the building. Of these units, 142 of them (20%) have been designated as affordable and were offered up via a lottery to people who fall within certain incomes ranges. Here are the affordable rents via 6sqft.com:I don’t know the exact numbers, but Curbed New York speculated – based on what was seen at other buildings on the west side – that the total number of applicants for these 142 units may have reached over 100,000! For the market-rate units, the average monthly rents are as follows (via Curbed NY):Studio: $2,770 One-bedroom: $3,880 Two-bedroom: $6,500 Three-bedroom: $11,000 Four-bedroom: $16,500 I wasn’t able to find average unit sizes (to calculate per square foot rents), but I estimate the overall average unit size to be around 1,000 square feet. 940,000 sf (total gross floor area) - 45,000 sf of retail x 0.80 efficiency (lower than average because of the shape of the building) / 709 units = approximately 1,000 sf of rentable area per unit. That’s just my rough guess based on what I could find online. Based on the Curbed comment section though, there are certainly some smaller units:If anyone has any additional figures, please share them in the comments below. I think there are a few subscribers to this blog who are involved in the project. Image from via57west.com

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