Real Estate Weekly
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Residential Retail

Durst signs veteran restaurateur at West 57th superblock site

The Durst Organization announced that the Livanos Restaurant Group has a signed 20-year lease for 7,000 s/f at VIA 57 WEST, the anchor building on the 57 WEST residential block.

The restaurant will be in the south east corner of the building adjacent to the main lobby.

625w57r1
VIA 57 at 625 West 57th Street

VIA 57 West is Bjarke Ingels first commission in the United States and the tetrahedron design includes an interior courtyard and 31-story residential building into a striking new architectural form on New York City’s skyline.

The block also includes The Durst Organization’s Helena 57 West and Frank 57 West. VIA and Frank are both scheduled to open in 2016. Helena, the first voluntary LEED residential tower in New York City, opened in 2005.

“We’re pleased to partner with The Durst Organization on a project that we envision bringing fresh energy to the area,” said proprietor Nick Livanos. “We’re looking forward to joining forces and playing an integral role in the development of the area by offering our signature hospitality and a place for residents and visitors to gather.”

“We are proud that the Livanos family has selected VIA 57 WEST for their new endeavor and look forward to working with Nick and his family on this project,” said Jonathan (Jody) Durst, president of The Durst Organization.

JODY DURST
JODY DURST

“The addition of Livanos further distinguishes 57 WEST and the surrounding area as a premier residential and retail neighborhood.”

Livanos Restaurant Group and The Durst Organization were both represented by Lee & Associates’ managing principal Peter Braus and senior managing director Brad Schwarz.

The Durst Organization was also represented in-house by Senior Vice President of Leasing Tom Bow and Leasing Manager Ashlea Aaron.

VIA 57 West is a 709-unit residential rental building — 567 market rate and 142 affordable — with 44,000 s/f of retail space, a 22,000 s/f courtyard modelled on Central Park, numerous outdoor decks, a gym, swimming pool, basketball court, party rooms, lounges, a library and game rooms.

The legacy of the Livanos family began in 1957 when John Livanos immigrated to the United States from Greece and began his career as a dishwasher, working for his uncle in Manhattan. He purchased his first restaurant three years later, and in 1985 opened the elegant Livanos Restaurant in White Plains, NY.

Today, John Livanos and his children, Nick, Bill, and Corina, own and manage six successful restaurants.

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