French had wanted to rent out apartments for $500 per year, but the development had attracted high amounts of interest. As early as March 1927, the French Company had rented out 44 apartments in the first two towers; by that June, the company was receiving 250 applications per week from potential residents. The Manor and Prospect Tower opened on September 30, 1927, followed by the Cloister soon afterward. When the first two buildings opened, apartments in Prospect Tower without housekeeping services were already being rented for $800 to $2,050, and units with housekeeping were being rented at higher prices. By November 1927, ninety percent of the apartments in the Manor and Prospect Tower had been rented, a figure that had increased to 99 percent by May 1928. The remaining towers in the complex, similarly, were nearly fully occupied soon after they were completed.
