Janet Giaimo Vitale borrows $29M from Apple Bank for Savings for multifamily property in Lenox Hill

Janet Giaimo Vitale through the entity 155 East 99, LLC as borrower signed a loan agreement with lender Apple Bank For Savings valued at $29.3 million for 10 parcels, including the tax class multifamily, more than six families with stores (C7) and containing 199 residential units at 341 East 76th Street, 278 Mott Street, 155 East 99th Street, 157 East 99th Street, 159 East 99th Street, and others in Lenox Hill. The deal closed on January 30, 2020 and was recorded on February 11, 2020.
The property has 126,086 square feet of available development rights.
The average loan per unit is $147,417.

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