JP Morgan Provides $236M Construction Loan For Condo Project At 255 East 77th Street In Lenox Hill, Manhattan

The property involved in this closed transaction is a condo located at 255 East 77th Street in Lenox Hill, Manhattan. This spacious condo spans a total of 205,383 square feet.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $236,000,000
• Address: 255 East 77th Street
• Market: Lenox Hill, Manhattan
• Lender: Jamie Dimon - JP Morgan
• Landlord: Miki Naftali & David Hochfelder - The Naftali Group
• Brokers: Jordan Roeschlaub, Dustin Stolly & Nick Scribani - Newmark
• Loan Type: Construction

In this deal, the loan for the property was provided by Jamie Dimon from JP Morgan. The landlords of the property, Miki Naftali and David Hochfelder, are from The Naftali Group. Representing the transaction were brokers Jordan Roeschlaub, Dustin Stolly, and Nick Scribani from Newmark. The loan amount for this transaction was $236,000,000, and it was a construction loan.