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CHEM. BANK v. W. 95TH ST. DEV. CORP.

161 A.D.2d 218 (1990)

Chemical Bank, Appellant, v. West 95th Street Development Corporation, Respondent, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, First Department.

May 3, 1990

During the 1970's and 1980's Ms. Jeanne Beatty, also known as Jeanne L. Beaty, was the president of The West 95th Street Development Corporation as well as the Parkbay Development Corporation (Parkbay).

In 1977, at the request of Ms. Beatty, Chemical Bank (Chemical) loaned Parkbay $197,000, for the purpose of financing West's acquisition of six brownstones (property) which are located at 51, 115, 125, 133, 138, and 140 West 95th Street, New York County, from the City...

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