Lighthouse Enterprises LLC, a Westchester developer of apartment buildings, has sold Apuovia, a 30-unit rental residence at 68 Lake St. in White Plains, for $11.5 million to a Bronx-based company, 331 Central Ave. LLC.
Developer David Mann, who six years ago founded Lighthouse Enterprises in White Plains, built Apuovia, a modular construction, and opened it in 2013 on the former site of Mazur Brothers Furniture Store. Mann in 2012 paid $700,000 for the razed Lake Street parcel, whose owners were embroiled in a legal dispute with New York state over the state’s taking of Mazur Brothers properties during the Interstate 287 construction project.
This page is available to subscribers. Click here to sign in or get access.