Complex sentence: The Hotel Lexington was home to many famous restaurants, nightspots and celebrities, including baseball legend Joe DiMaggio; the latter resided at the hotel between 1957 and 1962, while he was affiliated with the Monette Company.
Split into simpler sentences: The Hotel Lexington was home to many famous restaurants, nightspots and celebrities, including baseball legend Joe DiMaggio. DiMaggio resided at the hotel for a period of years between 1957-1962, while he was affiliated with the Monette Company.