Category — Midtown North
Alwyn Court is a cooperative apartment building with a rich architectural history.
The ground floor is also home to the award-winning Petrossian Restaurant where those looking to enjoy the finest caviar, smoked fish, vodka, and other Russian delicacies can spend spend a small fortune on these delicacies.
Who owns co-op apartments in the building? “People with money,” according to Dan Danelli, a Senior Vice President at Halstead Property.
According to public records in New York City, shareholders include Wellington Denahan-Norris (inset, right), Vice Chairman, Chief Investment Officer & Chief Operating Officer at Annaly Capital Management. Her firm is a leader in mortgage-backed securities, those persnickity little investments investments that have caught the attention of congress and scrutiny of federal judges as the rate of home foreclosures soars across the country. How much did Denahan-Norris pay for her penthouse apartment in the Alwyn court? $1.3 million in April 2007.
Forbes reports that Denahan-Norris’ 2006 cash compensation at Annaly Capital was more than $6 million. Like the broker said, “people with money” live at the Alwyn Court coop.
March 3, 2008 1 Comment