Penthouse B, at the renowned Alwyn Court, has 3 things that really matter: the location is probably the most sophisticated, convenient neighborhood in the city: Central Park, Carnegie Hall, the Time Warner Center, Broadway theaters, and Lincoln Center are a stone's throw away. MoMa and 5th Avenue's luxury shops are just a quick stroll; the area is strategically convenient to all subway and bus lines. It is no wonder that the West 57th Street Corridor has become the area of heightened value in which to invest in real estate. 157 W 57th St. has been receiving record high prices, and other ultra-luxury buildings such as Extell's Nordstrom Tower, JDS Development Group's 107 West 57th Street, and Vornado's 220 CPS are turning this area into the most sought-after luxury neighborhood in the world. PHB, with S&W exposures, has a wrap-around terrace, with north-facing open Central Park and city views. One has to feel privileged to have such eye catching vistas; the light is dazzling. There are 11 windows, a skylight in the kitchen, and 3 separate doors leading to the terrace. The current open L-shaped loft-like layout works with the easy access to the terraces, but can also be re-configured back to the original 2-bedroom floor plan. The original casement windows circling the terrace integrate the interior with the exterior. There is central AC; a working wbfp, readily accessible on those cold and cozy winter days and evenings. Alwyn Court, a full-service luxury co-op, is a landmark 1907 building known for its fabulously unique, intricate stone faade, and its trompe l'oeil interior atrium. It is a masterpiece in architecture, and was given star treatment in the Woody Allen film "Hannah and Her Sisters" as well as others. And as an added plus, the famous Petrossian Restaurant and Petrossian Caf is right downstairs and owners get a discount to boot. The co-op is pet-friendly, a 24-hr doorman, live-in super, storage bins and bike room. Pied-a-terre and foreign buyers are permitted.