Northwestern Mutual Expands New York City Presence

MILWAUKEE, Feb. 17, 2021 /PRNewswire/ — Northwestern Mutual, a financial security company focused on comprehensive financial planning through both insurance and investments, is announcing the opening of two new offices within the New York City area in Harlem and Cedarhurst.

Northwestern Mutual. (PRNewsFoto/Northwestern Mutual)

“This exciting expansion is an opportunity to deliver financial planning solutions to historically underserved communities,” said Tim Gerend, chief distribution officer, Northwestern Mutual. “We’re looking forward to developing deep community relationships in both Harlem and Cedarhurst – providing meaningful financial guidance to clients and offering rewarding career opportunities to current and future advisors.”

Financial Advisor Anthony Williams will oversee the Harlem office, comprised of several financial professionals who grew up in the neighborhood or nearby in the Bronx. The group plans to draw on their understanding of area residents to identify opportunities for financial education and support for businesses owned by Black, Latinx and other historically underrepresented groups. As the team works to grow its presence in the area, they will focus recruiting efforts locally and within Historically Black Colleges and Universities.

Financial Advisor Moshe Alpert will lead the Cedarhurst office in the predominately Orthodox Jewish community of Five Towns Long Island.

Williams and Alpert will work in close partnership with Managing Partner Steve Abbass, who collaborated with Northwestern Mutual’s new Distribution Growth Ventures group to identify the opportunities in Harlem and Cedarhurst. Northwestern Mutual Distribution Growth Ventures is focused on underpenetrated market expansion, competitive recruitment and other innovation within the company’s distribution system.

About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With $290.3 billion in total assets, $29.9 billion in revenues, and $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages more than $161 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 102 on the 2020 FORTUNE 500 and is recognized by FORTUNE® as one of the “World’s Most Admired” life insurance companies in 2021.

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM)(life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries in Milwaukee, WI. Subsidiaries include Northwestern Mutual Investment Services, LLC (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (investment advisory and trust services), a federal savings bank; and Northwestern Long Term Care Insurance Company.

SOURCE Northwestern Mutual

For further information: William Polk, 1-800-323-7033,


Long Island Estate Once Owned by Robin Gibb on the Market for $12.9M

A harmonious waterfront estate located in Lloyd Harbor, NY, once owned by the singer Robin Gibb of the Bee Gees, has come on the market. Totally renovated and never lived in by its current owner, who is moving out of state, the Long Island mansion is now available for $12.9 million.

Gibb died in 2012, but the home has an illustrious history. Designed in 1926 by the architect Bertram G. Goodhue, the residence was built as a wedding gift from Arthur H. Fleming for his daughter, Marjorie. The Flemings were friends of Albert Einstein, who was apparently a frequent guest at the home.

Gibb was only the fourth owner of the house and owned the place in the 1970s and 1980s. He sold the property in 1983, according to the co-listing agent, Bonnie Williamson of Daniel Gale Sotheby’s International Realty.  She and Lauryn Koke, also of Daniel Gale Sotheby’s International Realty, hold the listing.

“It was all contemporary inside,” Williamson recalls, when Gibb lived there, with all-gray interiors. “He liked the privacy and the quiet of it.”

She notes that up one flight of stairs, Gibb chose to place his piano in an open room with a fireplace, on the landing.

“I guess he liked the acoustics there,” she says.

The sonic qualities are not the only thing to like in the house. It’s no longer gray, and has been restored to highlight some of its period features, such as coffered ceilings and mahogany wood paneling, while also adding “up-to-the-minute amenities,” Williamson says.

The updates include the geothermal heating and gas inserts in most of the fireplaces, the new or updated bathrooms, and new electrical and plumbing.

The massive, 16,000-square-foot property last sold in 2011 for $7.78 million, and the current owner has undertaken  a major renovation. Overlooking Oyster Bay, the retreat features seven bedrooms and 10 fireplaces.

Highlights include 500 feet of private beachfront, as well as a deepwater dock, a prized possession in an area that has placed a hold on new dock construction, Williamson says. The seawall has also been recently rebuilt.

You approach the home from a circular drive, and the property features a renovated one-bedroom guest cottage, for staff or visitors. The main entrance features marble floors and a beamed ceiling with a powder room and cloakroom for guests.

Luxe rooms include a wood-paneled library with a hidden bar, a living room, formal dining room, as well as a garden room with exposed brick walls, walls of windows, a hot tub, and gardens. The pool is just outside the French doors.

The new kitchen comes with high-end appliances and looks out to a breakfast room with a wall of windows. A second-floor family room includes another kitchen, as well as two terraces. Bedrooms, including the master suite, make up the second and third floors.

The acreage includes a greenhouse, lawns, trees, a private beach, and private road. Wood stairs and a funicular access the water, and an elevator connects all three levels of the estate.

Williamson notes that the listing has already been shown to celebrities, and that its proportions and privacy could well hit the right note with a high-profile buyer.

“You have the charm of 1920s nostalgia, but you have all the modern amenities,” Williamson says. “The house itself is just a very unique, wonderful home.”

Gibb, with his brothers Barry and Maurice, made up the Bee Gees. With its disco hits like “Stayin’ Alive” and its more than 200 million records sold worldwide, the chart-topping group is one of the most popular pop bands of all time.

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Video provided by Tyler Sands for Daniel Gale Sotheby’s International Realty.

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