Shortly after taking over as president of the Knicks in 2014, NBA legend Phil Jackson rewarded himself with a gorgeous, historic apartment at The Osborne. But now that he’s left the team (he and the Knicks “mutually parted ways” in June after a disagreement over player Carmelo Anthony‘s status) and lost his $12 million/year contract, he’s decided to also part ways with the Billionaires’ Row residence. Curbed reports that Jackson listed the three-bedroom apartment for $4,950,000, barely above the $4,895,000 that he bought it for.
The landmarked Osborne was built in 1883 as one of New York City’s first luxury apartment buildings. In addition to its Romanesque Revival- and Italian Renaissance Palazzo-style facade, it boasts a Byzantine lobby with architectural details by famed sculptor Augustus St. Gaudens, muralist John La Farge, Tiffany Studios, and French designer Jacob Adolphus Holzer.
Jackson’s 2,600-square-foot apartment was renovated by Ferguson and Shamamian Architects to preserve its original details, including stained glass transoms, hand-carved mahogany paneling and pocket doors, intricately inlaid oak and cherry floors, wood-burning fireplaces, and 14-foot ceilings.
The 33-foot living room is framed on both sides by fireplaces with limestone surrounds and features floor-to-ceiling windows, one of which forms a lovely bay window.
The dining room is directly connected to the custom-designed kitchen. Rounding out the home is a library, master suite with en-suite bathroom, and another bedroom and bathroom.
The lucky new buyer of the apartment will get to count Jessica Chastain as a neighbor. Back in 2015, she bought a $5 million unit in the building, which formerly belonged to famed composer and conductor Leonard Bernstein and underwent a very similar renovation.
- New Knicks President Phil Jackson Buys $5 Million Apartment at the Osborne
- Jessica Chastain Snags a Gorgeous Osborne Co-op Once Owned by Leonard Bernstein
- Knicks’ new star player Joakim Noah buys a $6M Chelsea penthouse with huge terrace
Photos courtesy of Stribling
Neighborhoods : Midtown West