Former NBA player and coach Phil Jackson lists historic Osborne co-op for $5M

Posted On Mon, September 18, 2017 By

Posted On Mon, September 18, 2017 By In Celebrities, Cool Listings, Midtown West

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.

The Osborne, 205 West 57th Street, Phil Jackson

The Osborne, 205 West 57th Street, Phil Jackson

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 Osborne, 205 West 57th Street, Phil Jackson

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 Osborne, 205 West 57th Street, Phil Jackson

The Osborne, 205 West 57th Street, Phil Jackson

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.

[Listing: 205 West 57th Street, 3B by Nancy H. Tela of Stribling]

[Via Curbed]


Photos courtesy of Stribling

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Neighborhoods : Midtown West



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