Phil Jackson buys $4.85 million apartment in midtown New York

"The legendary Lakers and Bulls coach turned NBA executive recently paid $4.85 million for a co-op at the Osborne, a historic brownstone building on West 57th Street. The Gilded Age residence, built in 1883, was renovated by Ferguson and Shamamian Architects, who preserved original features including inlaid oak and cherry flooring, hand-carved pocket doors and bay windows with period stained glass insets."

"The 2,600 square feet of living space features a stately wood-paneled library, wood-burning fireplaces clad in limestone, a dining room, a gallery, a living room, an updated kitchen, three bedrooms and three bathrooms. The master suite has a large closet and a bath with dual sinks."

"Jackson, 68, won 11 NBA titles as a head coach, including five championships with the Los Angeles Lakers from 2000-2010. In March, he signed a five-year, $60-million contract with the Knicks to be team president."

Phil Jackson, the legendary coach who won 11 NBA titles including five championships with the Lakers, recently acquired a co-op apartment in Manhattan's historic Osborne building for $4.85 million. The 2,600 square-foot residence, built in 1883 and renovated by Ferguson and Shamamian Architects, features preserved original elements such as inlaid oak and cherry flooring, hand-carved pocket doors, and period stained glass. The apartment includes a wood-paneled library, fireplaces with limestone surrounds, three bedrooms, three bathrooms, and a master suite with dual sinks. Jackson signed a five-year, $60-million contract with the Knicks as team president in March. He also owns properties in Playa del Rey and on Flathead Lake in Montana.

Read at Los Angeles Times