Phil Jackson won’t have far to go to work when the Knicks begin the season. The first-year team president has reportedly purchased a 2,600-square-foot co-op at the Osborne, a brownstone on West 57th Street, for $4.85 million (Los Angeles Times, Aug. 14).
The apartment — 11 minutes by subway from Madison Square Garden — has a wood-paneled library, 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, of course, is no stranger to the city. He played for the Knicks in the 1970s, when he was known for an eclectic lifestyle. Jackson, who won 11 NBA titles as a coach with the Bulls and Lakers, signed a 5-year, $60 million contract when he became the Knicks president in March.
The purchase was first reported by 6sqft. The property was listed in February for $4.995 million. Amanda S. Brainerd at Brown Harris Stevens was the listing agent.Besides the Manhattan apartment, Jackson owns a beachfront home in Playa del Rey, Calif., and a house on Flathead Lake in Montana.
Keith Schlosser, Lead WriterThis is somewhat of an interesting development, simply because there’s been much talk of Jackson spending more time in Los Angeles to be closer to his family. How often he remains in the Big Apple (perhaps still) remains to be seen.
It’s important for the man with the plan to be around the team as much as he can. In addition to simply watching the team play, it’s crucial that Jackson takes part in practices, has a presence in the locker room, etc. During this time of transition for the Knicks, it’s crucial that he gets a feel for the team while beginning to learn what works and what doesn’t.
Hopefully this new home will keep Jackson in New York more often than not.