Phil Jackson buys $4.85 million apartment in midtown New York

Phil Jackson was paid a pretty penny when he took the position of President of Basketball of Operations for the New York Knicks  $60-million to be exact. How does one live with such a payday? Check out these images of Phil Jacksons new midtown apartment in NYC. The 2,600 square feet home , 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

Peep some of the pics after the jump and aspire to be this great one day..