Fashion Designer Phillip Lim Sends His Manhattan Loft Down the Runway at $8.5 Million

On the heels of his big return to New York Fashion Week, Phillip Lim is exiting his longtime Manhattan home.

The designer, who co-founded his eponymous fashion label 3.1 Phillip Lim in 2005, has hoisted his Soho co-op onto the market for a cool $8.5 million, The Wall Street Journal first reported. Of course, if you’re looking for something a little less permanent, Lim’s loft can also be rented for $45,000 per month.

Nestled within a historic cast-iron building, the sprawling abode is an amalgamation of two apartments. In 2007, when he made the move from California, the designer snapped up the first unit for $2.2 million. A few years later, in 2011, he nabbed the apartment next door for $1.8 million and initially used the extra space as a design studio. Per the WSJ, he later shelled out an additional $3 million to combine the two units into a single 3,500-square-foot spread. 

Accessed via a private keyed elevator, the home comprises two bedrooms and two and a half baths. There’s a small private terrace off the living room, and, unsurprisingly, there are tons of stylish touches throughout, including white-oak herringbone floors. There’s a hidden wet bar in the dining room, and in the living room, a swing dangles from the ceiling in front of floor-to-ceiling custom bookshelves.

Lim designed and installed a statement-making black marble sculpture as a divider between a sitting area and a dining room. And the best part is that the massive sculpture is baked into the asking price. Lim told the newspaper that all the furniture inside is also up for grabs, though for an extra fee. 

The designer and cookbook author is currently looking for another place in the city that he can revamp. In the meantime, he has a home on the bucolic North Fork of Long Island.  

Esteban Gomez of Compass has the listing.

Click here to see all the photos of Phillip Lim’s apartment.

Source: Luxury - robbreport.com