Written by 3:53 pm Wealth Building Views: [tptn_views]

Fashion designer Phillip Lim parts ways together with his nearly 20-year Soho loft

Fashion designer Phillip Lim’s latest Fall 2024 collection was a well-received love letter to New York, embodying among the hopes, dreams, excitement and lifestyle of those that are born here or drawn here from all over the world.

Now, the acclaimed designer has something else to rejoice — even though it could also be bittersweet. Lim’s classic Soho loft just sold for $8 million, in accordance with property records. The apartment takes up a full floor of a classic cast-iron constructing at 19 Greene St. It first hit the market last 12 months for $8.5 million.

Phillip Lim. Getty Images for NYFW: The Shows
The fourth-floor loft is 3,500 square feet. Francisco Rosario of DDReps
A contemporary dining area. Francisco Rosario of DDReps
The open kitchen. Francisco Rosario of DDReps

Lim will remain in New York, says his listing broker Esteban Gomez of Compass. “He will keep a footprint here and he has an exquisite house on the North Fork that he loves. But he’s been here [in this apartment] for 17 years. There is an arc to the time that you just spend in a single place as you grow and alter.”

Lim, 50, was born in Thailand to Cambodian parents fleeing genocide of their home country; he grew up in Southern California before moving to New York. He considers his designs to be a “New York brand,” in accordance with interviews. Lim’s latest fashion collection was comprised of 4 themes: live, work, love and play — they usually are all here, and interchangeable within the apartment, which was also available on the market as a $45,000-a-month rental.

One of two bedrooms contained in the home. Francisco Rosario of DDReps
The buyer can atone for somewhat reading contained in the library. Francisco Rosario of DDReps

The fourth-floor residence is a spacious 3,500 square feet. A combo of two separate units, it comes with two bedrooms and plenty of entertaining spaces. The loft opens to a parlor that features 9-foot, triple-pane windows and white brick partitions. A Lim-designed black marble sculpture, included within the sale, separates the parlor from the dining room and a hidden wet bar. There’s also an ebony library with custom bookshelves and a swing, an open lounge and a chef’s kitchen, where Lim — the writer of a 2019 cookbook, “More Than Our Bellies” — told the Wall Street Journal he often cooked his mom’s Asian recipes. There’s also a small terrace.

Design details include custom baseboard molding, Venetian plaster partitions and white oak herringbone floors.

The smart-wired home also comes with its own security system. Lim bought the primary co-op unit for $2.28 million in 2007 and the second for around $1.85 million in 2011, which he used as a design studio before he combined and renovated each units for around $3 million, in accordance with reports.

The five-story elevator constructing, with five Tuscan columns, launched as a warehouse and a store in 1872. It was designed by architect Henry Fernbach and converted to live-work artist spaces in 1986. 

The buyer is called Yan Pan, and was repped by Corcoran’s Steve Gold, in accordance with property records.

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