Kravitz Penthouse Sale Finally Goes His Way

Call it a case of the seven year ditch -- that's how long it's taken Lenny Kravitz to unload his 6,000-square foot penthouse loft in Soho.

According to Curbed.com, the rocker first listed the condo in 2002 for $17 million. By 2004, it still hadn't sold, and he cut the price to $12.95 million. 2005? No sale yet. You'd think that the groovy five-bedroom, seven-bath pad with glass staircases and 3,000 square feet of outdoor space would appeal to anyone's inner rock star. Just ask Nicole Kidman and Denzel Washington, who each briefly rented the hipster Crosby Street hideaway.

Guess not. So in 2006, Kravitz took the lair from the market and spent a reported $1 million on renovations -- transforming the space from earthy, dark rocker lair to minimalist, sun-filled chic.

"It was a bit too me," he told New York Magazine about the prior look. "It was brown. It was like some Miles Davis–Isaac Hayes vibe going on up in there." According to the Corcoran listing, there was "no expense spared to create the most luxurious and important property in Soho and in all of downtown Manhattan."
When it comes to high-end design, Kravitz is no slouch. He seems to know his way around interior spaces as well as he knows his way around a guitar chord. In 2003, he founded the design firm Kravitz Design, and has since emerged as a respected cutting edge designer with an impressive list of commercial and residential clients.

Kravitz designed the lounge at the Delano Hotel and was the mastermind behind the state-of-the-art recording studio at the Setai in South Beach. "I'll bump into women on the Upper East Side who might not know me for my music, but they know me for my style," he told the New York Times.

But, back to his Soho loft. In 2007, the new and improved duplex was back on sale for a cool $19.5 million. Well, it does have some very special details. On the first floor, there's a grand entrance, a terrace with a wood burning fireplace, a living room with marble fireplace, dining room, media room with full bath, and a state-of-the-art kitchen -- also with a bath. A suspended glass staircase leads to the master bedroom upstairs, which features a sitting area and yes, a gigantic master bath. There are three additional bedrooms and each has its own bath (natch). Need more space? A second glass staircase leads to a sprawling roof deck with a built-in barbecue.

Despite all the bells, whistles and rock star cache, it was still not spoken for. So in November 2009, the price came down to $14.9 million. "It's not negotiable at all at this price; it's a great deal," Corcoran's Andrea Wohl Lucas told the New York Observer at the time. "It will sell."

Looks like Wohl Lucas was on the money. The property Kravitz purchased in 2001 for somewhere between $7 and $8 million has just gone into contract for the $14.9 million asking price. (As Kravitz might croon, It Ain't Over 'Til It's Over.)

Kravitz still has plenty of space for storing his guitars, drums and keyboards, however. The rocker, who mostly spends time in his 16th arrondissement digs in Paris, also has homes in New Orleans, the Bahamas and Rio de Janeiro.

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