As reported by curbed.com:

" Bought for $8 million in 1998, Kravitz tried to unload it in 2002 for $17 million, then had it on the market this spring for $13.95 million. Now, reports Gabriel Sherman, Kravitz is asking $12.95 million after a recent deal for the place apparently fell through. In any case, don't miss the opportunity to browse the photos of the place on the Elliman site--this place is one of a kind. "
· Listing: 30 Crosby Street [Douglas Elliman]

And as for Lenny and Target, in the words of a blogging fan:

"I saw Lenny Kravitz on tv for a TARGET ad.

I had the pleasure to rub elbows with him on several occasions. The dude absolutely exudes an amazing sexual vibe - even though I'm not attracted to that type at all.

Why? What the hell was he and his mgmt team thinking? I guess Lenny's career is rather inactive at the moment. Except for appearing at Target.

What the hell is next? Marilyn Manson for American Express? Or maybe Anthony Kiedis for Jockey?"

photos courtesy of lennykravitz.com