• Six months ago Lenny Kravitz temporarily pulled his penthouse off the market. Now we know why. The 6,000-square-foot loft at at 30 Crosby Street, which the rocker has been trying to sell on-and-off since 2004, underwent a complete renovation. The price of the brighter, much less somber space hasn't changed, however: It's still up for sale for $14.995 million. [Curbed, Corcoran]
• Johnson & Johnson heiress Jaime Johnson—she's the daughter of Jets owner Woody Johnson and the sister of tabloid staple Casey Johnson—has paid $2.654 million for a two-bedroom loft at 285 Lafayette Street. The seller, Lucy Waletzky, is the daughter of Laurence Rockefeller and a great-granddaughter of John D. Rockefeller. [NYO]

• Coach president Reed Krakoff has "quietly" placed his 30-foot-wide townhouse at 115 East 70th Street on the market for $52 million. Krakoff bought the home in 2006 for $17 million and completely renovated it following a fire in 2007. [NYO]
• Art dealer W. Graham Arader III has cut $10 million off the price of his 12,000-square-foot manse at 1016 Madison Avenue. It's now available for $65 million, making it the second most-expensive listing in the city behind Aby Rosen's townhouse on East 71st Street. [NYO, Sotheby's]
• Nicole Eddy and her husband paid $7.3 million for a penthouse at the Chelsea Modern on West 18th Street. [Cityfile]
• Bear Stearns' ex-COO Alvin Einbender has taken $4 million off the price of his four-bedroom apartment in the Police Building at 240 Centre Street. It's now listed for $26 million. [NYO, PDE]