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• Lenny Kravitz has been trying to sell his penthouse at 30 Crosby Street for the past few years; most recently, he slashed the price of the loft from $18.75 million to $14.995 million. Is he now planning to give up entirely? Over the weekend, the listing for Kravitz's 6,000-square-foot pad (which used to be located here) was pulled down from the Corcoran website, although whether the rocker plans to try again with a new broker is anybody's guess. [Cityfile]
Richard Gere and wife Carey Lowell aren't just trying to unload their apartment at Palazzo Chupi. They're looking to sell their farmhouse in Water Mill, too. The 1.2 acre estate, which includes a guesthouse, art studio, and pool, is currently listed at $8.8 million. [NYM]

Regis and Joy Philbin paid in the "low-$7 million range" for a 13,500-square-foot Greenwich mansion in the same neighborhood as the 3,000-square-foot home they've been trying to sell since October. [Greenwich Time]
• TV personality Bob Vila and his wife Diana Barrett paid $5.9 million for a two-bedroom, 20th floor penthouse at 15 Madison Square North. [NYT]
• Bridgehampton's Stone Meadow Farm, which Mariah Carey rented for a week for $125,000 last summer, has undergone a $5 million price cut. It's now listed at just under $15 million. [Page Six]