Michael Stipe of R.E.M. has put his Canal Street loft on the market for $10.95 million. He's searching for a downtown place better suited to his new passion: sculpting. "I wake up in the morning thinking of sculpture, not lyrics," Stipe tells WSJ. "Lyrics are too hard." Here's what you'll get for your 109,500 benjamins:

The listing by Carter Wilcox and Chris Poore of Corcoran Group, said the co-op at 533 Canal St. has three bedrooms, including a master bedroom with an oversize soaking tub, a study and a home office. Ceiling heights range between 10 feet and 13 feet high.

Though Canal Street often rumbles with trucks heading for the Holland Tunnel, upstairs sounds are muted.