Hip-hop and streetwear mogul Damon Dash is getting into the real-estate business. He wants to rent out his apartment in Tribeca's Sugar House lofts for $18,000 a month. Just a few days ago, the price was $20,000.

When Mr. Dash purchased the 2,888-square-foot Laight Street triplex for $1.775 million in March 2004, he was still riding high as partner to Shawn (Jay-Z) Carter--running both Roc-A-Fella Records and the Rocawear clothing line. But in the last two years, the famous partners severed their business ties. Mr. Dash now has several business ventures, mostly in clothing.

The apartment's first floor is composed of a living room, a windowed state-of-the-art kitchen, and a powder room. Upstairs, there are two bedrooms with skylights. Other notable features include hardwood floors, oversized windows, walk-in closets, and a marble bath.

Prudential Douglas Elliman brokers Claudine DeMatos, along with Raphael DeNiro and Lauren DeNiro Pipher (yes! They're related to Robert) have the Laight Street listing, which requires a one or two year lease from any takers.
Ms. DeMatos declined to comment.

A spokesperson for Mr. Dash declined to comment.

- Michael Calderone