Fredrik Eklund has struck a deal with Lenny Kravitz -- but not to sell his home.

According to a new report, the Million Dollar Listing: New York star is teaming up with Kravitz on a new real estate project, which Eklund will be selling and Kravitz will be designing.

"It's a dream of mine. I have, full disclosure, tried for a very long time," Eklund told The Daily Dish on Tuesday of enlisted the rock star to design the interior of the building. "This is years in the making. I have introduced the idea of Lenny to several of my developers. I have tried to get this to work and it hasn't until now for different reasons. It's his first residential building in New York. It's his first new condo."

"He is a very quality person. He is NoHo. He is SoHo. I've always been obsessed with his designs," Eklund continued. "Finally, I got the riddle, the equation, the formula — whatever you want to call it — to work. And we are all around this table to design this incredible building in the hottest neighborhood in New York. So it's really exciting."

Eklund first spoke of his project with Kravitz last month after news of their deal hit the web.

Kravitz also spoke of his new project during a recent interview.

"My vision for 75 Kenmare centers on a layered environment, drawing inspiration from the eccentric downtown vibe while integrating elegant materials, such as unique natural stones, bonded metal and aged oak," Kravitz told Real Estate Weekly last month. "Nolita has a style, rhythm and culture all its own, and we’ve created an environment that feels contemporary and refined, but also warm and inviting."

For more Fredrik Eklund, tune into Million Dollar Listing: New York on Thursdays at 9 p.m. on Bravo and check out a sneak peek of the upcoming new episode below which featured Eklund's co-star, Luis D. Ortiz.