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Celebrity Real Estate Wrap: Club Ralph, Coming Soon?

1) Why buy a Hamptons summer home when you can buy a Hamptons resort? So asks Ralph Lauren, who is in talks to buy a five-acre waterfront property called East Hampton Point (above), which includes 14 guest cottages, a restaurant, a marina with 58 boat slips and a tennis court. He'd turn the place into an exclusive club. Cost of the property: $55 million. Yowza. [Page 6]

2) It looks like nobody wants to do business with Naomi Campbell, floating master bedroom or no floating master bedroom. A month after pricechopping her Park Avenue apartment down to $4.95 million from $5.2 million, she's slicing another $200,000 off the asking price. The duplex, as you know by now, was bought from Giuseppe Cipriani in 2005 for $3.9 million. Her broker is Raphael De Niro, completing the celebrity threesome. [Braden Keil/Gimme Shelter]

3) Imprisoned ImClone co-founder/Martha Stewart co-conspirator Sam Waksal did some crazy shit to his triplex penthouse, including installing a balcony that overlooked the kitchen, and building a secret stairway that went up to the building's roofdeck. That may sound a little odd, but if you know dungeon-loving food fetishists like we do, it's pretty much the norm. [Max Abelson/M'hattan Transfers]

4) The five-bedroom Amagansett summer home that Chris Martin and Gwyneth Paltrow bought had an asking price of $6.5 million, but they actually paid $5.4 million for it. Nice bargaining. And do you want to know what's adorable? They buy real estate under the company name Orchard House LLC, because their daughter's name is Apple. Precious. [Braden Keil/Gimme Shelter]