Plenty of celebrities start fashion lines but few take the step of opening their own stores. William Rast, the casual clothing brand founded by Trace Ayala and Justin Timberlake and operated through subsidiaries of People`s Liberation has announced two new full-price retail stores at the Westfield Century City Shopping Mall in Los Angeles, California, and the Westfield Valley Fair Shopping Mall in San Jose, California as well as an outlet store at the Desert Hills Premium Outlets in Cabazon, California. The brand has an ambitious plan to open around forty retail stores in major metropolitan locations over the next several years.

The William Rast branded retail stores will each be approximately 2,000 square feet and will offer William Rast contemporary apparel collection for men and women. The company also plans to offer a full range of licensed William Rast products in each store. Justin Timberlake is well on his way to a branded empire, he also has his own golf course, a tequila brand and owns several restaurants.

From Berg Properties Big Time Listings:
--Tennis star Sebastien Grosjean has listed an eight-bedroom mansion he owns in Boca Raton, Florida, shown above, for $2.79 million. The listing is here.
--via the NY Observer, Nobel-prize-winning economist Paul Krugman has bought a three-bedroom apartment on Riverside Drive for $1.7 million.
--Actress Melissa McCarthy and her actor husband Ben Falcone sold their Los Feliz home for $2.495 million to director Jake Kasdan and his singer-songwriter wife, Inara George. This makes the second time in three years that McCarthy has sold a house to this couple.
--A Las Vegas home that once belong to hp-hop record producer Suge Knight has been listed at $1.495 million.
Singer John Ondrasik has sold his 4,078-square-foot house in Los Angeles' Encino area for $1.095 million.
--A five-bedroom, 4,822-square-foot house in Tarzana, California that actor Wilmer Valderrama had owned until selling it in early 2008 for $1,750,000 is back on the market for $1.895 million. The listing is here.

From the NY Post's Gimme Shelter:
--Alec Baldwin wants to sell his co-op in the Eldorado on Central Park West, it has been listed at $8.9 million (the listing, without photos, is here). He is looking at an apartment in the Dakota and has his eye on this four-bedroom beauty listed at $12.5 million.
--Real estate fanatic Michael Hirtenstein, who walked away from a $7 million deposit and spent about $6.5 million in construction and design costs on more than $25 million worth of combined apartments at One York is now getting a better deal to buy one of the condos back. He was to spend more than $25 million for six units that totaled nearly 11,000 square feet but will now pay about $16.5 million for five units that total about 9,000 square feet and his original $7 million deposit will be applied to this purchase.
-- Antonio Versace, nephew of the late Gianni Versace has bought a new bachelor pad at 44 Mercer St. in SoHo which was listed at $2.7 million.
--Former General Electric CEO Jack Welch is buying a three-bedroom condo right next door to a unit he already owns on the 46th floor of One Beacon Court. Welch's new 2,669-foot unit had an asking price of $8.995 million. Welch bought his current apartment for $6.25 million back in 2005.
--Michael Holtz, who owns Smart Flyer, is in negotiations to buy a six-story townhouse at 400 West St which is listed at $25 million. This is the one which is owned and was designed by Cortney and Bob Novogratz and includes a basketball court.
--Claire Danes and her actor fiance, Hugh Dancy, have been spotted house-hunting in Columbia County, a few hours outside New York City.

From Cityfile's Buyers and Sellers:
--Investor Enrique Foster Gittes is cutting another $2 million off the price of his 13,000-square-foot townhouse at 12 East 63rd Street. It was first priced at $28.75 million back in April and now the home is currently listed for $21.5 million.
--Donald Trump Jr. and wife Vanessa have closed on an apartment at The Sovereign on East 58th Street. They paid $1.125 million for the 1,800-square-foot apartment.
--via the NY Times, Brooklyn's most expensive apartment is a beautiful $25 million unit inside a clocktower.
--Kimberly Guilfoyle, the Fox News anchor was once married to San Francisco mayor Gavin Newsom, has split from her second husband Eric Villency and paid $1.3 million for a three-bedroom co-op at 229 East 79th Street.
--Bruce Lisman, the former co-head of global equities at Bear Stearns, has finally closed on the sale of his apartment at 923 Fifth Avenue. It sold for $12.8 million, which is $300,000 less than what Lisman paid for it in 2006.
--Michael Birkin, who recently stepped down as vice chairman of Omnicom Group, has picked up a full-floor loft in SoHo for $4.75 million.
--J.B. Perrette, president of digital distribution for NBC Universal, and his wife Amy paid $3.995 million for a penthouse at 140 West 22nd Street in Chelsea.
--via the NY Observer, Iris Cantor, the widow of Cantor Fitzgerald founder Bernie Cantor, has finally gone into contract to sell her penthouse at 110 Central Park South. She bought the four-bedroom home for $15 million in 2006 and it had been listed recently for $11.9 million.
--Pro golfer Cristie Kerr and her husband, Aviator Sports president Erik Stevens bought a condo at One Morton Square for $2.3 million.
--via the NY Observer, hedge funder Steve Eisman has sold his apartment at 1125 Park Avenue for $5.2 million, $1.795 million less than what he paid for it in March 2008.
--Fashion photographer Ruven Afanador has paid $2.15 million for a two-bedroom penthouse at 263 Ninth Avenue in Chelsea.
--via Curbed, the former Noho loft of jazz legend Charles Mingus at 5 Great Jones Street, which went on the market for $1.995 million in February, sold for $1.85 million last month.
----via the NY Post, more news on the Greenwich, Connecticut home that Justin Timberlake and Jessica Biel are rumored to have bought. It could be a 25.5-acre estate on Conyers Farm Drive, which closed last month for $18.7 million.
--Director Stephen Daldry paid $3.8 million for a five-floor townhouse in Chelsea. . The 4,600-square-foot property is currently configured as a three-unit house and is in need of renovation.
--Actress Kristen Johnston has found a buyer for her duplex at 296 West 10th Street one month after she first put it on the market. It was listed for $1.795 million when it went into contract late last month.
--Dr. Gary Roubin, Lenox Hill's chief of interventional cardiology, has upped the price of his Upper East Side home. It was first listed for $22 million in May 2008 then lowered to $16.5 million now it's back up to $18 million.
--via the NY Post, the East 51st Street townhouse once occupied by fashion illustrator and art collector J. Hyde Crawford has been sold for $7 million to the Organization of the Islamic Conference, a group affiliated with the United Nations.



From the Real Estalker:
--George Hamilton has listed a two-bedroom condo in West Palm Beach, Florida for $1.2 million. The listing is here.

Earlier this year my colleague Deirdre Woollard reported that Justin Timberlake was launching a new brand of tequila dubbed 901 Silver.

The spirit is not trying to trade on his name however which does not appear on the bottle. Rather it's designed to appeal to connoisseurs looking for a fresh, modern take on tequila.

The ultra premium spirit is hand crafted in small batches using only 100% Blue Weber Agave. It's triple distilled for an ultra-smooth finish.

Timberlake and partners selected Tequilera Newton in the heart of Jalisco, Mexico to produce 901 after visiting more than 10 distilleries. Newton brings over three generations of craftsmanship and more than 60 years of experience.

Packaged in a distinctive multi-faceted bottle, the name 901 refers to both the area code for Timberlake's hometown of Memphis as well as the magic moment when the night's activities begin.

901 is initially available for purchase in New York, Los Angeles, Las Vegas, and St. Louis.

What does Justin Timberlake have in common with Sammy Hagar and Vince Neil? No, not band breakups, tequila. Justin Timberlake, who already has a restaurant and a fashion line to his credit now also has a tequila named 901. The name comes from the area code for Memphis, Timberlake's hometown and is also meant to suggest the moment that evening slips into night.

The tequila will be sourced from Jalisco, Mexico and is expected to sell for $40. As Martini Groove uncovered the Tequila 901 website defaults to the AsomBroso tequila company which seems to be behind Timberlake's tequila. People reports that the liquor will hit store shelves in early May in New York, Los Angeles, Las Vegas and St. Louis.

From the Real Estalker:
--Leonardo DeCaprio is selling one of the three homes he owns in Malibu. He bought this home for $6.35 million last year and has listed it for $8.999 million. The property website is here.
--Christina Aguilera has cut the price on her West Hollywood home. It's our estate of the day later today.
--Actress CCH Pounder has put her Los Angeles home on the market. It was our estate of the day on Saturday.
--Jennifer Lopez and Marc Anthony have put their Bel-Air home on the market for $8.5 million. The listing is here.
--Rumor has it that Matt Damon and his family have been checking out $20 million apartments in New York City.
--Former fashion photographer Dewey Nicks and his wife Stephanie have put their Beverly Hills home on the market for $5.625 million. The property website is here.
--Director Paul Haggis has picked up a three-bedroom home in Santa Monica for $2.365 million.

From the LA Times Hot Property:
--A home that belonged to fashion designer Bob Mackie is from 1997 to 2005 is now back on the market at $2.5 million. The listing is here.
--Kinka Usher who makes commercials through his House of Usher production company (and also directed the movie "Mystery Men") is moving to the Pacific Palisades, where he just bought a newly constructed home for $3,.525 million.
--Monica Keena who Kristen, Eric's girlfriend on HBO's "Entourage" has bought a house in the Hollywood Hills for $1.05 million.
--Actress Cynthia Watros-Gilliland who played Libby, a psychologist, on "Lost," has sold her 1923 Hancock Park home for $5.2 million.
--Director Jonathan Turteltaub has sold his West Hollywood home for $3.2 million.


From the NY Post's Gimme Shelter:
--The Plaza's Astor Suite has gone back on the market with a new broker and a $17 million price cut. The 5,000-square-foot, fifth-floor unit, owned by European Esprit founder Juergen Friedrich is now for sale for $38 million. He bought last year for $27 million and briefly listed it for $55 million earlier this fall.
--Justin Timberlake picked up his loft condo at the Pearline Soap Factory in TriBeCa for $4.774 million.
--A gorgeous three-bedroom co-op on the seventh floor of the Dakota is listed at $14.5 million. The owners are securities trader Roy Welland - also the proprietor of restaurant Cru - and his wife, Christal Henner-Welland, the sister of actress Marilu Henner.
--Writer and director James Toback has listed his 15th-floor two-bedroom apartment in the Majestic for $3.75 million. The listing is here.
---Italian wine maker Marcello Zaccagnini, the e owner of Zaccagnini Winery, has purchased a condo at the Platinum building on West 46th Street and has has created an exclusive Platinum label for one of his best reserves, montepulciano d'Abruzzo. He's distributing 500 bottles to residents of Platinum as housewarming gifts. He bought a two-bedroom residence for more than $2.8 million on one of the new high-rise development's top floors.

From Berg Properties BIg Time Listings:
--Johnny Knoxville has sold his three-bedroom home in the Hollywood Hills for $1.816 million.
Zachary Quinto, who stars on TV's "Heroes" and in the upcoming Star Trek movie has paid $865,000 for a 1,505-square-foot house in Los Angeles' Los Feliz area.
--A BBC executive has sold a home in the Hollywood Hills which comedian Carol Leifer once owned for $2.05 million and the buyer may be a celebrity.
Public records show that comedian Norm Macdonald paid $1.75 million for his two-bedroom condominium unit in Santa Monica. --Basketball star Elton Brand has sold his Hollywood Hills home for $4.55 million and has paid $3.35 million to purchase a home Gladwyne, Pennsylvania.
-- Danny DeVito and Rhea Perlman sold a two-bedroom condominium unit in Los Angeles' Encino area for $725,000.
--Public records show that country stars Garth Brooks and Trisha Yearwood paid the $4.95 million asking price for their home in Malibu purchased earlier this year.
--A look at the real estate dealings of "House M.D." actress Olivia Wilde and her filmmaker husband who own a loft in Venice, California.
--Real estate developer Robert Bisno has listed his home in the Beverly Park area of Beverly Hills for $29.5 million. The listing is here.
--Actor George Hamilton has paid $525,000 to purchase a condominium unit in West Palm Beach, Fla.
--Public records reveal that Teri Garr's home in Los Angeles' Brentwood area sold for $3,944,500.

From the Wall Street Journal's Private Properties:
--Former quarterback Michael Vick has cut the price of his luxury Atlanta home to $4.1 million, from $4.5 million. We'll check this out as our estate of the day on Monday.
--Nicolas Cage listed an apartment in midtown Manhattan for $9.75 million for about one week and then pulled it off the market.
--A Florida cattle and quail-hunting ranch, half-owned by a onetime top pick in the National Football League draft, has gone on the market for $50 million. We'll be looking at this one out on Tuesday.

From Newsday's Real LI:
----The Skidmore house, which is dated circa 1761 and is the oldest house in Northport, NY is listed for $449,000.
--A Cove Neck estate owned by Grammy-winning record producer Ric Wake was reclaimed by the bank at auction earlier this week in Nassau County Supreme Court. The "upset price" for the home had been set at $4.4 million. Wake had the home on the market for the past year, listed at $6.5 million.
--A townhome once owned by ESPN analyst and former New York Jet wide receiver Keyshawn Johnson is on the market for $1.199 million.

From Cityfile's Buyers and Sellers:
--David Smilow, the co-founder of TeleBank, which was sold in 2000 to E*Trade for more than $1 billion, has put his duplex penthouse at 140 Perry Street on the market for $19.5 million. The listing is here.
--via Curbed, Lenny Kravitz is still trying to sell his penthouse at 30 Crosby in Soho. It was most recently listed for $18.75 million but is now on the market for just $14.995 million. The listing is here.
Sundance Film Festival co-director Geoffrey Gilmore and film producer Julie le Brocquy have paid $2.475 million for a three-bedroom condo at 25 Central Park West.
--via Page Six, two months after buying a townhouse in Brooklyn, real estate maven Barbara Corcoran has reportedly purchased two more multiple-residence brownstones in the borough.

From the NY Observer's Manhattan Transfers:
--A penthouse at the Time Warner Center is now listed for $65 million. It was our estate of the day on Friday.
----11 Spring Street, which was listed at $39.8 million total for three units is now listed at $36.5 million. The Candle Building is a former carriage house and stable that can be left as three units or combined into one massive home. The listing is here.
--Karen Fleiss, a hedge fund manager and her husband, David, an Upper East Side orthopedic surgeon put their eight-bedroom duplex at 1030 Fifth Avenue on the market for $47.5 million in June since then it's gone down to $39.9 million in August and then to $34.5 million in October. Now Corcoran's Sharon Baum and Brown Harris Stevens' Fritzi Kallop listed the bottom floor alone for $15 million.
----Last year, Fortress Investment Group cofounder and COO Randal Nardone signed a $22 million contract for a glass-walled duplex at the new Tribeca condo 101 Warren Street. He finally closed earlier this month but in that year his stock has plummeted and he is no longer on the Forbes billionaires list.

As fires rage in the Montecito area several celebrity homes have been in danger. The LA Times reports that one of actor Christopher Llloyd's homes is involved. It is believed to be this 8.5 acre property, shown above, which was on sale last year for $11.275 million and was our estate of the day. Rob Lowe and Oprah Winfrey also have homes in the pricey town but their houses are safe. Our thoughts go out to anyone who has lost their home in this latest round of fires and to the firefighters bravely battling the blaze.

From the NY Post's Gimme Shelter:
--Justing Timberlake has gone to contract on a TriBeCa three-bedroom with a $5.25 million price tag. His new loft is in the Pearline Soap Factory condo building and has a 52-foot-long living/dining area, a gourmet kitchen with top appliances and 14 floor-to-ceiling windows.
--Braden Keil sets the price for Hugh Jakcman's deal on Perry Street at an even $21 million making it a great deal considering it was once listed at $40 million.
--Joel Klein, the chancellor of New York City schools and who has been mentioned as a candidate for secretary of Education under Barack Obama and his wife, Nicole Seligman, are about to close on the Sag Harbor home of author Harry Hurt III and chef Alison Becker for $2 million. The last asking price was $2.25 million.
--Tommy Mottola has finally sold his North Salem, New York home for $15 million. It was listed at $21 million when it was an estate of the day in 2006.

From the NY Observer's Manhattan Transfers:
--Brooke Astor's country estate in Briarcliff Manor, New York, is on the market for $12.9 million. It was our estate of the day on Friday.
--It's official Hugh Jackman has picked up the dazzling Perry Street triplex owned by Sun Microsystems co-founder Bill Joy, who paid $17.57 million for the raw space in 2002. It is believed Jackman paid between $20 and $23 million. Not too shabby considering it was listed at $40 million when it was our estate of the day last November.
--Murat Ozyegin, son of Turkish billionaire Husnu Ozyegin has paid $6.2 million for an apartment on East 66th Street.
--Dean Vanech, whose New Jersey-based Delta Power Company was acquired by Bear Stearns subsidiary Arroyo Energy early last year, bought a five-bedroom apartment at 33 East 70th on the day before the election for $14.8 million. They may still also own a high-floor apartment on Fifth Avenue, bought three years ago for $5.07 million. The co-op was bundled with its next-door neighbor, the only other apartment on the floor, which made for a $30 million listing, which can be seen at Halstead but apparently Vanech and his wife didn't need quite that much space.
--In August, a limited liability corporation controlled by Charles Yassky, a developer and real estate investor, paid $13.2 million for a 36-foot-wide red-brick mansion at 122 East 78th Street. The building, which includes two floors of offices and three floors of small apartment units, just went back on the market two weeks ago for $18.9 million, he's since dropped the price to $16.9 million, still $3.7 million more than August's sale. The listing is here.
--A full floor, nine-room, three-bedroom apartment at the Ritz-Carlton on Central Park South is listed for $35 million. It ws bought only three years ago by one of the building's developers, Christopher M. Jeffries for $16 million.He sold on July 31 for $28.5 million to an anonymous buyer who may have paid in cash. Three months and two weeks later, that buyer wants to sell for $6.5 million more. The listing is here.

From Newday's Real LI:
--Natalie Portman, who is in the process of selling her Manhattan home is currently living with her parents in Cold Spring Harbor, New York.
--A price chop for Chateau des Thons, the transplanted 17th French chateau which is in Upper Brookville, New York. It hit the market for $6.995 million in 2006, was at $5.995 million when it was an estate of the day last year, and is now listed at $4.995 million.
--Lisa Kerkorian, ex-wife of billionaire Kirk Kerkorian, is still trying to sell her home in Bridgehampton, New York. It has been on and off the market for the last couple of years, starting at $16.3 million and now listed at $7.995 million.

From Berg Properties Big Time Listings:
A five-bedroom house in Los Angeles' Toluca Lake neighborhood that Damon Wayans owned until 2006 is on track to get its fourth owner in less than 30 months, having been just listed for $4.5 million. The listing is here.
--Neda Mashouf, whose husband Manny founded the bebe women's retail chain has put her five-bedroom, solar powered house in the flats of Beverly Hills on the market for $4.7 million. The listing is here.
--A home in Los Angeles' Los Feliz area that was owned for a long time by singer Gwen Stefani has been sold by its most recent owner, TV show creator Mark Brazill, for $3.995 million. He paid $4.795 million for the home in 2007.

From the Real Estalker:
--The Richard Neutra designed Kaufmann House in Palm Springs which sold at Christie's Postwar and Contemporary Art auction in May is now back on the market because the deal fell through. It was our estate of the day on Saturday.
--More Ben Affleck and Jennifer Garner real estate news, the high-profile pair is still shopping in Brentwood. They have been spotted checking out this home which is on the market for $14.95 million.
Vicki Gunvalson from the reality show, The Real Wives of Orange County Housewives is selling a home in the
gated community of Coto de Caza that she bought for $1.65 million last year. The property was listed for a time for $1.78 million but then was taken off the market. It is now back on the market for $1.695 million.
--Toby Keith has already dropped the price on his Nashville home from $1.595 million to $1.349 million. It was an estate of the day last week.
--The Times Online is now reporting that the Toprak Mansion on The Bishops Avenue in North London, wich was purchased for a rumored £50 million was bought by Nursultan Nazarbayev, the current president of Kazakhstan.You can find a couple of pictures from when we first talked about the home in 2005 here.
--According to the Herald Sun Australian tennis star Lleyton Hewitt has put his glass and concrete contemporary casa in Adelaide's Island Point at West Lakes up for sale for an undisclosed asking price.
--According to The Real Deal,Rosie O'Donnell has closed on her $1.97 million condo at The Platinum building in New York City.
--Country singer Tanya Tucker is flipping a house in Franklin, Tennessee. It is listed at $2 million.
--Has Michael Jackson finally sold Neverland Ranch? Santa Barbara County Assessor records show that Jackson's 2,700 acre ranch was transferred to a Delaware based entity named the Sycamore Valley Ranch LLC. TMZ reports that this is a joint venture between Michael Jackson and Colony Capital, the Los Angeles based company who holds the mortgage on Neverland Ranch which will be renamed Sycamore Valley Ranch.
--Martina Navratilova has sold her Nokomis, Florida home for $2.549 million.

From the LA Times Hot Property:
--Red-hared television actor Timothy Busfield has listed his three-bedroom house in Malibu for $1.995 million.
--Former ABC President Alex Wallau recently sold his Brentwood home to country music singer Mac Davis for $4.9 million.
"Brothers and Sisters" cast member Matthew Rhys picked up a three-bedroom home in Los Angeles for $1,262,500.
--Actor Peter Wingfield has reduced the price of his Studio City home to $2.699 million from $2.995 million. The listing is here.
The Santa Monica home of the late Vivian Sheehan who pioneered speech therapy for people who stutter just sold for $2.185 million.

From the Wall Street Journal's Private Properties:
--In New York's Harlem neighborhood, a largely intact Romanesque Revival house built by circus co-founder James Bailey is on the market for the first time since 1951, with an asking price of $10 million.
--Hedge fund manager John Paulson has cut the price on his Southampton home yet again. It's now down to $13.9 million. We'll be checking this out as an estate of the day later in the week.
--A Los Angeles home that once belonged to John Barrymore is one the market. It will be our estate of the day later today.
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I'm amazed that it hadn't happened before this but Justin Timberlake is finally going to have his own fragrance. Parfums Givenchy has announced that Timberlake will be fronting a men's fragrance for the company. Timberlake joins actress Liv Tyler as a celebrity pitchperson for Givenchy. Timberlake's new scent will debut in fall 2008. Timberlake, who is working on his acting career, also has a fashion line, William Rast, as well as a restaurant.

While the celebrity men's fragrance market is nowhere near as packed as the female celebrity fragrance market, more and more stars are lending their names and faces to scent lines either as the celebrity spokesperson for a perfume or for their own line. Our gallery below list just a few of the sweet-smelling men in the fragrance arena.