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Celebrity Palaces that are going for half price

Monday, November 2nd, 2009

Since the economy has taken a dive, some very big celebrities are realizing their lavish estates just aren’t worth as much as they used to be. In fact, now might be the best time in history to buy the extravagant former home of one of your favorite stars. Here are some of the celebrity palaces that have recently been put on the real estate clearance rack:

* Eddie Murphy’s 32-room manor in Englewood, New Jersey, which he calls Bubble Hill, has been on the market for $30 million for five years without a sale, so last month Murphy slashed the price of the property — which boasts a bowling alley, indoor pool, elevator, full-size racquetball court, theater, and recording studio — in half, to $15 million. So far, no buyers, though — maybe because the annual taxes alone total $197,723!

eddie murphy  www.celebritynewsbuzz.com

* If you’re in the market for something a little more reasonable, Whitney Houston has also cut the price of her NJ estate, where she married Bobby Brown, in half, from $5.6 million to $2.5 million. For the famous 12,561-square-foot gated property, that’s practically a steal!

* Most recently, blockbuster star Nicolas Cage has found himself in “catastrophic” financial circumstances, which the actor attributes to a shady money manager, whom he is suing. Cage has already sold off his castle in Bavaria, but you can still own his houses — worth approximately $3.5 million each — in New Orleans, where they both go up for auction on November 12. Cage is also selling off properties in Las Vegas and Los Angeles.

Hopefully, these celebrities won’t face the same embarrassing fate as some stars did last summer, when a spate of big names like Victoria Gotti, Jose Canseco, and Damon Dash had their residences foreclosed upon by banks.Cele

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Eddie Murphy Drops Out of Richard Pryors Movie

Monday, October 12th, 2009

Eddie Murphy has always credited Richard Pryor as being his inspiration for getting into comedy. Murphy did a pitch-perfect imitation of Pryor in his concert film, “Raw,” and he cast his idol in his sole directorial effort, “Harlem Nights.” It seemed natural when it was announced earlier this year that Murphy would star in a film about Pryor’s life.

richard pryor and eddie murphy marlon wayans  www.celebritynewsbuzz.com

So it was a big shock when Entertainment Weekly broke the story last week that Murphy was dropping out of the Pryor biopic. The movie, called “Richard Pryor: Is it Something I Said,” will be written and directed by Bill Condon. Condon also made “Dreamgirls,” the 2006 musical that earned Murphy his only Oscar nomination. According to the report, Murphy left over conflicts with the project’s original studio, Paramount Pictures.

Even more surprising is the identity of the star who is stepping into the role of Pryor: Marlon Wayans. Best known for the comedies he has made with his brothers like “Scary Movie,” Wayans had a big action hit this year with “G.I. Joe: The Rise of Cobra.” But he has also given a few critically acclaimed performances, most notably as a heroin addict in “Requiem for a Dream.”

EW.com reports that Wayans filmed a 13-minute screen test where he “transforms into Pryor” that secured the role for him. Condon used a similar approach while making “Dreamgirls” to prove that Beyoncé Knowles was right for the lead in that film.

While the movie will obviously have its share of comedy its producers include Adam Sandler and Chris Rock, along with Pryor’s widow Jennifer Lee Pryor — it will also tell the dramatic story of the comic’s battles with drug addiction. There is no word yet if it goes into Pryor’s later years when he was confined to a wheelchair due to multiple sclerosis. The film is set to begin shooting in the spring.

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