Ralph Lauren is a legendary American fashion designer who has successfully built a fashion empire styling the stars, creating the team USA uniforms for 2018 Winter Olympics in Pyeonchang, and most recently designing Priyanka Chopra’s beautiful hand-embroidered wedding dress for her marriage to Nick Jonas. The designer is no stranger to the real estate world either. Just a little over a year ago the designer was seeking buyers for his flagship Fifth Ave store and is now set to buy a gorgeous beachfront home in Montauk for $20 million, according to Mansion Global. Lauren owns the properties on either side of it, so once again he is growing an empire. Once Ralph Lauren officially closes the deal, it will be interesting to see if he uses the house as another getaway or merges his three immaculate, beachfront properties.The picturesque four-bedroom beach house was last home to late playwright Edward Albee, known for winning three Pulitzer Prizes for Drama and two Tony awards for his brilliant work. Albee purchased the residence in the 1960’s and split his time between the Hamptons and Tribeca until his death in 2016, making this the first time in 50 years the house will have a new owner. Spectacular in a completely different way, the writer’s stunning Tribeca loft is also seeking a buyer.This Hamptons estate offers 2.8 acres of land, 200 feet of oceanfront, and a tennis court and pool. Interiors boast 2,970-square-feet with tall windows adorning the home, flooding its rooms with natural light and breathtaking views overlooking the Atlantic Ocean.Paul Brennan of Douglas Elliman holds this scenic listing.
