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Shaq Buys at Ritz; W Hotel's Mystery Celebs

Even Shaq can't believe how fancy downtown is getting. A tipster informs us that Shaquille O'Neal signed his purchase agreement at The Ritz-Carlton Residences at LA Live. We're guessing he bought one of the larger units. By the way, if you're interested in some Florida sunshine, Shaq is unloading his monster property over on Star Island for $32 million. Additionally, we hear there's lot of celebrity interest in the W Hotel & Residences in Hollywood and that Justin "SexyBack" Timberlake may be quite interested in some of the W's penthouses...