Interior designer Lorraine Kirke has lowered the price of her East Hampton mansion to $11.5 million, according to the 
Web site. The home has been on the market with Sotheby’s since early this year, and had been priced at $12.95 million. It had been listed last year with for $14.5 million.
The 7,000-square-foot, 11-bedroom home sits on 1.14 acres, has three fireplaces, a heated pool and a guest cottage.
Kirke owns the West Village Boutique . Her clients have included celebrities like Salma Hayek, Nicole Kidman and Sarah Jesisca Parker.
She is married to Simon Kirke, drummer for the rock band Bad Company
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