Raekwon managed to turn New York's Santos Party House into a Studio 54ish scene last night (Sept. 8) when the rapper, along with celebrity host, music mogul Diddy, threw a star-studded album release party for The Chef's 'Only Built for Cuban Linx Pt. II.'

Ghostface Killah, U-God, Cappadonna, Papa Wu --- can't forget about the Clan's OG -- and many more Wu-Tang affiliates were in the house, along with hip-hop legends and elite like Ice-T, Redman, Marley Marl, Q-Tip, Craig G and Brand Nubian. While most of Rae's guest joined him on stage, a few celebs/artists, including Erick Sermon, Lil Cease, Redman and actor Haley Joel Osment -- yup, the "I see dead people" kid -- hung out in the lower level of the club and watched the scene with label folk and media regulars.

Diddy, who arrived fashionably late, as expected, acted as the official host of the evening, but not before the mic was passed around to all who wanted to show respect and celebrate the Staten Island general's latest release.

"Attendance is mandatory," Ice-T proclaimed. "Hip-hop is on life support. Raekwon is gonna try to bring the back to life." Indeed.

Check out video footage of the event, which featured performances of some classics and some new 'OB4CL2' joints, like 'Bring Da Ruckus, 'Catalina,' 'Incarcerated Scarfaces,' 'Heaven and Hell,' '10 Bricks,' 'Ice Cream' and 'C.R.E.A.M.'