50 Cent Gives Up On Trying To Sell Tyson's House, Hopes For Lawsuit Win Instead
Rapper 50 Cent is figuring out that Mike Tyson's Farmington, Connecticut mansion wasn't such a great purchase after all. The performer, whose real name is Curtis Jackson, recently testified in Hartford Superior Court as part of his lawsuit against BVH Integrated Services, an engineering firm that he hired to inspect the 52-room home before he bought it. The company was supposed to find out how much it would cost to repair the home. Tyson's ex wife originally wanted $25 million but 50 Cent bought it for $4.1 million. The company's estimated that 50 Cent would have to spend around $500,000 in repairs but he ended up spending $6 million on repairs and renovations about half of which went to things which 50 Cent's lawyers say should have been included in the original estimate. BVH attorney Michael Byrne said that 50 Cent's lavish upgrades made the difference and that the estimators are not responsible for the difference.
The house may be huge but it isn't high quality according to witness testimony. A contractor hired by BVH to conduct the 2003 inspection testified that it was not a "mansion-quality" house. 50 Cent put the mansion up for sale in 2007 for $18.5 million and dropped the price down to $14.5 million but he said this week that the house is no longer for sale.
UPDATE: 50 Cent has settled the lawsuit for an undisclosed amount.
Reader Comments (Page 1 of 1)
arcsine Jun 4th 2009 11:02AM
Augh, it's that horrible brass railing nightclub again!