50 CENT SHAVES MILLIONS MORE OFF CONNECTICUT MANSION PRICE TAG

Last updated: Monday, July 20, 2009

50 CENT SHAVES MILLIONS MORE OFF CONNECTICUT MANSION PRICE TAG

Rap superstar 50 CENT has slashed a further $3.6 million (£2.4 million) off the price of his Connecticut mansion after failing to shift the property on the struggling housing market.

50 Cent, aka Curtis Jackson, on the set of HBO's 'Entourage'. Los Angeles, California - 12.06.09

The In Da Club hitmaker - real name Curtis Jackson - bought the sprawling 19 bedroom, 37 bathroom house in Farmington in 2003 from retired boxing champ Mike Tyson.

He paid $5 million (£3.3 million) for the estate, but spent millions on improvements.

50 Cent then put the property up for sale in 2007, and lowered the asking price from $18.5 million to $14.5 million at the end of last year (08).

But the mansion failed to attract any interest and it was pulled it from the market in May (09).

However, 50 is having another go at off-loading the expensive property and has shaved a further few millions off the price tag in a bid to lure potential buyers.

The home has been at the centre of a lengthy legal battle between the rapper and bosses at an engineering company, who he claimed mislead him over the purchase of the house and the repairs it needed. The dispute was settled in court last month (Jun09), although the terms of the agreement have not been disclosed.

Source: WENN

| Monday, July 20, 2009

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50 CENT SHAVES MILLIONS MORE OFF CONNECTICUT MANSION PRICE TAG

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