50 Cent suing Engineer for allowing him to buy Tyson’s House
Bottom line, 50 Cent can’t sell the house. Up until now 50 boasted about how great of a deal he got on the house ($4 million) and he also boasted about putting $10 million into the house. Fif was trying to sell the mansion for $18.5 million, dropped the price to $14.5 million and as of this week it’s been removed from the market.
50 testified in court Tuesday that he never would have bought Mike Tyson’s mansion if he knew it would cost a pretty penny to fix up.
The star is suing BVH Integrated Services, the engineering firm he hired to inspect the Farmington, Conn., spread when he was buying it from the boxer’s ex-wife in 2003. The company estimated it would cost about $500,000 to repair roofs, decks, driveways and renovate other parts of the property. 50 Cent, whose real name is Curtis Jackson, said he ended up spending about $6 million on the job. He says BVH should cough up about $3 million. “I would not have purchased the property with $1 million worth of work to do. To be honest I would not have purchased a house with $700,000 worth of damages,” he testified. “I would have felt I was living in a construction site,” said the hip-hop hit machine, who was wearing a dark pinstriped suit and no tie. BVH attorney Michael Byrne said it didn’t overbill and that 50 Cent wanted “extravagant and costly upgrades.” The 19-bedroom property – which was featured on MTV’s “Cribs” – includes a recording studio and a nightclub that features a swing dangling from the ceiling. When the 48,000-square-foot property was up for sale in 2007, brokers said the rapper had added a helicopter pad, an infinity pool and spa with a grotto, a movie theater, and other extras.
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Carsin Daily
On June 3, 2009 at 4:08 pmIf I had the dough, I’d buy this home… An architectural designer by profession, I loved the way Fifty hooked up the house.