News: 50 Cent Slashes Connecticut Mansion Price By Nearly 50
Thursday, Mar 24, 2011 9:32AM
G-Unit leader 50 Cent may be growing more anxious to sell his Connecticut mansion as reports claim the new price of the estate is nearly half of his original asking amount.
According to new reports, the multi-million dollar home is now priced at just under $10 million.
The 52-room, 50,000 square-foot mansion was once the property of former heavyweight boxing champion Mike Tyson, who bought it in 1996 from a Lithuanian businessman. Yes, this estate is in Farmington, not lower Fairfield County, but it is the home of world-famous rapper, actor and entrepreneur, 50 Cent, also known as Curtis James Jackson III. Originally listed for $18.5 million, the asking price has been lowered to $9,999,999 million, after an intermediate stop at $14.5 million. (CT Post)
In 2009, 50 had marked the price down to just over $10 million.
The price of the Connecticut mega-mansion owned by rapper 50Cent has dropped again -- to $10.9 million. The New York City rapper bought it for $4.1 million and said it had "a 'Miami Vice' feel" and spent $6 million on renovations and repairs. The home was for sale for nearly two years before being pulled off the market in May with the initial $18.5 million price dropped to $14.5 million late last year. 50 Cent says he's tired of the two-hour commute to New York City and wants to downsize. (Hartford Courant)
50 previously cited the home's overwhelming size for motivating its sale.
"That's why I'm downsizing, I need somewhere where I can feel at home. It feels like I'm in a hotel," 50 said in a recent interview. "There's a nightclub. You know how people have like a focus group? I have that for my music, like, 1,500 people and play it (new songs). The neighbors are so far away they can't even hear us." 50 also wants to downsize because he's tired of the two-hour commute to New York City almost every day. (VIBE)
Last December, two men were arrested after breaking into 50's home.
According to the police report that was made, one of the burglars, Alexander Hernandez, was discovered, "hiding in a closet, drinking a bottle of wine he had stolen from the residence." The second suspect, Santos Padilla, was found hiding in a different section of the house. Both Hernandez and Padilla were released on a $50,000 bond each. Hernandez was released to the cops, where he has outstanding warrants that he is wanted for. (MWZA News)
Check out some recent 50 Cent footage down below:
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