Monday, October 12, 2015

in the latest attempt to sell property,Bankrupt 50 Cent drops asking price of his massive Connecticut mansion to $8.5million

Bankrupt 50 Cent drops asking price of his massive Connecticut mansion to $8.5million in
Rapper 50 Cent has dropped the price of his huge Connecticut mansion yet again in his latest attempt to unload the property. The 50,000-square-foot home in Farmington, with 21 bedrooms and 25 bathrooms, has been listed for sale priced $8.5million. The 40-year-old rapper, whose real name is Curtis Jackson III, had originally listed the property for sale in 2007 for $18.5million - but the price has been dropped several times in subsequent attempts to sell it.
Lawyers representing Jackson said he would try again to sell the property to raise funds after filing for bankruptcy over the summer
.
But Rob Giuffria, a realtor in Farmington and an expert in the area’s high-end real estate, said the property still won’t sell.
 Rapper 50 Cent has dropped the price of his huge Connecticut mansion yet again in his latest attempt to unload the property
Giuffria, the president of Prudential Premier Homes, told the Hartford Courant: ‘$8.5million? Not a chance. 50 would have a better chance being a country music singer.’
He does not believe the property, set on 17 acres, will sell for more than $5million.
The mansion, which has been listed Douglas Elliman Real Estate, is one of the biggest private residences in America.

No comments:

OO