50 Cent finds $6-million repair bill a bit much
The rule of thumb is to allow about 10% over the estimate for home repair or remodeling costs.
HARTFORD, Conn. (AP) -- Rapper 50 Cent has settled his lawsuit against an engineering firm over repairs and renovations to a Connecticut mansion he bought from boxer Mike Tyson in 2003, a court official said Friday.
Details of the settlement were not immediately available. Messages were left for lawyers for the entertainer and the firm, BVH Integrated Services of Bloomfield. Linda Cohn, deputy chief clerk at Hartford Superior Court, confirmed the settlement.
The case went to trial Tuesday, and the entertainer testified that his lawyers hired the firm to inspect the property before he bought it. He said that BVH came back with an estimate of about $500,000 for needed repairs, but that he ended up spending $6 million.
Get out your calculators. What is that? 1,000% over the estimate?
Photo: 50 Cent leaves Superior Court in Hartford, Conn. He settled with the firm he hired in 2003 to inspect the 52-room, 48,000-plus-square-foot Farmington, Conn., mansion once owned by boxer Mike Tyson. Credit: Bob Child / Associated Press