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People Top 5
LAST UPDATE: Friday December 05, 2008 07:10AM EST
PEOPLE Top 5 are the most-viewed stories on the site over the past three days, updated every 60 minutes
No One Wants Mike Tyson's House
The price of Iron Mike's sprawling Connecticut estate drops from $22 million to $5 million, but there still are no takers, so the "For Sale" signs come down.
Originally posted Friday January 25, 2002 11:00 AM EST
This hasn't been a good month for Mike Tyson. On Jan. 17, his wife of four years, Monica Tyson, filed for divorce on grounds of adultery, according to her court filing. This week alone, the ex-champ, 35, was in the news twice. On Tuesday it was for allegedly inciting a melee at a press conference in New York (the gathering was to announce that he and undisputed champion Lennox Lewis will fight April 6 at the Las Vegas MGM Grand). Then, on Wednesday, Las Vegas police asked prosecutors to file sexual assault charges against him for allegedly raping a woman in his million-dollar mansion there last September, according to Reuters. On Friday comes word from the Wall Street Journal that Tyson's sprawling house in Farmington, Conn., which he has been trying to unload since 1998, has been taken off the market, according to local real-estate brokers. Iron Mike purchased the 56,000-sq.-ft. mansion on 17 acres for $2.7 million in 1997, says the Journal, and then pumped about $1 million into it -- for a gym and nightclub to go with his 18 bedrooms and 38 bathrooms. The very next year he placed the residence on the market for $22 million. In 1999, he dropped the price by more than $9 million, and when that didn't work, cut it again in 2000, to $5 million. Still, there were no bites. Some brokers told the Journal that there is a limited market for homes of this size, and though no reason was given for withdrawing the house from the market, the realtor handling the property says the "For Sale" sign may go up again once the economy improves.
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