Nov 19, 2014 2:37 PM
De Niro ends assessment fight with upstate NY town
The Associated Press
GARDINER, N.Y. (AP) Robert De Niro says he'll reimburse a town nearly $130,000 in legal fees it spent defending its assessment of the actor's upstate New York property.
The settlement involves the Hudson Valley town of Gardiner, about 70 miles north of New York City. The agreement was first reported Tuesday by The New York Times.
The trust that owns the compound on De Niro's behalf had been battling the 98-acre property's $6 million assessment, resulting in a lengthy court case. De Niro has agreed to discontinue his appeal of the case, which the town won in June. The trust argued the property was worth $4 million.
The Times reports that De Niro's estate includes two guesthouses, a barn converted into a recreation center, a swimming pool, a boxing ring and film production suites.