The family of Eric Garner has reached a settlement with the city after Garner died when he was placed in a choke hold by police. Garner's family had initially filed a lawsuit against the city asking for $75M.

Garner was 43 and was stopped outside a Staten Island convenience store for selling loose, untaxed cigarettes. The arrest and choke hold were captured on film,

Officer Daniel Pantaleo placed his arm around Garner's neck to take him down. Garner, who had asthma, is heard gasping "I can't breathe!" 11 times before losing consciousness. He was pronounced dead later at a hospital.

The city medical examiner found the police choke hold contributed to Garner's death. But a grand jury declined to indict the officer in the death. A federal probe is ongoing.

Choke holds are banned by the New York City police, but Pantaleo said he was using an accepted takedown method called the "seat belt."

The lawsuit was settled by city comptroller Scott Stringer, who prefers to settle cases rather than pay legal fees for cases to go through the litigation process. The settlement did not include the city admitting liability. "Following a judicious review of the claim and facts of this case, my office was able to reach a settlement with the estate of Eric Garner that is in the best interests of all parties," Stringer said.

Mayor Bill DeBlasio said, "By reaching a resolution, family and other loved ones can move forward even though we know they will never forget this tragic incident," said de Blasio, who was scheduled to speak Tuesday at a church memorial service in Garner's honor.

There will be a press conference on Tuesday with who else but Al Sharpton and the Garner family.  "We did not march and build a movement just to get money," Sharpton said.