Settlements, upkeep and lawyers have whittled his $600 million estate to about $185 million. A civil fraud suit in the Virgin Islands could wipe out more.
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After just seven months on the market, the controllers of Epstein’s estate have sold the infamous townhouse at 9 E. 71st St. in Manhattan for US$51 million a massive cut from its original list price of US$88 million. That’s a fast sale in the world of high-priced New York real estate. The New York Post reported that the buyer works in finance and is not from the U.S.
Why such a deep discount? Maybe it was originally overvalued by prosecutors, who had hoped the infamy might help sell it at a good high price to be able to compensate the victims well. Or, as curbed.com put it, maybe it was simply market conditions sales in the upper echelons of Manhattan real estate have been slow or maybe it was the negativity related to what had gone on in the house.
Jeffrey Epstein s New York mansion sells for US$50 million windsorstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from windsorstar.com Daily Mail and Mail on Sunday newspapers.