The townhouse and former school building in Manhattan which is where the late Jeffrey Epstein allegedly sexually abused underage girls is scheduled to sell for approximately $50 million, according to a report that came out on Wednesday.
The Upper East Side mansion is under contract and would be among the most pricey homes to sell in New York over the past year if the current deal closes, according to The Wall Street Journal.
The report didn’t identify the would-be buyer. Would you want your name plastered all over media if you were buying such an infamous dwelling? A source familiar with the deal told The New York Post that the buyer works in finance and is not from the United States.
The 28,000-square-foot neoclassical townhouse was put on the market as well as Epstein’s Florida mansion in July.
The asking price was originally $88 million when it first went on the market, but the executors of the former owner’s estate lowered the price to $65 million last month. Can you imagine the Manhattan property taxes? I can’t even imagine anyone putting in a serious offer for the property knowing the history.
Some New York real estate brokers said that the clients they contacted over the sale were unnerved just at the thought of buying the Epstein house. Think about if you received such a call. The first thing I’d think is, “What made you think I would want to buy it?”
“I don’t know who would want it,” one agent said. “I had clients hang up on me, angry that I even suggested it.” Well, then there is still hope for the world.
The Manhattan townhouse was the most valuable piece of real estate owned by the convicted sex abuser who also had homes in New Mexico, Paris, France, and the infamous private island in the US Virgin Islands commonly referred to as Pedophile Island.
Some real estate folks said that the price drop could have been because of coronavirus and nothing to do with Epstein’s sicko behavior. Coronavirus problems in New York are because of the gross behavior of Governor Andrew Cuomo and Mayor Bill de Blasio, both of whom have been a disaster.
“The deal is great for New York. It’s a low number but that could be because of COVID and not Epstein,” one broker told The New York Post. “The buyer is a savvy person who got a good deal and will resell.”
One broker tried to remove the booger from the bouquet of roses.
“It’s an exceptional property,” the broker said. “If someone gets a great deal, they could get it blessed by a rabbi and a priest.”
The real estate broker added, “People have a way of dealing with things when they have a good buy… they will go for it, whatever it is, just knowing they can turn around and resell it for a bigger number.”
Epstein, who prison officials say killed himself back in August of 2019 while in custody on federal sex trafficking charges, something practically no one in the world believes, had been accused of sexually assaulting and abusing young girls and women for a long time.
In 1962 the building became the Birch Wathen School and they moved out in 1989 after Wexner bought the property for a reported $13.2 million.
It has never been explained why, but Wexner gifted the house to Epstein, transferring title for the sum total of $0 around 1996. The New York Times reported that the property was officially transferred in 2011 from a trust that was controlled by Wexner and Epstein to a Virgin Islands-based entity controlled by Epstein. Rumors went around that Epstein paid $20 million for the property in 1998.
Federal agents raided the place not long after Epstein was arrested in July 2019 and revealed that they found hundreds of pictures of nude underage girls hidden in a safe.
The money from the sale of the townhouse is supposed to go to Epstein’s estate that has a compensation fund to be used to settle claims from his alleged sexual abuse victims. The Attorney General of the Virgin Islands just last month asked a judge to freeze the assets of the estate and when that happens the executors of the estate have said that they will not be able to make payments to the sicko’s victims.