Jeffrey Epstein‘s Upper East Side townhouse where he used to lure and abuse underage girls is in contract to sell for $50 million, with the mystery new owner knocking $38 million off the original asking price.
With a sprawling 28,000 square foot space over seven floors, it is described in the listing as ‘a once in a life-time opportunity to own the largest single-family home in New York City.’
However the mansion has a dark past as the place where Epstein would draw in girls as young as 14 and sexually abuse them.
The convicted pedophile allegedly had secret cameras installed inside the sprawling property to spy on his victims while it was also fitted with unusual decor including the now-infamous painting of Bill Clinton in a dress.
If the deal goes through, it will be one of the most expensive home sales in the Big Apple in the last year, after the pandemic sparked a mass exodus from the city and squeezed the real estate market.
The sale may come as some small relief to Epstein’s many victims with the proceeds from the sale of his estate going toward the victim compensation fund.
Jeffrey Epstein’s Upper East Side townhouse where he used to lure and abuse underage girls is in contract to sell for $50 million, with the mystery new owner knocking $38 million off the original asking price
The pre-war home on East 71st street in the heart of New York City is under contract seven months after it was first put on the market, according to the Wall Street Journal
Epstein outside the mansion in which he lured and abused underage girls and set up secret cameras to spy on his victims
The property was first put on the market for $88 million back in July, just over a year after Epstein was found dead in his prison cell while awaiting trial on a string of sexual abuse charges.
The price was then slashed by $23 million to $65 million in January.
Sources told the Journal it is now in contract for roughly $50 million, marking a staggering 43 percent saving on the original asking price after a relatively short seven-month period on the market.
The property status was still listed as ‘active’ Wednesday evening on the Modlin Group website.
The mystery bidder has not been identified and it is not clear what they will choose to do with the property.
The pedophile racked up an expansive property portfolio before his death including homes in Paris, New Mexico and Florida as well as his private island Little St. James, all of which are said to have been sites of his abuse.
Epstein’s beachfront mansion in Palm Beach, Florida, has been under contract since November and the prospective owner has vowed to demolish it.
With a sprawling 28,000 square foot space over seven floors, the mansion is described in the listing as ‘a once in a life-time opportunity to own the largest single-family home in New York City.’ Pictured the balcony
The convicted pedophile allegedly had secret cameras installed inside the sprawling property to spy on his victims
Developer Todd Michael Glaser said he plans to destroy the property and replace it with a 14,000-square-foot Art Moderne mansion.
The deal is yet to go through but Glaser is said to have reached a sale price of $18 million – nearly $4 million less than the $22 million asking price.
Epstein’s New York City townhouse is his most valuable property, with the billionaire reportedly snapping it up from Leslie Wexner – the man behind Victoria’s Secret – for $20 million back in 1998.
The 50-foot-wide, 100 feet deep property was built as New York City’s largest and most luxurious French Neo-Classical Mansion, according to the listing.
It boasts huge 15-foot-tall oak entry doors, imported French-limestone meticulously decorated with carvings, sculpture figures and ornamental iron works.
Based in Lenox Hill, the mansion also comes with the unique promise that its view of nearby Central Park can never be blocked by new buildings.
Gone are the brass initials of its previous disgraced owner ‘J.E’ which used to greet Epstein’s victims and famous friends including Prince Andrew to the home.
It was also fitted with unusual decor including the now-infamous painting of Bill Clinton in a blue dress
The home has an imposing 15-foot front door, which once featured the letters ‘J.E’ in raised brass (seen above after the July 2019 raid)
Esteemed guests who’ve stayed at the home include Prince Andrew, who is shown in the above image peering around the front door in December 2010
It is not clear whether Epstein’s extravagant decor – which included a large taxidermy tiger and poodle, a painting of a woman exposing her breast and a painting of Clinton posing in a blue dress – remains.
However the home’s reputation will be harder to shake off. Epstein reportedly sexually abused dozens of girls as young as 14 inside the property.
Victims have long described a massage room where the pedophile would assault them while he had also reportedly fitted the home with secret cameras to spy on his victims.
The home was raided by the FBI in July 2019 as part of a sex trafficking sting.
During the raid, federal authorities reportedly found thousands of graphic photos including of underage girls and a locked safe filled with compact discs labeled as ‘nude girls’.
They also found Epstein’s massage room set up just as several of his young victims had described it from years earlier, with a table and assortment of sex toys.
Hundreds of pinhole surveillance cameras were also found installed throughout the home so he could monitor his victim’s ‘private moments’ in bedrooms and bathrooms.
Epstein died by suicide at the Metropolitan Correctional Center in Manhattan August 2019 while awaiting trial. Pictured with Ghislaine Maxwell
He allegedly had a media room behind a hidden door where he kept stacks of TVs playing the surveillance feeds.
‘Piles of cash’, diamonds and an expired foreign passport listing Epstein’s residence as Saudi Arabia were also discovered in the raid.
Esteemed guests at the home include Prince Andrew, who was pictured in December 2010 peering around the front door, as he reportedly waived goodbye to a brunette female he’d led out.
Built in the early 1930s, the home was originally commissioned by Herbery N. Straus, an heir to the Macy’s department store fortune, whose father had perished on the Titanic 18 years earlier.
More recently it was owned by Leslie Wexner, chairman of L Brands, which owns retailers including Victoria’s Secret, who was also a mentor of Epstein’s.
Epstein reportedly purchased the home from Wexner back in 1998 for $20 million – just under $7 million more than Wexner had bought it for in 1989.
Epstein’s beachfront mansion in Palm Beach, Florida, is also under contract. Proceeds from the sale of his estate will go to the victim compensation fund
Epstein was found hanging in his cell at the Metropolitan Correctional Center in Manhattan August 2019 while awaiting trial.
He had pleaded not guilty to sexually abusing girls as young as 14 and young women in New York and Florida in the early 2000s.
His death was ruled a suicide but his attorneys and some family members claim he was murdered to stop him from sharing what he knows about other high profile, powerful people.
His alleged madam Ghislaine Maxwell is now awaiting her sex trafficking trial in summer 2021.
She has been charged with conspiracy to entice minors to travel to engage in illegal sex acts, enticement of a minor to travel to engage in illegal sex acts, conspiracy to transport minors with intent to engage in criminal sexual activity, transportation of a minor with intent to engage in criminal sexual activity and two counts of perjury.
Prosecutors say Maxwell groomed three girls between 1994 and 1997 for Epstein in London, Florida, New York and New Mexico.
She then not only facilitated Epstein abusing them, prosecutors say, but took part in some of the abuse herself.
Source: Daily Mail |World News