- Jeffrey Epstein owned an expansive real-estate portfolio that played a major role in the sexual-abuse allegations against him.
- The Wall Street Journal previously reported that his New York City and Palm Beach homes were hitting the market for a combined $110 million.
- On Nov. 2, the Journal reported that a real-estate developer signed a contract to buy the Palm Beach home at a discount, with plans to demolish the property.
- Epstein was arrested on July 6, 2019, on suspicion of sex trafficking minors in his Manhattan and Florida homes from around 2002 to 2005.
- The sexual abuse is said to have taken place in Epstein’s homes in New York, New Mexico, the US Virgin Islands, and Paris, France.
- On August 10, 2019, Epstein was found dead in an apparent suicide in a Manhattan jail cell.
- Visit Business Insider’s homepage for more stories.
Jeffrey Epstein’s former Palm Beach mansion is set to be demolished.
The Wall Street Journal reported on Monday that the waterfront property, which hit the market for nearly $22 million in July, sold at a discount to Florida real-estate developer Todd Michael Glaser, who plans to knock the property down and build anew.
Epstein’s New York City townhouse also hit the market for $88 million in July, according to the Journal.
The home sales will contribute to his estate, which will serve as a fund to adjudicate the claims of his alleged victims. It will also be subject to claims from tax authorities and creditors. His other international properties are widely expected to hit the market as well, the report said.
On July 6, 2019, Epstein was arrested on suspicion of sex trafficking minors in his Manhattan and Florida homes from 2002 to 2005. The arrest was made more than a decade after Epstein pleaded guilty to solicitation of prostitution and procurement of minors for prostitution and served 13 months in prison.
On August 10, 2019, he was found dead in an apparent suicide in a Manhattan jail cell.
While Epstein went to great lengths to keep his life private, one thing he couldn’t keep under wraps was his expansive real-estate portfolio.
To the public’s knowledge, he owned six luxury residential properties: a multimillion-dollar mansion in Manhattan; two private islands in the US Virgin Islands; a home in Palm Beach, Florida; a ranch in New Mexico; and an apartment in Paris, France.
Here’s a look at each property.
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