Jeffrey Epstein’s Palm Beach and New York City Homes Go On the Market

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first_imgIf you have some extra cash laying around and you’re looking for a new place to call home, consider this.The expansive waterfront Palm Beach estate and New York City townhome of the late disgraced financier Jeffrey Epstein are on the market, according to a report in the Wall Street Journal.His Palm Beach compound, which is located at 358 El Brillo Way, is reportedly listed for almost $22 million by Kerry Warwick of the Corcoran Group.Meanwhile, Epstein’s townhome on 71st street in Manhattan is going for $88 million.Epstein purchased the Palm Beach property, which was built in 1952, for a mere $2.5 million back in 1990.“The proceeds of the home sales will go to his estate, which recently established a compensation fund to adjudicate claims from alleged victims of Mr. Epstein outside of court,” the Journal reported Thursday. “An attorney for the estate’s executors said the proceeds will be subject to claims on the estate, including those by tax authorities, creditors and claimants.”Epstein was initially booked into jail in Palm Beach County in 2006, after police said he had sex with underage girls whom he paid for massage sessions at the house in Palm Beach.Two years later, he entered a controversial plea deal that led to his conviction on two state felony counts that included solicitation of a minor.Photo courtesy: Corcoran GroupIn 2011, ownership of the Palm Beach property was transferred from Epstein’s name to an entity named Laurel Inc., a company with ties to the U.S. Virgin Islands.The West Indies-style house is on a lot measuring nearly three-quarters of an acre with 170 feet of lakefront, according to records kept by the county property appraiser’s office.“I believe the past ownership of the property (at 358 El Brillo Way) will bear no relationship to its future,” Warwick told the Wall Street Journal. “The location and what can be done with it is really what matters.”Meanwhile, the New York City townhouse is located on “one of the most prestigious blocks in the city, East 71st Street between Madison and Fifth Avenues, close to the Frick Collection museum,” the Journal reported.The Neoclassical-style mansion has seven floors and about 28,000 square feet of space.The Palm Beach house has been the target of graffiti at least twice during the past year. Earlier this month the words “Gone But Not Forgiven” were painted on one of its two gates. Graffiti was also reported there in August 2019.The Journal reports that Epstein’s other assets, including an apartment in Paris and a ranch in Mexico, will soon be on the market as well.last_img read more