National Post (National Edition)

Epstein's Florida mansion to be razed

-

Jeffrey Epstein's notorious mansion in Palm Beach, Fla., which is reported to have been the scene of many of the allegation­s of sexual abuse, is set to face the wrecking ball.

The 14,000-square-foot, six-bedroom home complete with huge swimming pool and sea views, was put on the market in July for $22 million.

“Palm Beach is going to be very happy that it's gone,” Todd Michael Glaser, the developer who bought the mansion, told the Wall Street Journal, which reported the sale.

The home features heavily in Filthy Rich, Netflix's docuseries examining Epstein's life and crimes.

Epstein is reported to have bought the Palm Beach property in 1990 for $2.5 million.

It took some time for the property to sell, the Miami Herald reported, with its reporters remarking, after a recent tour of the area, that it is “older and boxy, lacking the eccentrici­ties of other homes on the block.” Its asking price was much lower than what other area properties would command, the Herald said.

Glaser, the developer who bought the property, told the Wall Street Journal that he will demolish it after the deal closes next month.

He bought it for $18 million — $4 million below asking.

Glaser said he will build an Art Moderne-style home of similar size on the site.

As well as the main area, the property contains a staff house with three bedrooms, a pool house and views of the Everglades islands.

In total, Epstein owned six properties, including a New York City apartment.

The 66-year-old financier was found hanged in his Manhattan jail cell in August 2019, while awaiting trial on sex traffickin­g charges. He was accused of abusing women and girls in Manhattan and Florida from 2002 to 2005. He had pleaded not guilty.

His death was ruled a suicide.

The Miami Herald reported that any profits from the sale of the properties will go toward compensati­on for the financier's accusers, via the Epstein Victims Compensati­on Fund, which was set up in June.

Epstein's mansion isn't the only notorious local property: the mansion once owned by fashion mogul Gianni Versace, murdered in 1997, is nearby, and is often visited by tourists.

Newspapers in English

Newspapers from Canada