The Manhattan townhouse of the late financier and convicted sex offender Jeffrey Epstein is reportedly contracted to sell for nearly $50 million.
If the home sells, it will be the most expensive real estate deal closed in New York City in the past year, according to the Wall Street Journal, citing two people familiar with the matter.
The house is about 28,000 square feet and spans seven stories. Entry doors are made from oak, and other elements of the home include imported French limestone with carvings, sculptural figures, and ornamental ironwork.
The building dates back to the 1930s and was commissioned by Herbert Straus, an heir to the Macy’s department store fortune.
‘HORRENDOUS’: MERRICK GARLAND SAYS EPSTEIN SHOULD HAVE BEEN ‘VIGOROUSLY PROSECUTED’ MUCH SOONER
Billionaire retail tycoon Leslie Wexner, who was once a close associate to Epstein, previously owned the home.
Epstein paid $20 million for the townhouse in 1998, according to a person familiar with the situation. His home reportedly came on the market for $88 million in July 2020, and the price was later lowered to $65 million before the most recent deal.
The late financier died after an apparent suicide in jail in 2019 before standing trial on federal sex-trafficking charges.
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER
Proceeds from the sale will enter his estate, which has formed a compensation fund to adjudicate claims from Epstein’s alleged victims.
