A former Goldman Sachs executive has been identified as the mystery buyer of Jeffrey Epstein’s New York City mansion.
Michael Daffey purchased the 28,000-square-foot Manhattan townhouse for a reported $51 million from the estate of Jeffrey Epstein, the late convicted sex criminal. The home’s sale boosted the estate, as well as the victim’s compensation fund.
“Mr. Daffey had never previously been in the home nor ever met its owner, but he is a big believer in New York’s future and will take the other side of all the people who say the city’s best days may be in the past,” Stu Loeser, Daffey’s spokesman, told the Washington Examiner.
EPSTEIN ESTATE HOLDERS CLOSE NEARLY $50M SALE OF MANHATTAN TOWNHOUSE
Daffey retired earlier in March after 28 years with the company. He previously served as chairman of the investment bank’s global markets division. The victim’s compensation fund was temporarily suspended in February due to a lack of funds.
“Issuing a compensation offer that cannot be timely and fully funded and paid, consistent with the way the Program has operated to date, would compromise claimants’ interests and the guiding principles of the program,” Jordana Feldman, the independent administrator of the estate, said at the time.
The estate was “working to secure additional liquidity” to replenish the fund and resume payouts to victims, Feldman added.
Epstein’s former associate Ghislaine Maxwell, a British socialite, was arrested in July 2020 on charges she participated in recruiting young girls and subjected them to sexual abuse. She has been denied bail twice due to concerns that she is a flight risk, and, after alleging abuse by a federal guard, she is making her third bail attempt.
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Maxwell intends to sell her London home to pay for legal fees. Her trial is scheduled for July.
