JEFFREY Epstein’s $22million in Palm Beach, Florida – where the wealthy financier is said to have abused dozens of girls – is going to be demolished.
Todd Michael Glaser, the developer of the property, said he’s signed a contract with Epstein’s estate to buy the land.
Glaser told The Wall Street Journal in an article published on Monday: “Palm Beach is going to be very happy that it’s gone.”
The waterfront property in Palm Beach was listed in July for $21.995million after it was bought by Epstein in 1990 for $2.5million.
Within the 14,000-square-foot home is a main house with six bedrooms, a three-bedroom staff house, and a pool house.
Authorities have said that at least 40 girls were brought to the mansion for what turned out to be sexual encounters.
Glaser said the deal on Epstein’s property is set to close in December.
The developer added he has plans to demolish the home and replace it with an entirely new house.
Glaser wouldn’t disclose how much he and his partner bought the property for, but said they purchased it at a discount.
However, someone else close to the deal told the Journal the property cost around $18million.
In July, the home was vandalized with bright red paint that read in all capital letters: “Gone but not forgiven.”
Some of the paint dripped downward on the front fence, making it look like dripping blood.
Epstein was arrested in August 2019 at the age of 66 and soon after killed himself while in federal custody at the Metropolitan Correctional Center in New York.
Epstein had a large property portfolio, which included homes throughout the world.
He owned a townhome in New York City, an apartment in Paris, a ranch in New Mexico, and a private island located in the US Virgin Islands.
These properties are also expected to hit the market.
Epstein’s secluded property in Stanley, New Mexico, known as the Zorro Ranch, included a massive residence that he built decades ago.
A 4,000-square-foot courtyard, a living room roughly the size of the average American home, and a nearby private airplane runway were included in the plans for the property.
Records show Epstein bought the ranch, valued by county officials in 2019 at over $12million, from the family of former Governor Bruce King, who died a decade ago.
Aerial images of the property show an airplane hangar and landing strip, as well as several structures that appear to serve as small homes, and stables can be publicly seen.
Epstein’s 28,000-square-foot in New York City was listed by Adam Modlin, of Modlin Group, was described as a Neoclassical mansion.
It includes “seven floors, with oak entry doors, imported French limestone with carvings, sculptural figures, and ornamental ironwork.”
There’s said to be a room “with an elaborate video surveillance system” on the property.
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