Epstein's home is reportedly adorned with some ... unsettling decor choices
Jeffrey Epstein lived in what’s reportedly one of the largest private homes in Manhattan, where he allegedly sexually abused underaged girls, an allegation so horrific, real-estate experts say people will go out of their way to avoid walking down the block.
When tragedy or crime occurs at a home, it could take years before it ever sells, even if it’s a high profile residence. And when it does, the buyer usually gets a discount on it, and the market value could take years to bounce back, if it ever does, Anderson says. The house was on the market for two years before it finally sold for a fraction of what Brown Simpson paid for it. She purchased the home for $625,000 and it sold for $525,000, according to Realator.com. And in 1974 when Ronald DeFeo murdered an entire family in the “Amityville Horror House,” it sold for a $250,000 loss in 2017. ‘The property in the short-term would take a significant hit to what its potential would be.
“It’s best to make the house look different from the pictures of it in the media so that people don’t immediately recognize it.” Anderson says, of changing the facade. “Put in more lights or change the color of the walls so there’s a perception that things have changed.” To boost the value of Brown Simpson’s home, it underwent a massive renovation and an address change so prospective buyers wouldn’t associate the condo with its past. It took more than a decade to bounce back selling for $1.72 million in 2006, according to Realator.com.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's how Jeffrey Epstein publicly acquired a $77 million Upper East Side townhouse for $0Epstein's Manhattan mansion is as mysterious as the multimillionaire himself. The townhouse was transferred to Epstein for $0 in 2011.
Read more »
Jeffrey Epstein Offers Court $32 Million Child Pornography Collection As BailNEW YORK—In an attempt to strike a deal that would allow him to stay out of jail while he awaits trial, alleged sex trafficker Jeffrey Epstein offered the U.S. Attorney’s Office in Manhattan a prospective bail package Friday that included a child pornography collection valued at $32 million. “In exchange for permission to stay at his residence on the Upper East Side, my client is presenting as collateral a truly incredible catalogue containing some of the finest child porn available anywhere on the market today,” said the convicted sex offender’s lead attorney, Reid Weingarten, adding that the one-of-a-kind collection of images and videos of underage children being sexually exploited was expertly curated and contained a great deal of rare, highly sought-after content. “We trust this will prove more than sufficient to secure his release on bail, considering any sophisticated collector of pedophilic items would jump at the chance to bid on Mr. Epstein’s materials at auction. Seriously, this is the high-end stuff—many of the subjects depicted are as young as 12, and they’ve been shot by some of the world’s most celebrated child pornographers, including the recently indicted R. Kelly.” At press time, sources confirmed Epstein had changed his mind and rescinded the offer after a period of soul-searching during which he realized he valued the illicit images far more than his personal freedom.
Read more »
Trump Labor Secretary Alex Acosta resigns amid pressure from Jeffrey Epstein sex traffic caseAcosta made the announcement to reporters while standing next to President Donald Trump, less than a week after wealthy businessman Jeffrey Epstein was arrested on new charges of sex trafficking.
Read more »
Why Are We So Obsessed with the Jeffrey Epstein Story?A conversation between our staffers about why everyone is so captivated by Jeffrey Epstein’s downfall
Read more »
More Than a Dozen Jeffrey Epstein Accusers Have Come Forward Since His Indictment“The people we are speaking to are underage victims in Florida and in New York,” says one lawyer. “They are not individuals whose claims have previously been part of any law enfor…
Read more »