The extensive and eclectic real estate portfolio, amassed over the course of several decades, was an assortment of properties that included a lavish townhouse in Manhattan, a waterfront estate in Palm Beach, Florida, private islands in the Caribbean, a prestigious apartment in Paris, and a sprawling ranch in New Mexico.

However, following the demise of its owner, the late and disgraced financier who was convicted of sex offenses, Jeffrey Epstein, this opulent property empire has been gradually sold off in individual pieces.

Jeffrey Epstein tragically died by suicide in his New York jail cell before facing trial on federal sex-trafficking charges in 2019. Since 2020, his estate has successfully sold off all five of his properties, with a commitment to allocating approximately $150 million of the proceeds to alleged victims of sexual assault. The last of these five sales was finalized in August.

The diverse range of buyers acquired these properties, with some securing significant discounts while others paid close to the original asking prices. Unlike other instances of financial wrongdoing, such as the Bernie Madoff scandal, the Epstein case had a more pronounced impact on property values. According to Pamela Liebman, the CEO of the Corcoran Group, a prominent brokerage firm, Epstein’s actions generated a deeper sense of disgust among the public. When touring an Epstein property, people were often reminded of the unfortunate victims, which created a distinct emotional response. In contrast, Madoff’s financial crimes didn’t evoke the same visceral reaction.

Cody Vichinsky of Bespoke Real Estate, one of the firms involved in the sale of Epstein’s estate, acknowledged the presence of an “Epstein discount” but also noted that for those who could overlook the discomfort associated with his name, these properties held substantial underlying value.