Jeffrey Epstein’s Caribbean islands, where he is accused of holding underage sex parties and other debaucheries, are slated for a major rebranding.
The new owners of the late financier’s perversion yards in the US Virgin Islands, known informally as “Pedophile Island,” are working to transform them into a glitzy new resort.
Billionaire Stephen Deckoff paid $60 million for Great St. James and Little St. James, with the smaller of the two housing Epstein’s former estate.
The co-founder of Black Diamond Capital Management reportedly hopes to open the new attraction sometime in 2025.
The islands were initially listed for $125 million in 2021, with most of the proceeds going toward compensation efforts for Epstein victims.
They failed to find a buyer and the price was reduced to $110 million in 2022 before Deckoff swooped in in May of last year.
Epstein, who hanged himself in a Manhattan jail cell in 2018, organized a parade of prominent figures that he brought into his orbit at the site for many years.
A temple on Jeffrey Epstein’s private island, Little St. James. Splashnews Jeffrey Epstein and his accomplice Ghislaine Maxwell trafficked underage girls for sexual purposes. ZUMA24.com
Since Epstein’s death, hundreds of women around the world have reported that they were sexually trafficked to the islands and abused, often when they were minors, after Epstein or one of his henchmen, such as his ex-girlfriend and The Fixer Ghislaine Maxwell.
A judge is expected to reveal a trove of documents related to the former jet-setting finance bigwig’s activities as soon as Tuesday.
Much of the property in Little St. James will be redeveloped, but Deckoff will reportedly not raze Epstein’s former residence.
Instead, the developers plan to “convert” it into a shiny hotel.
FBI agents are seen on Little St. James Island, one of the properties of the late financier Jeffrey Epstein, in the US Virgin Islands, on August 12, 2019, in this image obtained through social media. REUTERS
“I have been proud to call the US Virgin Islands home for more than a decade and am tremendously pleased to be able to develop the area into a world-class destination befitting its natural grace and beauty,” Deckoff told the Financial Times in May after purchase.
Reportedly worth $3 billion, Deckoff increased his already extensive real estate portfolio with the purchase of the 165-acre Great St. James Bay and the 70-acre Little St. James Bay.
The finance titan lives in a $12 million oceanfront property in St. John’s Peter Bay and owns other trophy properties in Beverly Hills and New York.
An American flag flies next to a pool on Little St. James Island, one of financier Jeffrey Epstein’s properties, in an aerial view, near Charlotte Amalie, St. Thomas, U.S. Virgin Islands, July 21, 2019. REUTERS
Epstein purchased Little St. James, which would become the center of his misconduct, for just $7.95 million in 1998. He later purchased Great St. James in 2016 for nearly $20 million, although he never significantly developed it. before his death.
The smaller island housed five buildings, including Epstein’s main luxury villa, a library, a theater, a cinema and a bathhouse.
According to a previous real estate listing, “Epstein Island” also included “a helipad, private dock, gas station, high capacity water filtration, 2 pools, main resort, 4 guest villas, 3 private beaches, gym, cabana tiki,” and other structures.
Epstein watchers have long scrutinized a large temple-like property on the island that features a golden dome, a blue-and-white striped exterior and a statue of the Greek god Poseidon.
Ghislaine Maxwell was a frequent presence on the island property. SDNY The new complex is scheduled to open in 2025. AP
Working with his accomplice Ghislaine Maxwell, Epstein greeted a procession of high-powered global figures who arrived at the property, including former President Bill Clinton and Prince Andrew.
Maxwell, who remains imprisoned in Florida, helped procure underage girls to satisfy the desires of Epstein and some of his associates, authorities said.
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Source: vtt.edu.vn