Goldman Sachs veteran dealer Michael Daffey can be seen in this undated award photo in London, Great Britain.
Goldman Sachs via Reuters
Former high-ranking Goldman Sachs director Michael Daffey bought a New York City mansion this month for a whopping $ 51 million from the estate of late convicted sex criminal Jeffrey Epstein, his spokesman said Tuesday.
Mr. Daffey had never been to the house before and had never met the owner, but he strongly believes in New York’s future and will take the other side of all those who say that the city’s best days were in the past can lie, ”said Daffey. said Stu Loeser, Daffey’s spokesman.
The sale of the 28,000-square-foot Manhattan mansion generated revenue for Epstein’s estate, opening a fund set up to pay the self-proclaimed victims of the mysterious money manager accused of sexually assaulting dozens of underage girls.
The fund had discontinued offers for compensation of victims’ pre-purchase payments because the estate was short of cash. But payments resumed after the sale of the seven-story, 40-room Upper East Side home last week.
A Jeffrey Epstein home on East 71st Street can be seen on the Upper East Side of Manhattan on July 8, 2019 in New York
Kevin Hagen | Getty images
Daffey paid for the mansion with cash and a bridging loan, Loeser said.
Daffey retired from Goldman this month after 28 years with the company. He had been chairman of the global market division of the investment bank.
Business Insider first reported that Daffey was the buyer of the property, which was originally listed with an asking price of $ 88 million.
On Monday, Epstein’s former mansion and property in Palm Beach, Florida, was sold by his estate for $ 18.5 million to developer Todd Michael Glaser.
About $ 10 million from the Manhattan mansion’s sale went to the Epstein Victims Compensation Fund, which had received more than 175 claims and paid out more than $ 65 million to eligible claimants as of last week, according to the fund’s trustee. , Jordy Feldman. People who have already registered their claim have until March 25 to file a claim for compensation.
“I am pleased to report that the program can now become fully operational after this unfortunate and unexpected delay of several months,” said Feldman last week.
“I am eager to continue the important work of this program and continue to do my utmost to ensure that all eligible claimants receive the compensation and validation they deserve.”
Jeffrey Epstein in Cambridge, MA in 1984.
Rick Friedman | Corbis News | Getty images
British socialite Maxwell is also charged with perjury in a testimony given as part of a lawsuit by an Epstein prosecutor.
Maxwell, who has pleaded not guilty, is being held without bail in a federal prison in Brooklyn.
Her trial is scheduled to begin this summer.