Jeffrey Epstein’s Caribbean Islands Now Available For $76.5 Million Each
Buyers can still purchase Great St. James and Little St. James together for around a discounted $153 million
2 min
Jeffrey Epstein’s estate is cutting the price of two private Caribbean islands that were owned by the late disgraced financier, according to one of the listing agents.
The islands, known as Great St. James and Little St. James, were first listed as a pair for $125 million in March. They will now be available separately for $76.5 million apiece, representing a 12% reduction in the overall ask, one of the listing agents said. If a buyer wanted to purchase both, they could still do so for a combined $153 million.
Located in the U.S. Virgin Islands, the properties are among the final pieces of Epstein’s sprawling international property portfolio, portions of which have already sold for large sums.
The estate sold Epstein’s Upper East Side Manhattan mansion for $71 million in March 2021, and his Palm Beach home for $25.7 million in March 2021, The Wall Street Journal reported. The Palm Beach home has since been torn down.
Adam Modlin of Modlin Group, one of the agents marketing the islands, said that several potential buyers have expressed interest in the properties, but that there was more interest in them individually than as a pair.
Great St. James, located across the bay from St. Thomas, spans more than 160 acres and has only a small collection of structures as well as a marine preserve known as Christmas Cove, listing materials show.
Little St. James has over 70 acres, a helipad, a private dock, a gas station, two pools, a main residential compound, four guest villas, three private beaches, a gym and a tiki hut.
Epstein, who died in an apparent suicide at a New York detention centre in 2019, was accused by Virgin Islands prosecutors in 2020 of bringing girls as young as 11 to the islands and sexually assaulting them.
Daniel Weiner, an attorney for the Epstein estate, said proceeds from the sale of the islands will go to resolving outstanding lawsuits and the costs of the estate’s operations and will be subject to tax authorities, creditors and other claimants, including liens placed on the properties by U.S. Virgin Islands Attorney General Denise George.
Mr. Modlin is marketing the properties with Bespoke Real Estate and in partnership with a local Virgin Islands firm, Christie’s International Real Estate the Saints.
Epstein’s other remaining properties include a ranch in Santa Fe, N.M., which is listed for $38.3 million.
Copyright 2020, Dow Jones & Company, Inc. All Rights Reserved Worldwide. LEARN MORE
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
3 min
There’s no shortage of design inspiration online but nothing beats the joy of spending an afternoon immersing yourself in a good interior design book. Edited, carefully curated and, above all, designed, these titles take you behind the scenes of some of the world’s most beautiful interiors in a considered way. Think of it like the difference between listening to a few tunes on Spotify versus releasing a thoughtfully crafted studio album. We’ve assembled our top six of interior design books on the market right now for your viewing and reading pleasure.
1. Interiors beyond the primary palette
Step inside the world of award-winning interior design duo Juliette Arent and Sarah-Jane Pyke in this, their first compendium of their work. A ‘best of’ over more than 15 years working together, it’s a masterclass in working with colour and pattern as seen through 18 projects from around the country. With a focus on the idea of home as sanctuary, this hefty tome offers insight into the mind of the designer with points on where to find inspiration, meeting client briefs and the importance of relationships. Thames & Hudson, $120
2 House of Joy
If there was ever a book title for our times, then this is it. With a subtitle of Playful Homes and Cheerful Living, this book champions fun in interior design, with bold and bright homes from around the world to delight and inspire. While there’s a good dose of the unexpected, like a disco ball in the garden, there’s no mayhem in these spaces. Instead, they’re beautifully executed to tempt even the most colour shy. Gestalten, $105
3. Abigail Ahern Masterclass
Some design books are beautiful to look at, and that’s it. This is not one of those books. A master of colour and pattern, UK designer Ahern offers a practical foundational guide to beautiful interiors, mixing form with function in her latest book, Masterclass. Find the inspiration you need to create a gorgeous home. HarperCollins, $65
4. Interiors Now!
Looking for a visual crash course in international design trends with longevity? This is the book for you. Featuring homes across the globe, from New York to Auckland via Avignon, the biggest dilemma for readers is settling on a style. Many of the projects are owned by designers and creatives, lending a dynamic edge to this tome, now in its 40th year. Taschen, $50
5. Home by the Sea
For many Australians, the ocean holds an almost hypnotic appeal. Home by the Sea by Natalie Walton lets you imagine, for a little while at least, what it’s like living the dream in a beach shack in Byron Bay. The book tours 18 homes in and around the region and the hinterland owned by artists, designers and makers. With photography by Amelia Fullarton, it champions the good life. Hardie Grant, $60
6. The Layered Interior
Released last year, this is the third volume from award-winning interior designer Greg Natale. Different in format from his earlier books, the eight projects featured are Australian but with a slight Euro-centric focus. The writing is conversational, almost intimate, inviting the reader into the most luxurious spaces beautifully captured by photographer Anson Smart. This coffee table tome is perfect for dreamers and doers alike. Rizzoli, $110
The pandemic has given us a year of lousy sleep and insomnia. Here’s what to do.
Following the devastation of recent flooding, experts are urging government intervention to drive the cessation of building in areas at risk.
