Goldman Sachs veteran trader Michael Daffey can be seen in this undated photo, in London, Britain.
Goldman Sachs via Reuters
Former Senior Goldman Sachs Michael Daffey bought a mansion in New York this month for $ 51 million from the estate of convicted sex criminal Jeffrey Epstein, said his spokesperson on Tuesday.
“Mr. Daffey had never been in the house before or met its owner, but he is a firm believer in the future of New York and will take the other side of anyone who says the best days in town are maybe in the past, “said Stu Loeser, spokesperson for Daffey.
The sale of the 28,000 square foot Manhattan townhouse raised revenue for Epstein’s estate, boosting a fund set up to pay self-identified victims of the mysterious fund manager accused of sexually abusing dozens underage girls.
The fund had halted compensation offers for victims’ payments prior to the purchase because the estate lacked cash. But payments resumed in the wake of the sale of the seven-story, 40-room Upper East Side residence last week.
A residence owned by Jeffrey Epstein on East 71st Street is seen on the Upper East Side of Manhattan on July 8, 2019 in New York City
Kevin Hagen | Getty Images
Daffey paid off 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 president of the global markets division of the investment bank.
Business Insider first reported that Daffey was the buyer of the property, which was originally listed for 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 sale of the Manhattan mansion went to Epstein’s Victims Compensation Fund, which last week received more than 175 claims and paid more than $ 65 million to eligible claimants, according to the administrator of the fund, Jordy Feldman. . People who have already registered their claim have until March 25 to file a claim.
“I am pleased to report that the program can now fully resume operations after this unfortunate and unexpected one-month delay,” Feldman said last week.
“I look forward to continuing the important work of this program and remain deeply committed to ensuring 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 accused of perjury in testimony taken in a lawsuit brought by an accuser of Epstein.
Maxwell, who has pleaded not guilty, is being held without bail in a federal prison in Brooklyn.
His trial is scheduled to begin this summer.
