Jeffrey Epstein's property in the US Virgin Islands, known for his scandals, is under renovations, image makeover and rebranding. After billionaire Stephen Deckoff bought the Caribbean Islands of Great St. James and Little St. James for $60 million, he ordered for reconstruction of many parts. He hopes to inaugurate the new attraction sometime in 2025.
Earlier in 2021, these small islands were listed for $125 million, with the bulk of the proceeds supporting compensation efforts for Epstein’s victims. But the islands could not attract a buyer, and the price was slashed to $110 million in 2022 before Deckoff pounced in May of last year.
Want a Loan? Get cash against your Mutual Funds in 4 hours
Jeffrey Epstein, who hung himself in a Manhattan jail cell in 2018, allegedly hosted a parade of prominent figures he brought to the site over many years. Hundreds of women from across the world came forward to complain that they were trafficked to the islands and abused. They said that they were promised modeling contracts or better lives by Epstein or one of his cohorts, like ex-girlfriend and fixer Ghislaine Maxwell. Most of them were underage at that time.
'Epstein Island' includes a helipad, private dock, gas station, high-capacity water filtration, 2 pools, the main compound, 4 guest villas, 3 private beaches, a gym, a tiki hut and other structures.
Now, developers plan to convert the property into a glittering hotel. Talking to the 'Financial Times', Deckoff said, «I have been proud to call the US Virgin Islands home for more than a decade and am tremendously pleased to be able to bring the area a world-class destination befitting its natural grace and beauty.»
He has increased