Goldman Sachs executive Daffey buys Jeffrey Epstein’s New York mansion

Veteran Goldman Sachs trader Michael Daffey is featured in this photo from an undated brochure in London, Britain.

Goldman Sachs via Reuters

Former senior Goldman Sachs executive Michael Daffey bought a New York City mansion this month for a whopping $ 51 million from the estate of the late sex criminal Jeffrey Epstein, his spokesman said Tuesday.

“Mr. Daffey had never been to the house or met its owner, but he strongly believes in the future of New York and will stand on the other side of all the people who say the best days in the city may be in the past.” . said Stu Loeser, a Daffey spokesman.

The sale of the 28,000-square-foot townhouse in Manhattan generated income for the Epstein estate, which started a fund created to pay the self-identified victims of the mysterious money manager who was accused of sexually abusing dozens of underage girls. old.

The fund had stopped offering compensation to victims’ payments prior to the purchase because the estate was short on cash. But payments resumed immediately after the sale of the seven-story, 40-room Upper East Side residence last week.

A residence belonging to Jeffrey Epstein on East 71st street is seen on the Upper East Side of Manhattan on July 8, 2019 in New York

Kevin Hagen | fake images

Daffey paid for the mansion with cash and a bridge loan, Loeser said.

Daffey retired from Goldman this month after 28 years with the firm. He had been president of the investment bank’s global markets division.

Business Insider first reported that Daffey was the buyer of the property, which was originally listed with a starting price of $ 88 million.

On Monday, Epstein’s former mansion and estate in Palm Beach, Florida, was sold for its estate for $ 18.5 million to developer Todd Michael Glaser.

About $ 10 million from the sale of the Manhattan mansion went to the Epstein Victims Compensation Fund, which as of last week had received more than 175 claims and paid more than $ 65 million to eligible claimants, according to the administrator. in the background, Jordy Feldman. . People who have already registered their claims have until March 25 to submit a claim for compensation.

“I am pleased to report that the Program can now resume full operations after this unfortunate and unexpected month-long 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 applicants receive the compensation and validation they deserve.”

Jeffrey Epstein in Cambridge, MA in 1984.

Rick Friedman | Corbis News | fake images

British socialite Maxwell is also charged with perjury in testimony taken as part of a lawsuit by an Epstein prosecutor.

Maxwell, who has pleaded not guilty, is being held without bond in a Brooklyn federal jail.

His trial is scheduled to begin this summer.


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