Goldman veteran buys Jeffrey Epstein's New York City mansion for US$51m: report

Published Wed, Mar 17, 2021 · 07:22 AM

[BENGALURU] Goldman Sachs Group Inc veteran Michael Daffey has bought convicted sex offender Jeffrey Epstein's Manhattan mansion for US$51 million, according to a Business Insider report on Tuesday.

The former banker paid cash for the mansion, the report said, adding the proceeds from the purchase will go to a compensation fund meant for late Epstein's victims.

The 2601.3 sqm property, consisting of seven floors was listed for sale in July for US$88 million, the report said.

Representatives of Mr Daffey did not immediately respond to a Reuters request for comment on the matter.

Mr Daffey's purchase comes after he made major gains from an investment in bitcoin, Insider reported, citing people familiar with the former banker's investment activity.

Mr Daffey, who has spent nearly 28 years at Goldman, was chairman of its global markets division until his retirement in March.

A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

REUTERS

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here