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Jeffrey Epstein's Island And The Eye Popping Initial Listing Price

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Manage episode 523488971 series 3380507
Content provided by Bobby Capucci. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bobby Capucci or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In late 2019, the Epstein estate first put Little St. James and neighboring Great St. James on the market together for a combined asking price of $125 million, an amount that immediately drew criticism and disbelief. The listing treated the islands as ultra-luxury assets, emphasizing development potential while making only passing reference to their notoriety, effectively attempting to price the stigma out of the deal.
That eye-popping figure quickly proved detached from reality. Buyer interest was minimal, the listing stagnated, and the estate was eventually forced to slash the price, first breaking the islands apart and later relisting Little St. James alone at a dramatically reduced figure. The failed $125 million ask became emblematic of the estate’s broader strategy: inflate value, delay consequences, and pretend that money and time could launder a crime scene into a neutral piece of real estate.
to contact me:
[email protected]
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
  continue reading

1040 episodes

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iconShare
 
Manage episode 523488971 series 3380507
Content provided by Bobby Capucci. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bobby Capucci or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In late 2019, the Epstein estate first put Little St. James and neighboring Great St. James on the market together for a combined asking price of $125 million, an amount that immediately drew criticism and disbelief. The listing treated the islands as ultra-luxury assets, emphasizing development potential while making only passing reference to their notoriety, effectively attempting to price the stigma out of the deal.
That eye-popping figure quickly proved detached from reality. Buyer interest was minimal, the listing stagnated, and the estate was eventually forced to slash the price, first breaking the islands apart and later relisting Little St. James alone at a dramatically reduced figure. The failed $125 million ask became emblematic of the estate’s broader strategy: inflate value, delay consequences, and pretend that money and time could launder a crime scene into a neutral piece of real estate.
to contact me:
[email protected]
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
  continue reading

1040 episodes

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