Epstein’s islands sold to finance buyer planning luxury resort

Jeffrey Epstein held court over the two hideaways, which locals called “Paedophile Island” and “Orgy Island”. (Image: New York State Sex Offender Registry, AP)
Bloomberg
By Jennifer EpsteinThe pair of Caribbean islands that belonged to Jeffrey Epstein, the former financier accused of sex trafficking, have sold to a buyer who plans to build a luxury resort that can break free of the land’s sordid past.Stephen Deckoff, through his SD Investments, is buying Great St James and Little St James in the US Virgin Islands. The properties sold for a combined price of US$60 million (NZ$96m), according to Bespoke Real Estate, which had the listing with the Modlin Group. Epstein was accused of trafficking yo...

More Property

Underfunding of Standards NZ a safety risk: Engineers
Property

Underfunding of Standards NZ a safety risk: Engineers

But NZ is too small to self-fund standards development, the agency says.

Jennian Homes, GJ Gardner in Auckland Council trial
Property

Jennian Homes, GJ Gardner in Auckland Council trial

The year-long pilot aims to cut the number of inspections and speed up home building.

Maria Slade 10 Jun 2025
Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025