https://nypost.com/2024/01/02/news/what-happened-to-jeffrey-epsteins-private-island-little-st-james
The new owners of the late financier’s playgrounds of perversion in the US Virgin Islands — known informally as “Pedophile Island” — are working to transform them into a glitzy new resort.
Billionaire Stephen Deckoff paid $60 million for Great St. James and Little St. James, with the smaller of the two hosting Epstein’s former estate.
According to reports, the co-founder of Black Diamond Capital Management hopes to inaugurate the new attraction sometime in 2025.
The islands were initially listed for $125 million in 2021, with the bulk of the proceeds supporting compensation efforts for Epstein’s victims.
They failed to land a buyer, and the price was slashed to $110 million in 2022 before Deckoff pounced in May of last year.
Much of the property on Little St. James will be refashioned, but Deckoff reportedly will not raze Epstein’s former residence.
Instead, developers plan to “convert” it into a glittering hotel. “I’ve 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,” Deckoff told the Financial Times in May after the buy.
Reportedly worth $3 billion, Deckoff augmented his already sprawling real estate portfolio with the purchases of 165-acre Great St. James Bay and 70-acre Little St. James Bay.
The finance titan lives in a $12 million waterfront estate in St. John ‘s Peter Bay, and owns other trophy properties in Beverly Hills and New York.