Jeffrey Epstein’s Florida home has sold for $18 million, freeing up more money for the Victims’ Compensation Program to resume making pay-out offers to the dead sex perv’s victims, according to a source.
The sale of the waterfront Palm Beach mansion finally closed Thursday as it was purchased by local real estate developer Todd Michael Glaser, after being under contract for months, a source familiar with the case told The Post.
Glasser has previously said he plans to raze the property — which includes a main house with six bedrooms, a staff house and pool house — and build a new home in its place.
“Palm beach is going to be very happy that it’s gone,” Glaser told the Wall Street Journal in November.
The purchase comes days after Epstein’s 9 E. 71st Street Manhattan townhouse sold for $50 million. Both sales freed up money for the victims’ fund to be replenished by $10 million, Jordana Feldman, the fund administrator announced Friday.
In February, the fund had to pause issuing compensation offers to women who claim they were sexually abused by Epstein after the estate ran out of cash to replenish the fund as it awaited the sales of his properties, aircraft and other assets.
“I am pleased to report that the Program can now resume full operations after this unfortunate and unexpected month-long delay,” Feldman said in a statement. “We have continued to process claims and hold meetings with claimants in anticipation of the resolution of the estate’s liquidity issue, and will begin issuing compensation offers immediately.”
Feldman said that, so far, the program has received over 175 claims and has paid out a more than $67 million to eligible claimants. A deadline has passed for registering for the fund but anyone who is registered and hasn’t filed a claim yet has until March 25, Feldman said.