If Jeffrey Epstein's NYC mansion hits the market, its value will likely have 2 driving forces against it: A slow luxury market, and its tainted history

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If Jeffrey Epstein's home hits the market, it will have two driving forces against its value: a slow luxury market and ties to an alleged crime.

Jeffrey Epstein was arrested on July 6 on suspicion of engaging in sex acts with minors in his Manhattan mansion and other homes. The government is now trying to seize the NYC mansion, according to Bloomberg. After a home is forfeited by the government, it is listed on the public market. If Epstein's mansion is successfully seized, history predicts the current market will be far from welcoming.

Jeffrey Epstein was arrested on July 6 on suspicion of engaging in sex acts with minors in his Manhattan mansion and other homes. The government is now trying to seize the NYC mansion, according to Bloomberg. After a home is forfeited by the government, it is listed on the public market. If Epstein's mansion is successfully seized, history predicts the current market will be far from welcoming.

 

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