The new owner of Jeffrey Epstein's private islands got them at a steep discount and plans to invest big by turning them into a luxury resort. realestate
reported. After the settlement, his assets were valued around $159 million.
With the purchase, Deckoff plans to construct a “state-of-the-art, five-star, world-class luxury 25-room resort” with the intention of boosting tourism, generating jobs and helping the local economy, according to the release. It also notes that in the past, Deckoff has “built a successful career crafting and executing plans to turn distressed situations into successful enterprises.”
“I’ve been proud to call the U.S. 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 said in a release. “I very much look forward to working with the U.S. Virgin Islands to make this dream a reality.”
The islands’ new owner is currently hiring architects and engineers to turn his vision into a reality, with an anticipated open date in 2025, according to the release.
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