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New Epstein files suggest business deals with banker Andrew Farkas and Commerce chief Howard Lutnick

Thomas Smith
4 Min Read

Newly released records from the so-called Epstein files have renewed scrutiny of the financier’s business relationships, with documents suggesting possible commercial arrangements involving prominent real-estate executive Andrew Farkas and Commerce Secretary Howard Lutnick.

The trove — a massive Justice Department release that researchers and journalists say runs into the millions of pages — includes emails, schedules and transactional notes that reporters say show sustained contact between the late financier and a wide circle of wealthy associates. The files contain references to a marina joint venture and to social and logistical planning that critics say raises questions about how deep some of those ties ran.

Among the most closely watched entries are exchanges tied to a St. Thomas marina that, according to reporting, was developed through a business relationship between Epstein and Andrew Farkas. Documents and earlier reporting say the two discussed splitting ownership and coordinating marina operations near Epstein’s private island — a business link that has come under renewed attention as investigators and journalists comb the records for patterns of financial and social association.

Separately, the files contain email threads and calendar notes that appear to connect Epstein with Howard Lutnick, including references to meetings, a proposed lunch and logistical details for a 2012 visit to a property near Epstein’s island. Those revelations prompted bipartisan calls from lawmakers for answers about the nature and timing of Lutnick’s contacts with Epstein, and for scrutiny of statements Lutnick previously made about when he had ceased socializing with Epstein.

Reaction from the Hill was swift. Several members of Congress — from both parties — urged committee appearances or even Lutnick’s resignation, arguing the newly visible email threads contradict earlier public statements that contact had ended years earlier. Lutnick’s office has pushed back in media statements, describing interactions as limited and disputing any implication of wrongdoing; investigators and ethicists say the material raises questions that merit further review even if it does not itself prove illegal conduct.

Journalists and legal analysts caution that the presence of names and messages in the files does not automatically establish criminal liability. The Justice Department’s release includes raw, often unverified material — drafts, informal notes and third-party comments — and experts say distinguishing between business correspondence, social banter and evidence of illicit activity requires careful corroboration. Still, the pattern of repeated mentions and transactional details has kept the stories in the headlines and amplified demands for transparency.

Both the marina reporting and the emails about Lutnick have spurred follow-up reporting by outlets that first flagged the entries; those pieces point to documentary snippets that investigators and reporters are now trying to corroborate through bank records, witness interviews and other contemporaneous files. As oversight committees and newsrooms continue to parse the documents, officials tied to the administration and to private business interests are likely to face more questions about what the records show — and what they do not.

What to watch next

  • Whether congressional committees issue subpoenas or call witnesses to explain the newly disclosed documents.
  • Reporting that either corroborates or contextualizes the purported marina deal and the email references through independent financial or travel records.
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