Todd Michael Glaser

Glaser, an active spec home developer in Miami Beach, turned his sights to Palm Beach in 2017. In February, he and partners Philip Levine, Scott Robins and Jonathan Fryd sold a spec home at 113 Atlantic Avenue for $9.41 million to a scion of the family that founded Cumberland Farms. The partners also developed two spec villas with a courtyard at 237 Brazilian Avenue in Palm Beach, which recently hit the market for $7.9 million each. Glaser has been subject of other real estate headlines over the past year. In July 2021, he and an investment group that included Fryd and Robins closed an $85 million purchase of Tarpon Island, a private island of 2.27 acres off Palm Beach’s Estate Section. Glaser plans to renovate and expand for resale the 1930s-era house on the island, he said. The island was sold by Eileen and William Toll, a private investor. In March 2021, Glaser bought – and later razed – the former Palm Beach home of the late sex offender and disgraced financier Jeffrey Epstein. Glaser has announced plans to develop a house there on speculation, although the property has been listed as vacant land at just under $30 million with a new address – 360 El Brillo Way. Glaser’s latest projects also include plans to build an oceanfront mansion at 1080 S. Ocean Blvd., a couple of blocks south of the house he just sold. He, Fryd and Robins bought that property in late December 2020 for a recorded at $4.6 million and the proposed house is under review by the Architectural Commission. In May 2021, Glaser, Fryd and Robins paid a recorded $16.325 million for a non-landmarked house with plans to renovate it for resale at 576 Island Drive on Everglades Island.