Todd Glaser, David Edelstein buying one of Palm Beach’s most-expensive estates for $160M

Two spec mansion developers are buying one of Palm Beach’s priciest residential properties to tear it down. Todd Glaser and TriCap’s David Edelstein plan on buying one of Palm Beach’s priciest residential properties for redevelopment. They are under contract to pay $160 million for 911 North Ocean Boulevard, the Wall Street Journal reported. That’s just under the island’s record, set by luxury car dealer Michael Cantanucci, who paid $170 million for his estate in 2023. Late developer and philanthropist Murray Goodman and wife, Joanie, listed the property at 911 North Ocean Boulevard for $185 million late last year. The family […]

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