Brandon Zarco, Todd Michael Glaser

Photo Credit: Romain Maurice

Glaser’s success throughout the decades required him to find the right individual to help him with the next phase of his business, which he found in Zarco. “Brandon is here to help me manage and grow my development and owner’s rep company,” he said. In just the first four months of 2021, the team has transacted on $170M of real estate.

Zarco added, “Todd’s expertise is in very high demand. Our process is intentional and systematic. We don’t build fast; we build efficiently.” Glaser said, “We would like to take on more projects, but we are nearing capacity. We need to grow.” This is where the Glaser-Zarco dynamic comes in.

If the last name of Glaser’s new deputy sounds familiar to Haute Living readers, it’s not a coincidence: he’s the son of a long-time Haute Partner, attorney Robert Zarco.

The interview session was a short glimpse into the day-to-day rapport Glaser has  developed with Zarco, each of them complimenting and complementing the other’s talents and sentences, respectively.

Glaser saw the development experience Zarco acquired with the builders of The Four Seasons at The Surf Club, The Four Seasons Fort Lauderdale, and The Four Seasons Palm Beach as he considered and promptly brought him into the fold. Zarco achieved his MBA at the Robert H Smith School of Business at the University of Maryland, College Park with a focus on Finance, and later honed his skills in Washington D.C. where he spent a few years in real estate banking.

Photo Credit: Romain Maurice

“I saw a lot of me in him,” said Glaser, as he identified Zarco’s qualities. “There’s a lot of serendipity between us. His grandmother, an interior designer that predominantly worked with one wealthy family her entire career, gave Brandon his first design book for his Bar Mitzvah when he was 13 years old. It was a Zaha Hadid book. Years later, I co-developed the building, [One Thousand Museum by Zaha Hadid Architects in Downtown Miami].”

On that building, with a little prompting, Glaser added proudly, “It’s the best building in the world. There’s no residential building like it.”

Looking into the future, “The next chapter of Todd Michael Glaser 2.0 will focus on ‘Legacy Properties’,” said Zarco. “Our Palm Beach acquisitions approach is currently centered on procuring and developing uniquely positioned legacy properties. There are a few in the pipeline that we are excited to bring to market throughout 2021 and early 2022.”

Famous for purchasing historic estates in Palm Beach, Glaser and his wife, Kim, bought Villa Fontana, located at 127 Dunbar Road, for $17 million in mid-2020, and sold it in March of this year for $28 million. Keeping up with the efficiency rate he employs, Glaser added that they already have new, “Haute Living spectacular,” projects to acquire into their growing portfolio. To start, Glaser recently put under contract 10 Tarpon Isle, a 2.26 acre private island accessible via private bridge in the heart of Palm Beach with 1300’ of waterfront located just 0.5 miles south of Worth Avenue.

Tarpon Island, Palm Beach County, FL

Photo Credit: Jay Bruns

An impressive detail to highlight about Glaser is that he knows the addresses of every one of his projects, radiating a paternal tone in his approach to each of them. More directly, he said, “I’m good with numbers and making my partners money. We have a great track record. I’ve been fortunate to have great partners throughout my life, including Alan Lieberman, Scott Robbins, Craig Robbins, Jerry Robbins, Armin Mattli, Jared Posner, Sean Posner, Rony Seikaly, Jonathan Fryd, and David Lombardi to name a few.”

One of Glaser’s top projects at the moment is a collaboration between architecture firm Kobi Karp, high-end furniture brand Artefacto, and Todd Michael Glaser, located at 394 S Hibiscus Drive. It’s the first endeavor between the three companies.

On their goals for the rest of 2021, as an active third of the year is in the books, Zarco said, “We’re in the process of restructuring and streamlining the operations of the business in a way that invites scale while maintaining the highest level of quality and unmatched style. Over the years, Todd has built a tremendous brand for himself. We want to take that brand, and coupled with newly envisioned legacy properties, be able to expand, so when people from anywhere in the country hear ‘Todd Michael Glaser’ they know the type of business and excellence of product that we provide.”

As the dialogue was coming to a close, the last question for Glaser generated his fastest response: Would you choose one of those $50 million waterfront homes in Palm Beach or the $50 million estates in The Hamptons? His answer, “I’m a Palm Beach guy.”

The post Todd Michael Glaser 2.0: Shaping a Legacy appeared first on Haute Residence by Haute Living.

Photo Credit: www.shutterstock.com

How has the luxury real estate market in your market been performing so far in 2020?

Residential sales Jan 2020 vs. Jan 2019:

• 22 sales vs. 21
• +$96M sales volume vs. +$53.5M: 79% increase
• average sale price +$4.37M vs. +$2.5M: 71% increase.

Condo sales Jan 2020 vs. Jan 2019:

• 29 sales vs. 18: 61% increase
• +$47.4M sales volume vs. +$15.5M: 204% increase
• average sale price +$1.6M vs. +$865,000: 88% increase

What are buyers looking for in their homes in your market in 2020?

New construction and renovated homes

Which has been a highlight sale for you so far in 2020?

The highlight of our 2020 has been the closing of 113 Atlantic Avenue, Palm Beach – representing the Buyer of this new Mediterranean construction on the ocean block, in-town home. Convenient location on large lot. 

301 Indian Road: represented the Seller of this land sale on the northernmost edge of Palm Beach Island, the perfect opportunity to build a dream home!

Are there any new restaurants or other spots in your market you’ve been loving lately?

Yes, Palm Beach has more restaurants opening this year than any year in the past. LoLa 41 from Nantucket, Almond from Bridgehampton, Shifty’s from NYC, and a new location for Italian dining, Trevini.

It’s time for spring break. What is a fun activity in your market?

One of Palm Beach’s best activities is going to the beach. Lucky for us, we can go to the beach at any time of the year! We find that spring breakers love the beach too! With our influx in population from 10,000 to +30,000 in season, the beach is a hot spot, along with delicious al fresco dining and the beautiful Vias of Worth Avenue. 

Photo Credit: www.shutterstock.com

The post Luxury Real Estate And Spring Break Season In West Palm Beach, Florida appeared first on Haute Residence by Haute Living.

Best Intracoastal views in Palm Beach with floor to ceiling glass doors leading to a huge 2,979 sq ft terrace. Amazing water views to the north, west and south sides. See the boats and enjoy the sunsets from your private outdoor space atop the Tower Vallandry Condominium situated on the northwest tip of Ibis Isle. Breathtaking views from all rooms. Spacious 3 bedroom, 3 bathroom offers all hurricane doors, newer kitchen and baths, granite flooring, a huge living room, and a separate dining room. Only 2 apartments share the Tower floor with the elevator opening to a private vestibule. This 22 unit building has a doorperson and covered parking. First time on the market in decades. Ibis Isle has 2 pools, lots of green space, and is located across A1A from Phipps Ocean Park and the Palm Beach Tennis Center. Short drive to Palm Beach Par 3 Golf Course, Worth Avenue, restaurants, and cultural centers.

For more information, please contact Pamela Gottfried And Joan Wenzel at 561.371.5700 or pamela.gottfried@elliman.com and joan.wenzel@elliman.com

Pamela Gottfried And Joan Wenzel are the exclusive agents representing the Palm Beach, FL market as members of the Haute Residence Real Estate Network. View all of their listings here.

Photo Credit: Douglas Elliman Real Estate

Photo Credit: Douglas Elliman Real Estate

Photo Credit: Douglas Elliman Real Estate

The post Pamela Gottfried and Joan Wenzel Present An Amazing Palm Beach Residence appeared first on Haute Residence by Haute Living.