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October 27, 2025 - Deals
Todd Glaser Acquires Historic 1834 Hannibal French House In Sag Harbor For $16.25M
SALE
IMAGE: Todd Glaser & Susan Breitenbach
DATE: 10/27/2025
ADDRESS: 186 Main Street
MARKET: Sag Harbor
ASSET TYPE: Single Family
BUYER: Todd Glaser
SELLER'S REP: Susan Breitenbach - The Corcoran Group (@TheCorcoranGroup)
BUYER'S REP: Bespoke Real Estate (@Bespoke.RealEstate)
SALE PRICE: $16,250,000
SF: 6,500 ~ PPSF: $2,500
NOTE: Miami developer Todd Glaser paid $16.25 million for the historic 1834 Hannibal French House at 186 Main Street in Sag Harbor, marking his first major move into the Hamptons. Known for high-end South Florida projects, Glaser said he plans to focus on renovations rather than new builds in the area, calling the Sag Harbor home his wife’s “dream house.”
#NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #ToddGlaser #SagHarbor #SingleFamily #SusanBreitenbach #TheCorcoranGroup
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FOUNDERS: Zach Dell & Justin Lopas
INVESTORS: Addition, CapitalG, Ribbit Capital & Thrive Capital
ROUND: Series D
AMOUNT: $1,000,000,000
VALUATION: $13,000,000,000
HQ: Austin, Texas
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OpenAI Secures Amazon's $50 Billion Investment Commitment In AI Infrastructure DevelopmentOpenAI has secured the completion of Amazon’s $50B investment commitment, with the e-commerce and cloud giant finalizing the remaining $35B tranche of the deal. The investment was part of OpenAI’s record $110B funding round, alongside commitments from Nvidia and SoftBank, and strengthens the company’s AI infrastructure ambitions through deeper integration with Amazon Web Services. CEO/founder information was not included in the provided details.
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INVESTORS: Amazon, Nvidia & SoftBank
AMOUNT: $50,000,000,000
HQ: San Francisco, California
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FOUNDERS: Jonathan Swerdlin, Mark Hyman, Pranitha Patil, Daniel Swerdlin, Seth Weisfeld & Mike Nemke
INVESTORS: General Catalyst & Customer Value Fund
AMOUNT: $450,000,000
HQ: New York City, New York
#VentureCapital #FunctionHealth #GeneralCatalyst #CustomerValueFund #TradedVC