Arthur Becker: an innovative Investor in Real Estate, Bio Tech and Finance

Arthur Becker is one of the top investors and developers in the property space. His investment portfolio also spans to technology and finance. Becker launched his career as a homebuilder; afterwards, he managed Macadamia Orchard and finally ventured into tech and finance.

According to Wikipedia.com, for a long period, Becker has been a financier of top developers. However, he has lately decided to solely develop a condominium project. Based on the offering plan filed with the office of New York State Attorney General, the project consisting eight units and expected to yield $52.5 million will be built in 465 Washington Street in Tribeca.

Paris Forino is the interior designer of the Tribeca boutique project. On completion, the building will consist of a duplex penthouse and seven simplex apartments measuring between 2,000 to 4,000 square feet. The projected price per square foot ranges from $2,200-$3,200. The price of penthouse units is expected to be between $5 million to $14 million.

The condominium project is not the only venture that the tech mogul has undertaken in the city. Early in 2012, Peter Moore was embattled in a $4.7 million foreclosure suit, forcing him to sell his 465 Washington to Becker at a cost of $6.1 million. In addition, Becker also acquired an adjacent building at 471 Washington to enable him transform the building into a five story.

Real Capital Analytics estimates that Becker’s investment in New York City is worth over $550 million. Notably, he has invested heavily in JDS Development Group. The investor-turned-developer has also invested a colossal amount of money in supertower at 111 West 57th Street. Other notable developments that Becker has financed include PMG, condo development at 10 Sullivan Street and assemblage at 251-259 Third Avenue.

About Arthur Becker

Born in 1950 in Brooklyn, NY, Arthur attended Bennington College, graduating with a BA in Fine Arts. He also went to Tuck Business School in Dartmouth. Currently, he serves as the managing member of Madison Partners, LLC, a firm that invests in Bio Tech startups and real estate http://madisonpartners.nyc/about-arthur/ . Earlier, Becker was chairman and CEO for Zinio, LLC. He also worked at Vera Wang Fashion Company as a senior Advisor and NaviSite as the CEO.

For more info you can visit Arthurbeckerstudio.

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