Arthur Becker’s Latest Real Estate Project

Arthur Becker has been involved in a number of real estate projects around New York. Usually he is happy to work behind the scenes on his real estate developments, however, he is now front and center on his newest project. He has filed plans with the New York State Attorney General’s office that details his plans to build an eight-unit residential building in the coveted neighborhood of Washington Street in Tribeca. The project is estimated to be worth $52.5 million. Read article: https://therealdeal.com/2016/08/30/tech-mogul-arthur-becker-gets-trio-of-townhouses-for-stake-in-soho-project/

Mr. Arthur Becker owns an art studio next door to the property where he works on his own art projects. In an interview, he said that his new project will be an “artisanal, boutique building” that will have its interiors designed by the celebrated designer Paris Forino. He went on to say that he loves this part of Tribeca and the size of the building is something he can handle on his own.

After the building is completed it will have seven apartments and a penthouse duplex. The apartments will be about 2,000 square feet each while the penthouse will be 4,000 square feet. The apartments are expected to sell for around $5-7 million and the penthouse is expected to fetch $14 million.

Arthur Becker has invested about $500 million in the New York City luxury real estate market over the last several years. He also invests in properties in Miami, Florida. He made most of his fortune in the tech industry, having led both Navisite as the Chief Executive Officer and Board Member as well as Zinio, LLC as its Chairman of the Board and CEO. He has also been a senior advisor the Vera Wang fashion empire, as well as starting his career managing a macadamia nut orchard in Hawaii, that can be found on NYMag.com.

Another long-term interest of Arthur Becker has been art, including majoring in the field at Bennington College. He also holds an MBA that he earned at the Tuck School of Business at Dartmouth. His art features his work with ceramics and photography. His artwork has been featured at Art Basel in Switzerland, Arcature Fine Art in Palm Beach, Florida, and in a number of venues in New York.

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