In a recent interview with The Real Deal, Arthur Becker divulged his plans for an artisan boutique real estate development in TriBeCa (“The Triangle Below Canal Street”). The two-year project is expected to include seven simplex apartments and one penthouse duplex, ranging from 2,000 to 4,000 square feet. He has enlisted the services of interior designer Paris Forino to bring in the unique blend of high-end aesthetics for which Manhattan is well known.
Mr. Becker revealed that “he acquired the property at 475 Washington Street for just over six million dollars in 2012. A desire to increase the scope of his project led him to purchase the development rights of the adjacent property at 471 Washington Street and a 30-foot easement from his neighbors to the rear.” Arthur Becker takes the time to study market trends carefully before delving into new projects and their potential profitability. He has invested in other luxury projects though completed are not yet ripe for the market, but he intimates that this new project will fulfill a greater purpose. He said, “Despite the slowdown in the luxury market, the concept of micro-neighborhood developments is appealing. The TriBeCa project is an opportunity to create greater exposure and recognition for me as an individual investment developer.”
The educational background of Arthur Becker gave him the entrepreneurial and artistic inspiration that has led to his impressive achievements. He earned a Bachelor of Arts Degree in Fine Arts from Bennington College. He completed postgraduate studies in Business at the Tuck School of Business at Dartmouth College. For more info you can visit his Crunchbase.
Arthur Becker is the current Chairman and Chief Executive Officer for Zinio, L.L.C.; a Manging Member at Atlantic Investors, L.L.C.; and Managing Director for Madison Technology Group, L.L.C. http://madisonpartners.nyc/ He is a man of many talents and abilities. In addition to his business acumen, he is well versed in the fine arts and a skilled photographer. Arthur Becker has had exhibitions of his artistic works at several fine art museums. His well-planned investment and technology exploits has made possible the inevitability of continued success in a whatever path or venture he chooses to indulge going forward.
Check out his page: arthurbeckerstudio.com