Arthur Becker is a venture capitalist who enjoys investing in biotechnology, information technology, and residential real estate properties in Miami and New York. He also has extensive experience in startups, and mergers and acquisitions.
According to Wikipedia, he currently functions as the Managing Director of Madison Technology Group, an investment firm specializing in the preliminary biotechnological development, as well as property investment.
In an article on NY Daily News, from his education and training, Arthur Becker received a B.A degree in Fine Arts from the Bennington College, with a specification on Ceramics and Photography. He then went on to study Business at the Tuck School of Business at Dartmouth. He began converting old style American houses in New England before resuming his career in photography during the 1990s.
During the tenure of his career, he has been involved as a top executive in renowned technology and investment firms such as Atlantic Investors, ClearBlue Technologies, Navisite, and ZINIO. During his tenure at Navisite and ZINIO, he expanded his real estate interests and initiated condominium developments in New York and Miami.
His expertise in the management of residential real estate portfolios has enabled him to work with some of New York’s successful property developers such as Kevin Maloney, Michael Stern, and Robert Gladstone. However, on one of his latest projects, Arthur Becker has decided to go it alone. He is planning the development of a condominium scheme that will bear his name.
The thinking behind this is that Arthur Becker wants a project that will give him more exposure. With the construction set to take up to two years, he believes that the development at 465 Washington Street, Tribeca, will draw in many renters and buyers despite the deceleration in the luxury property market.
Arthur Becker claims that the building will be an artistically crafted boutique with the interior fabricated by Paris Forino. The building will have eight units for sale, with one of them being a penthouse duplex and the others being Simplex apartments. The units will be between 2000-4000 square feet at a price of $2200 to $3200 per square foot.
The development of 465 Washington has compelled Arthur Becker to buy the development rights for the adjacent 471 Washington, as well as 502-506 Canal Street that is behind the site. This is because he desires to transform the five-story building into a ten-story artisanal boutique.
In New York alone, he has invested in properties valued at $550 million in partnership with Property Markets Group and JDS Development.
Read more: https://therealdeal.com/2016/08/30/tech-mogul-arthur-becker-gets-trio-of-townhouses-for-stake-in-soho-project/