Acclaimed tech mogul, Arthur Becker has been the behind-the-scene financial of some of New York’s ambitious real estate experts including Michael Stern, Kevin Maloney, and Robert Gladstone.
This time, Arthur Becker has decided to throw all his weight and name on a condominium project. The investor who is now keen on being a developer has a plan to build an eight-unit building at address 465 Washington Street in Tribeca with projections of over $52.5 million once the units are sold out. Arthur Becker has an air of confidence in this project.
While talking to the Real Deal, the Tribeca project will be an “artisanal, boutique building. The lavish interiors will be done by Paris Forino, an interior design firm that specializes in high-end interior design solutions for residential, hotel and restaurant projects.
Becker started his career, as residential house developer and then ran a macadamia orchard before shifting into technology and financial services. He has now seen potential in real estate development, and he is keen on exploiting the potential.
The Tribeca condominium project will comprise of seven residential houses and one penthouse duplex. The units will range from 2,000 to 4,000 square feet and will have a price tag of $5 million each. The penthouse will be asking for $14 million.
Arthur Becker believes in the Tribeca project, and he is in the market for an investment loan of $25 million for the project. He likes what the neighborhood of 465 Washington has to provide. The construction will be phased out over a period of two years, and Arthur Becker is not stressing on how will be selling out the units,
Arthur Becker is a man with interest in helping others develop in their fields of choice. Arthur is keen on helping others also get ahead in matters investment. Arthur attributes his immeasurable success to management skills that he readily has. He executes his investment plans efficiently and in an organized manner.
As to why he was never keen on the limelight for his earlier projects, Arthur Becker believes that the 465 Washington, Tribeca project is the best project he can gain exposure.
For more info, check out Arthur Becker‘s Wikipedia page.