Arthur Becker is into real estate development. But his Tribeca office is like no other real estate office. This is because it doubles up as an art studio too. It comprises of a full-fledged workshop. The sculptures, as well as paintings that he has created, are on display here.
This clearly indicates that Arthur Becker is unlike any other real estate developer. This office is very close to his site where he is coming out with his first solo development project. This will be at 465 Washington Street. It will have eight units of the luxury condo. The expected sellout of this project is estimated to be $52.5 million.
Arthur Becker is 66 years old. He was a Bear Stearns stockbroker earlier. His wealth comes from buying tech companies earlier. He was doing this in the early 2000s. Now he has moved into real estate that is based in New York as well as Florida. He used to be more like a silent partner earlier. He was backing Michael Stern as well as Kevin Maloney. He backed them in the Billionaires’ Row development that was located at 111 West 57th Street.
Arthur Becker did several other investments too. According to The Real Deal, these included 10 Sullivan Street. This is a 16-story building of condo. It was developed by Maloney and Robert Gladstone through their Madison Equities. These developers transferred three adjacent townhouses on Sullivan Street to Arthur Becker. This was in exchange for the stake that he had in the project.
He is married to designer Vera Wang. These two separated in 2012 after more than 20 years of marriage. He will live in one of the townhouses and sell off the other two. The business dealings of Arthur Becker are spanning across finance, tech, as well as art and real estate.
Arthur Becker has stated that he will be getting more involved in real estate. He says that he got into this market at the right time and he is lucky that way.
There have been numerous business ventures of Arthur Becker. Some were successful while others were not. A self-proclaimed failure was the marketing of specialized binoculars that were called Bnox. He felt that people did not like making the effort of changing focus and other technicalities.