Arthur Becker is an investor as well as a tech mogul. This successful investor/ developer have big plans for an 8 unit building on exclusive Washington Street in the Tribeca section of Manhattan.
Becker spoke to the “Real Deal” about his developmental plans on Washington Street. Arthur Becker told the “Real Deal” that his project will be a boutique style building with distinct exteriors by Paris Forino.
Becker began his successful career as a builder prior to moving into tech and finance. Arthur Becker seems to make a success of just about any business venture or idea he puts to the test.
Becker says that when his Washington Street project is complete it will have 7 simplex apartments as well as one penthouse duplex apartment. In addition, Becker also stated that each unit will be between 2000 and 4000 square feet.
Arthur Becker made no bones about it when he said that he would ask as much as 14 Million for the penthouse when it is completed. Actually an amount of 14 Million dollars is not unheard of especially within the Tribeca district of Manhattan.
According to The Real Deal, Becker purchased Washington Street in 2012 for 6 Million dollars. In order to expand the Washington Street building Becker had to purchase developmental rights from the owners of a nearby building.
*High Hopes concerning Washington Street Project:
It was verified that to date Arthur Becker has invested $550 Million dollars in various Manhattan based projects. Becker was initially a financial backer of PMG as well as Madison Equities Condo Development.
Becker also assumed full ownership of three condos located on nearby Sullivan Street. Becker has great optimism about the Washington Street project. Apparently, Becker had to secure a loan in the amount of $25 Million to complete construction on the Washington Street project. You can visit Perez Hilton to know more.
Arthur Becker is known to many due to his ambitions and construction ideas. However, in all reality Arthur Becker does not deliberately seek the spotlight and is not looking for the media attention that some in his position undoubtedly crave. He is simply a successful businessman doing what he enjoys doing best. More details can be found on LinkedIn.
See more: https://angel.co/arthur-becker-nyc