Arthur Becker has been a financial backer for many investors for years. Now he is “flying solo”, on a project of his own. According to the Real Deal, in Tribeca N.Y., he has acquired a five story building on 465 Washington Street. His plans are to expand it to 10 stories to create seven apartments and a penthouse duplex, with prices ranging from $5,000,000 to $14,000,000. He says it will an “artisanal, boutique building” with interiors designed by Paris Forino.
Mr. Becker has dabbled in numerous ventures, real estate, technology, digital magazines, fashion, reconstructing antique homes, and even a macadamia orchard. This man has had a wide, diverse career. He was CEO, of Navisite, and Zinio, and currently a managing member to Madison Partners. Madison partners invest in real estate and biotechnology startups. They deal with properties in New York City and Miami. Now that he is no longer a chairman, or CEO, he has a little more time to devote to his own interests.
Mr. Becker knew from an early age that he wanted to make something of himself. Starting out at 16, with a job in the parks department at $1.60 an hour, made him realize he did not want to do that for long. Shortly after leaving that job, he started his own company of taking apart very old homes and putting them on another lot, while still in high school. Upon graduating high school, he earned a bachelor’s degree at Bennington College. From there he went to Dartmouth to earn a degree at Amos Tuck Business School. From there it was on to Hawaii to make a macadamia orchard. Mr. Becker decided to go to work for Bear and Sterns in 1988, as an asset manager. He had found his niche for success, and went on to create all the previous company’s mentioned. Mr. Decker has had an exciting career life, and we hope to see more from him in the near future.