Arthur Becker has been making headlines on the New York Magazine for all the right reasons. He has been making millions of dollars from the lucrative industry over the past few years. He also now claims a part of one of New York’s exclusive neighborhoods.
How has Arthur Becker’s life been like till his current moment of glory, and how is life going for him today?
Arthur Becker has not always been a real estate investor. Much of his career so far has involved technology. His earliest occupation was as a Senior Advisor for the distinguished Vera Weng Fashion and Design, where he worked for about 7 years. His career in the technology industry began at NaviSite. The technology giant operated in the U.S., UK, and India providing collocation, technology, and hosting services. Becker has also worked for Zinio, LLC, the largest global digital newsstand. He served as CEO at Zinio, LLC from 2012 to 2015 and helped to boost its performance during the 3-year period.
Arthur Becker is now the CEO and co-founder of Madison Partners, LLC. Madison Partners, LLC is an investment company that focuses on real estate and startup companies in the bio-tech industry. Becker has invested over $500 million into real estate through his company, and it is quickly expanding its presence throughout the U.S.
Arthur Becker recently became the envy of many realtors when he took possession of three outstanding townhouses on 10 Sullivan Street, reports The real Deal. He did not exactly purchases the houses as he came into their possession by trading his stake in property currently under construction in the same neighborhood.
However, analysts have already put a figure on how much they cost him and how much he stands to make. His investment in the project is rumored to have totaled about $19 million. The townhouses, on the other hand, are valued at about $28. Becker has already planned renovations as he prepares to sell or rent them out, but he plans to live in one of the uptown houses. In fact, he is rumored to have already spent $4 million in upgrades and renovations in the house he plans to move into.