On The Condos Beckon, Arthur Becker Is doing it sole on the Tribeca Boutique Project

Arthur Becker has been behind some of the biggest developers in the City including Kevin Maloney, Michael Stern and Robert Gladstone but currently, he is putting his name on a condominium project. As per the plan recorded recently within the office of Attorney General in New York State, the investor-turned-developer is strategizing for an eight-unit block at 465 Washington Street, Tribeca with an expected sellout of $52.5 million. At his art studio during an interview with The Real Deal, Becker said 465 Washington will become an “artisanal, boutique building” whereby the interiors will be designed by Paris Forino.

Becker bought 465 Washington as a primer when he started his profession as a homebuilder. Later, he operated the macadamia orchard within Hawaii before steadily shifting into finance and tech field. In an article on PerezHilton, he mentioned how he likes the section of Tribeca being the size he can manage. When finished, 465 Washington will compose of one penthouse duplex and seven simplex apartments with square feet of between 2,000 to 4,000. The costs will vary from $2,200 to $3,200 per square foot and units will range between $5 million to $14 million for the penthouse.

Becker purchased 465 Washington from Peter Moore, also an architect-turned-developer in 2012 at the cost of $6.1 million after Moore was confronted with a foreclosure suit of $4.7 following a loan default at VFC Partners. In line to increase the five-story building into 10, Becker purchased development rights from owners of the adjacent building at 471 Washington for amount not recorded. According to Real Capital Analytics; a research company, to date, Becker has invested to New York City projects worth $550 million.

According to Wikipedia, Becker studied a combination of courses in ceramics and photography at Bennington College before later going to Amos Tuck (Dartmouth) business school. At Amos Tuck, he also worked as the CEO of two technology organizations where he additionally managed the shifting of 18th century American houses within New England. In 1990, Becker resumed his photographic task with the aim of introducing visual artifact that is common to painting and creating photographic images with texture. His recent works concentrate on finance, technology and real estate.

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Know More About Adam Goldenberg

Adam Goldenberg was an entrepreneur when he was just a teenager. He is the youngest COO ever of a company that is publicly traded. Today Adam Goldenberg is the co-founder as well as the co-CEO of JustFab Inc. this is the parent company of well-known fashion brands that include JustFab, Fabletics, besides ShoeDazzle, FL2 as well as Fabkids.

Today JustFab employs over 2,000 people. The company has net sales of over $650 million since 2010, today JustFab is considered as being among the fastest growing brands.

There are many unique things about this business that was co-founded by Adam Goldenberg. It offers a membership option. This comes with a promise of personalized experience while shopping. In fact, Adam Goldenberg has completely changed retail experience by making use of data as well as personalization.

He can see and understand that the fashion scene is highly dynamic. It is changing very quickly, and hence it is a challenge to keep pace with it accordingly. The one who can keep pace will be the ultimate winner here. The revolutionary membership model on businessoffashion.com is a kind of commitment that exists between the company as well as the customer. Hence it is able to benefit both of them.

Adam Goldenberg believes in providing a great shopping experience to its customers. He wants to provide them happiness by offering them products and services that far exceed their expectations on vator.tv. He likes to work with smart and passionate people. This is because he is doing new and innovative things. Hence it is a challenge. This works like a magnet for attracting the right kind of talent. He likes people who are willing to take chances. This kind of risk-taking attitude is able to differentiate winners from the rest. Adam Goldenberg is making use of technology as he wants to provide qualitative as well as quantitative value to his customers.

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What can Entrepreneurs learn From the Experiences of Arthur Becker?

The former chairman and chief executive officer of Zinio LLC, Arthur Becker, currently serves as the managing member of Atlantic Investors, LLC (since 2002), and the managing director of Madison Technology Group LLC. Arthur Becker also worked as the CEO and a board member at Navisite between February 2002 and August 2010.

An interview published on IDEAMENSCH on February 15, 2017, revealed a couple of things about Arthur Becker. His increased interest in real estate and technology while he was working at NaviSite and ZINIO saw the birth of Madison Partners. He decided to expand his real estate interests by making investments in the development of condominiums in New York City, Miami, and Florida. His exposure to several tech companies that were at the early stages fascinated him as well particularly because of the gradual growth in bio technology, the significant economic opportunities, and the potential to touch the lives of people.

At the moment, he is almost completing the construction of several Town Houses located on Sullivan Street in New York City, reports The Real Deal.com. Becker also has plans of putting up a small condominium in Tribeca, for residential purposes. He loves working with the people he respects in both real estate and technology because it brings out the best in him. Studies and progress being made in the field of cancer treatment are among the most interesting trends for him.

The one thing that has made Becker a successful entrepreneur is his ability to evaluate and help in the development of management talent. His worst job experience was when he worked in the Parks Department in a small town at sixteen. Young children were given difficult jobs with little pay of $1.60 per hour. That experience motivated him to look for a more interesting, and lucrative work.

He advises other entrepreneurs to stay informed and have the tenacity for intelligence, listen to their colleagues and the market, and also create room for flexibility in matters strategy. For Becker, talent is the key to success. He identifies talent, persuades them to buy into his vision or business, and does not get in their way.

Arthur Becker attended Bennington College between 1969 and 1972, where he studied Bachelor of Arts. Between 1973 and 1974, he pursued business at Tuck School of Business, Dartmouth.

He regrets that he did not finish the second year of his graduate school as he missed an opportunity to pursue an early career in investment banking. Nevertheless, the 60-year-old entrepreneur has enjoyed substantial success in the world of real estate as well as his participation in biotechnology.

Source: https://www.crunchbase.com/person/arthur-becker#/entity