Arthur Becker Aims to Develop Condominium Units along 465 Tribeca Washington Street

Arthur Becker graduated from the Bennington College with photography and ceramics degrees. He later went on to the Dartmouth (Amos Tuck) College where he started to major in the real estate. In England, he became the Chief Executive of two companies, more details can be found on his Crunchbase profile.

Arthur Becker is now an established real estate developer and is rolling with some of the great realtors like Robert Gladstone, Kevin Maloney, and Michael Stern. Becker’s high profile real estate investments include the 111 West 57th Street Property Markets Group and JDS Development Group Row condo super tower.

Becker is also the owner of10 Sullivan Street Madison and PMG Equities’ condo. He also acquired the 50, 40 and 30 Sullivan adjacent townhouses. He was also part of the former investors that sold out the 251-259 Third Avenue Gramercy assemblage to Alfa Development. He has other plans to expand into condominium projects.

According to The Real Deal, Arthur Becker has recently contacted the New York State Attorney General’s office for permission to develop eight condominium units along 465 Tribeca Washington Street. He revealed that he aims to develop artisanal, boutique buildings whose interiors will be designed by Paris Forino. He also said that he bought the property during its prime period and he is particularly elated with this new project as it is just the right manageable size for him to handle.

After completion, his 465 Washington project is planned to have penthouse duplex and seven other simplex apartments with almost 4,000 square feet of space. Each unit is expected to cost five million USD. The property was originally acquired from architect Peter Moore, following his foreclosure suit after defaulting a VFC Partners loan. Reference sourced: Ideamensch

To expand the building further, Becker also acquired development rights from the adjacent building 471 Washington owners. Records also show that Arthur Becker has also acquired 502-506 Canal Street ownership.

Inspite of the hold up in luxury product, Becker remains optimistic about the 465 Washington Project that is estimated to cost him twenty-five million USD. He is particularly happy with its neighborhood. He plans to develop the project within two years and feels that he can deliver quality work.

Check out his website: http://arthurbeckerstudio.com/

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