Arthur Becker, a famous tech mogul who served NaviSite as the CEO has been behind the scenes in some of the biggest city developers. He has been involved with big names such as Kevin Maloney, Robert Gladstone, and Michael Stern. Lately, Arthur has decided to put his own name in condominium projects. This comes just a few years since he quit his major tech career position following the acquisition of NaviSite by Warner.
Arthur, who can be described as both an investor and a developer, is now planning a building at 465 Washington St. in Tribeca with an estimated sellout of 52.5 million dollars. Speaking in an interview with The Real Deal, Arthur Becker termed the 465 Washington as an “artisanal, boutique building.” The building is said to have Paris Forino handling the interior. The 465 Washington is going for seven simplex apartments as well as a penthouse duplex. Their sizes will range from 2000 square feet to 4000 square feet while prices will range from 2200 dollars per square foot to 3200 per square foot.
Becker had acquired the 465 Washington back in 2012 after his seven-year tenure at NaviSite ended. Lately, Arthur Becker seems to focus more on developing and joined Madison Partners NYC. However, this remarkable individual has been an active private investor in various tech ventures. Arthur is also known for his leadership role at Zinio. Here, he serves the digital magazine stand as the chief executive officer.
In other roles that he has played, Becker has been a financial backer at PMG as well as Madison Equities projects at 10 Sullivan Street. Due to his contribution to the condominium development, Arthur assumed the ownership of three adjacent apartments as compensation for his stake in the project. Becker is confident about the 465 Washington project despite the current slowdown in the luxury category.
Speaking in an interview with Pérez Hilton, Arthur says that strategies should reflect the business vertical. In simpler terms, talent is vital to the success of any business. All you need to do is identifying talented persons and persuade them to your vision, then get out of their way.