Arthur Becker is a name that is quickly becoming synonymous with real estate success. Mr. Becker’s career began as a stockbroker for Bear Sterns. He quickly decided to pursue entrepreneurship after buying his first tech company. He’s always loved technology and the promise of success in biotech companies was too much to resist.
His first big success came with NaviSite, a web-hosting company. It also provided technology and application management services to its international clientele. Under Becker’s leadership, the company expanded its offices in the US, UK, and India. Although Becker left the company in 2010, he still owned a stake in NaviSite when it sold to Time Warner Cable in 2011 for more than $200 million.
Since then, he invested in several other industries, including finance, other tech companies, art, and most recently real estate. Real estate isn’t entirely new to Arthur Becker, he’s served as a silent partner in many real estate development projects with partners like Michael Stern and Kevin Maloney. It wasn’t until he bought a property at 10 Sullivan Street that he stepped out of the shadows.
That development was such a success that Maloney and Robert Gladstone’s Madison Equities wanted the project. The company traded three adjacent Sullivan Street townhouses for Becker’s stake in the project. With three prime locations townhouses, Becker decided to fully embrace the project on his own. He plans to live in one and sell the remaining two. Initial reports suggest that Becker’s invested over $30 million into all three townhouses. Check out Perez Hilton for more details.
Inspired by the many creative facets of real estate, Becker’s started collecting ancient African currencies and creating his own works of art. Much of his artwork involves money and valuable metals. Arthur sometimes reproduces his ancient currency pieces and uses them as art pieces. He also creates origami using banknotes from all over the world. Some of his sculptures included crumpled cash.
Although he keeps most of his artwork at his art studio, much of it is displayed in properties he’s developed.