It can be hard to get the measure of a person merely by looking at who they are physically. So much of our history is hidden behind our work. A glance at Arthur Becker hides a deep, interesting, and varied career that has spanned several different industries before landing where he is today: in Brooklyn’s real estate world. Arthur Becker is making headlines recently thanks to his purchase of a condo development over at 465 Washington Street. Let’s dig into this development, what Becker has done leading up to it, and the career that he gave up in order to find his way in real estate.
We can start by flashing back to the early ’00s. At the time Arthur Becker was working as a Bear Stearns stockbroker. According to The Real Deal, Becker made his first fortune as a stockbroker by buying and selling different tech companies. Becker would go ahead and use this fortune in order to segue into a life of investments that would eventually lead him to where he is today. Becker’s story is interesting because it showcases all of the successes and failures that can go into finding your own way within the industry.
Becker’s investment portfolio is wide and varied and for that reason it is all the more interesting. Becker recalls fondly the days where he invested in a macadamia nut farm located in Hawaii. Though seemingly a random venture, this farm investment would pay huge dividends when Becker would eventually sell to a prominent cookie making company. Becker used this fortune in order to put the winds in his sails to try his hand in real estate. More details can be found on Bloomberg.
Next up we would see Arthur Becker head to Brooklyn in order to try his hand in real estate. Becker played the part of silent partner and as the money man for several big real estate deals led by Michael Stern, Kevin Maloney, and the rest of the group working on the Billionaires’ Row. Becker is using that experience to now pioneer his own work on a boutique, eight unit condo at 465 Washington Street. we have a feeling that this unit is going to be very successful.