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Investor Arthur Becker’s Latest Real Estate Venture

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Arthur Becker, the Chairman and Chief Executive Officer of Zinio LLC, is an investor focused on the bio tech, info tech, and real estate sectors. His latest real estate investment is in a trio of town homes in New York City. According to NY Mag, Becker has been privately investing since 1999 as well as being an executive for a number of high profile companies.

In 2016 Arthur Becker bought three neighboring townhouses on the exclusive Sullivan Street in the Soho district of New York City. His plan is to live in one of the townhouses and use the other two as rental properties or possibly sell them for a profit. Altogether the properties, each about 6,500 square feet in size, are worth around $30 million. This is his latest investment in New York City real estate as he has, through his Atlantic Investors LLC firm, invested over $500 million into various properties in the city.

According to NY Daily News report, another property recently invested in by Becker is the luxury condominium tower located at 111 West 57th Street in Manhattan. This investment was done jointly by him with JDS Development Group, AmBase Corporation, and Property Markets Group. The unique thing about this residential tower is that when completed in 2018 it will be the most slender building in the world. The tower is located just minutes from Central Park Zoo as well as The Museum of Modern Art.

Arthur Becker is financially backing an 18 story condo at 124 Sixth Avenue in New York City. This building will feature 27 condo units, with the bottom floor reserved for retail establishments. The tower will also include 4 townhouses, each about 4,500 square feet in size. Due to the dimensions of the lot it will be on the tower will be wedge shaped.

In addition to his investments, Arthur Becker has also been an executive at a number of companies. In addition to Zinio he was also a Board Member and Chief Executive Officer of the tech firm Navisite. He has also, among other positions, been the Managing Director for Madison Technology Group LLC. Read more about him on perezhilton.com.

Related: http://www.usmagazine.com/celebrity-news/news/vera-wang-and-husband-arthur-becker-separate-after-23-years-2012117