Arthur Becker has reinvented himself into a luxury real estate developer. His original rise to prominence was courtesy of Bear Stearns where he excelled as a stockbroker. His ability to pick Tech winners not only made him a fortune, it also provided the platform for his latest venture in real estate. Hitherto he’d been a silent money backer but is now flying solo on a luxury development at 465 Washington Street. It will feature eight condo units and is expected to fetch $52.5 million.
In a report by Curbed, his office is nearby and in keeping with his varied interests; it is furnished with some of his own artwork. He has a fully functional studio within and some of his paintings and sculptures are on display. Some of his other business concerns are finance, tech, art, and his latest endeavor in real estate. While his career is a resounding success, there have been a few failures along the way.
One venture that failed to take off was his development of specialized binoculars called BNOX. He considered the difficulty in focusing and adjusting the eye width as a primary reason for its lack of success. However, it did lead to his interest in collecting toy soldiers with binoculars. You can visit Inspirery to know more.
Another interesting tidbit about Becker is the way his ancient African currency collection inspires some of his sculptures. Money is often featured in his artwork and it is often distorted. He has observed that many people connect money to what they used to connect with their gods, things such as romance, hope, and safety. He has even planned an exhibit of his artwork with the help of gallerist and curator James Salomon.
Arthur Becker hit his stride in the early 2000’s when he started buying Tech companies. Arthur Becker ran the web-hosting company NaviSite until 2010. He started in real estate with the aim of escaping the daily grind of running a business with hundreds of people under him. If history is any indication then he’ll be successful with this too.