Arthur Becker is not only a tech investor, but also a real estate investor! Becker, who is known as a quiet backer in New York City, is the very proud owner of three different townhouses that are adjacent from each other. These townhouses are located in Soho on Sullivan Street. According to Huffington Post, Becker had put an investment into a condominium project and he received this townhouse investment in exchange for his investment. The condominium development is in a neighboring region of these townhouses and is a 16-story, boat shaped building. It is believed that Becker provided as much as $15 million in equity and up to $5 million for the mortgage of this condominium building.
The townhouses that Becker was gifted for his involvement are 6,500 square foot town homes, costing as much as $29.4 million. Becker made investments in one of the townhouses he was gifted, which is where he is currently planning to live. In 2012, the site for the townhouses was purchased and then in September of 2014, the developer was given permission to start the building of four different four-story town homes. Becker has said on nytimes.com that the town homes are not yet complete but when they are he plans to live in one of them while either selling or leasing out the other two that he now owns. The two town homes that Becker plans to sell or lease will most likely be worth quite a bit more due to their large and spacious yards.
Even though Becker (https://www.crunchbase.com/person/arthur-becker#/entity) has had the majority of his career and made the majority of his income from tech investments, he has still invested an amazing number of $500 million into New York Real Estate. Some of the investments Becker has made have been with Property Markets Group and AmBase Corp as well as JDS Development Group. View his Linked In page for more information.