Arthur Becker is one of the newer faces in New York real estate, and he is using his millions to invest in properties he believes have potential. This NY Daily News article explains how Arthur is spending his money on new properties in the city, and there is a look at how his investments are changing the face of the city. Arthur is an major investor who is bringing something new to the city that was not there in the past.
#1: The Original Condos
Arthur paid around $20 million to help build a massive development that was comprised of condos. The condos were part of a major complex that he planned to see through to completion. His eye was caught by something across town that was more interesting to him. He has made a trade that will allow him to take ownership of a new development, and its location in Soho is quite popular.
#2: 10 Sullivan Street
The properties at 10 Sullivan Street are three townhomes that were produced as part of an unrelated real estate project, and Arthur wanted to have the three he traded for as a new sort of investment. He is willing to live in one, and he will sell or rent the other two. The project is worth nearly $30 million, and his investment in it will net at least $10 million in profit. Arthur has made the right monetary choice, and he has chosen a lovely location. https://therealdeal.com/2016/08/30/tech-mogul-arthur-becker-gets-trio-of-townhouses-for-stake-in-soho-project/
#3: The Soho Location
The location in Soho is one of the most-popular in America reveals NY Mag, and Arthur knows there are quite a few people who will enjoy living in the air. He knows it is important to have a property that is popular with the public, and he knows there are many who will enjoy the location because the sound of Soho alone conjures images of the New York of the movies.
Arthur’s investment in New York real estate is a place where he may live and sell to others. He is taking over three townhomes as he has chosen the property that has the higher value and appeal.
Read More: http://articles.latimes.com/2012/jul/11/entertainment/la-et-mg-vera-wang-split-arthur-becker-separated
Investing in real estate is a great way to build wealth over time. In the latest housing crash, a lot of people were scared away from investing in this area. Before the crash, a lot of investors were borrowing as much money as possible to purchase a home. This led to a lot of issues down the road. With the housing market in recovery, more investors are starting to buy again. Town Residential is a great company to work with during this process. They have a lot of knowledge in local real estate, and the company can be a great resource if you are looking for a partner. A home is one of the biggest purchases you will ever make, and it only makes sense to get extra advice during the process.
From the time the company was started, Town Residential has been focused on the customer. A lot of people have little knowledge of real estate, and it is really helpful to have a quality real estate company give advice. In addition, many people let emotions get the best of them when it comes to buying a home. A nice home is a status symbol in a lot of areas. If you want to start investing for your future, work with Town Residential first. The company can help you formulate an investing plan that makes sense based on the current real estate market and your future goals.
When buying a home, most people borrow money to complete the transaction. There are a lot of variables to consider before deciding on a loan. A lot of people borrow too much money over time. A mortgage is a long term loan, and it is important to consider the future consequences that will come along with this decision. Instead of borrowing as much money as possible, think about ways to get creative with your financing options. The more options you have, the better off you will be.
Real estate is one of the most dynamic industries in the world today. There are a lot of people who are looking to start investing in this area. Town Residential is a great company to work with during this process. The company has a track record of success in helping customers find the best home for their situation. Investing in real estate is a long term decision, and you need to make sure your finances can support your investing ideals. Over a long period of time, Town Residential is a great partner to work with during this process.