465 Washington Street, Arthur Becker, and Valerie Dillon (Photos via Getty Images and 465 Washington Street)
In 2012, gallery owner Valerie Dillon received an offer for her stake in a Tribeca apartment building she couldn’t pass up.
Developer Arthur Becker needed Dillon’s stake in the building in order to convert it into a boutique condo project.
In exchange, Dillon didn’t just want money; she wanted the right to buy back her apartment in the converted building for $50,000.
But now, seven years after Dillon moved out of her apartment, Becker a tech mogul-turned-developer, and the former husband of designer Vera Wang still hasn’t finished the condo project at 465 Washington Street.