Wall Street Legend
Chapter 401 Compatriots
In the final analysis, it's just irrational fighting spirit.
Even if we acquire the land next to the Cobra Building, regardless of how much money we make, we will probably not lose money.
It is rare to find large tracts of land on Manhattan Island. In addition, the West Side near the Hudson River is gradually inferior to the East Side. Mainly because the east side is supported by the population environment of Brooklyn and Queens. This time, the City Hall is very strict about the positioning of the Hudson Yards project. High, so the development prospects are pretty good. Ye Dongqing is confident that he will build it into a brand new international business center.
It could make himself comfortable and not lose money at the same time. This was the reason why he finally decided to get involved after thinking about it.
As for funding.
The old method is to borrow from the bank first and then pay it back slowly. Real estate companies do the same, and they don't make less money. In the end, the wool comes from the sheep.
Maybe it's because the price is too high.
The progress of the Hudson Square project is relatively slow, and people often ask about it, but only Ye Dongqing and another local New York company are actually taking action. They are planning to build a commercial headquarters project there, more than 300 meters high. .
After a brief thought, Mayor Bloomberg said: "There will be an extension of Line 7 at Hudson Yards. This is a planned project. In addition, the surrounding greening will also be carried out, and the roads will be extended." The renovation work will start in the second half of this year. As for who the land will be sold to... this is not my final say. If possible, I will hold a small auction and you can get it by your own ability. , it shouldn’t be a big problem for you.”
Ye Dongqing can understand Mr. Bloomberg's difficulties.
He manages an entire city, and it is also a global economic center. Every move attracts special attention, and it is not his own company's land. In the end, he has to be responsible for the citizens of New York.
It is best to hold a land auction. It is fairer to rely on strength and the one who bids the highest will get it.
"The first money for buying the land has been paid into the city hall account. I am a reputable businessman who is also creating tax revenue, increasing job opportunities for New York, and is committed to improving New York's international influence, so if the time comes I Take the photo, can you use the installment method like last time? You know, although I am rich in name, I don’t have much cash income. Most of it is used for reinvestment. A Cobra Building has already cost me money. I feel a little tired.”
This is a true statement.
Although Gates, Buffett, Ye Dongqing and others are extremely wealthy, it is actually difficult for them to withdraw US$2 billion in cash in a short period of time. No one wants to keep idle cash waiting for depreciation. Of course, It's just that it's more difficult, and they can come up with some ideas. They may be able to raise it through one sale, but it's almost impossible for ordinary people to achieve it even if they have the strength to eat milk.
Money will depreciate, especially the U.S. dollar with a strong exchange rate. Considering this, it naturally means that the longer the interest-free debt is, the better, which is equivalent to a discount in disguise, and can also obtain other additional policy benefits, such as tax exemptions.
Mayor Bloomberg paused for a few seconds and replied: "If you really take the photo and build a nice-looking apartment or stadium there, I am sure that you will continue to enjoy the installment payment policy, but The term cannot be too long, probably similar to the Cobra Tower agreement.
To be honest, I am surprised by some of the news I have heard about you recently. Knowing that you are giving your wealth back to society is definitely a huge growth. Just last year, I despised you for a few seconds when you said you had been trying to avoid taxes. Now I apologize to you. New York needs super rich people like you as role models. In addition, I have also decided to donate 100 yuan when I die. Ninety-eight percent of the wealth is left to future generations, leaving only 2%. Maybe when I retire, we can discuss the experience of how to do charity. "
It was quite a high praise. Although Ye Dongqing didn't live for other people's eyes, he still felt quite comfortable hearing such words.
Smile and say: "Don't become the second Jorge Guino. It's best to ask your children for their opinions on this kind of thing. Leave it a little longer, and no one will blame you."
Jorge Guino, a legendary second-generation rich man who was treated as a joke, inherited a fortune of more than 2 billion U.S. dollars in the last century and was inspired to spend all the money in his lifetime.
later.
The person was still alive, but the money was spent early. In the end, he could only live in a dilapidated small house with his children and rely on relief funds.
Mayor Bloomberg rolled his eyes after hearing this, "Don't worry, I don't spend much money, even the relief money is enough. My daughters all have their own careers, even if they get a small part of my wealth, It is enough for them to live a happy life. Anyway, I am already so old, and even if I live longer, I only have twenty or thirty years left, so I would like to remind you not to do stupid things."
"Don't worry about me. I can't spend money as fast as I make money. This is just the beginning. The best time to make money is coming soon. Maybe by then I will donate more to the city hall to improve it." New York’s poor infrastructure environment should at least hire more sanitation workers, and the number of roadside trash cans is a bit low.”
"I'll take this as an accusation. You are always welcome to donate a check. I will take more time to walk around and look around. There are some environmental issues that I will deal with. Is there anything else? If not, then go back first, later. I have to go to a company to cut the ribbon. This is obviously a waste of my life. Before I took office, I naively thought that I could really do things according to my own heart. But later I found that I spent more time running around and following Others are talking nonsense.”
"People will invite you only if they like you. In addition, I hope you can pay more attention to the security situation in several Chinese gathering places. Not to mention receiving any preferential treatment, at least don't think of being ignored like a second-class citizen. When the time comes, I will let you They all voted for you."
Ye Dongqing said half-jokingly and half-seriously that he had never tried to seek too many benefits for his compatriots before, and this was his first attempt.
After hearing this, Mayor Bloomberg looked at him. After living in New York for so long, he had naturally heard of something. Because Chinese Americans didn't like to make trouble, so he didn't rush to the door to help. At this time, he nodded: "I'll look into the situation and you can give me some advice."
"OK, I will send it to you after I go back and sort it out. It is mainly about welfare and equality issues. My compatriots study very hard, but unfortunately it is often difficult to obtain equal admission opportunities, and they are more likely to be fired by their bosses. , probably because they don’t like to express themselves very much, especially new immigrants. I heard that the police will not take it seriously when Chinese Americans report crimes. This is obviously condoning the increase in the crime rate..."
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