Wall Street Legend - Chapter 401
Chapter 401 My fellow citizens
In the final analysis, it is just irrational fighting spirit.
Even if the land next to the Cobra Building is won, not to mention how much money they make, they probably won’t lose money.
It is rare to see a large piece of land on Manhattan Island, and the west side near the Hudson River is gradually inferior to the east side, which is mainly supported by the population environment of Brooklyn and Queens in the east. High, so the development prospect is not bad, Ye Dongqing is confident to build a brand new international business center there.
To make himself comfortable without losing money, this is the reason why he finally decided to intervene after thinking about it.
As for funding.
The old way is to borrow from the bank first, and then pay it back slowly. The real estate company does the same, and they don’t see that they make less money. The wool still comes from the sheep in the end.
It may be due to the high price.
The progress of the Hudson Yards project is progressing relatively slowly, and people often ask about it, but only Ye Dongqing and another local New York company are planning to build a commercial headquarters project there, which is more than 300 meters high. .
After a short thought at this moment, Mayor Bloomberg told: “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. The repair work will start in the second half of this year. As for who to sell the land to… This is not something I can decide. If possible, I will hold a small auction, and then you can get it by your own ability. It shouldn’t be a big deal for you.”
Ye Dongqing can understand Mr. Bloomberg’s difficulties.
Manage an entire city, and it is also the center of the global economy. Every move is paid special attention to, and it is not his own company’s land. In the end, he still has to be responsible for all New York citizens.
It is best to hold a land auction, relying on strength to speak, whoever bids the highest will be owned, which is more fair.
“The first money for the land purchase has already been transferred to the city hall account. I am a reputable businessman, and I am also creating taxes for New York, increasing job opportunities, and working to improve New York’s international influence, so if I Can I use the installment payment 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 made I feel a little tired.”
This is a big truth.
Although Gates, Buffett, Ye Dongqing and others are particularly rich, it is actually difficult for them to get two billion US dollars 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, and they may be able to raise money in one sell-off, and it’s almost impossible for ordinary people to use the energy of breastfeeding to achieve it.
Money will depreciate, especially the dollar with a strong exchange rate. Taking this into account, it naturally means that the longer the interest-free debt is dragged on, the better, which is equivalent to discounting in disguise, and you can also get other additional policy benefits, such as tax relief.
Mayor Bloomberg paused for a few seconds before replying: “If you really take the picture and build a good-looking apartment or a stadium over there, I am sure that you will continue to enjoy the installment payment policy, but The number of years can’t be too long, probably similar to the agreement of the Cobra Building.
To be honest, I was surprised by some of the news I heard about you recently. Knowing that you have given back your wealth to the society is definitely a huge growth. Just here last year, I despised you for a few seconds when you said you’ve been trying to avoid taxes, and now I apologize, New York needs super rich like you as a role model, and I also decided to donate 100 when I die Ninety-eight percent of the wealth, leaving only 2% for future generations, maybe when I retire we can discuss the experience of how to do charity. “
It’s quite a high praise, even though Ye Dongqing doesn’t live for the eyes of others, she still feels quite comfortable hearing such words.
smiled and said: “Don’t become the second Jorge Guinot. It’s best to ask your children for their opinions on such things. Leave a little more, and no one will blame you.”
Jorge Guino, a legendary rich second generation who was regarded as a joke, inherited a wealth of more than two billion US dollars in the last century, and he was determined to spend all the money in his life.
Later.
People are still alive, but the money is spent early, and in the end they can only live with their children in a dilapidated small house, relying on the relief money.
Mayor Bloomberg rolled his eyes after listening, “Don’t worry, I don’t spend much money, even the relief money is enough, my daughters 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, even if I live a long life, I only have 20 or 30 years left, so I want to remind you not to do stupid things.”
“Don’t worry about me. I can’t spend money as fast as I can 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 New York’s poor infrastructure environment should at least hire more sanitation workers, and the number of roadside trash cans is a bit small.”
“Let me take this as an accusation. You are welcome to donate a check at any time. Next, I will spend more time walking around. I will deal with some environmental issues. Is there anything else? If not, go back first, later. I’m going to a company to cut the ribbon, which is obviously a waste of my life. Before I took office, I naively thought that I could really do things according to my own mind, but later I found that I spent more time running around, following the Others are messing around.”
“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 the preferential treatment, at least don’t think that you are not taken seriously as a second-class citizen. When the time comes, I will let you They all voted for you.”
Ye Dongqing half-jokingly half-seriously said that he had never tried to seek too many benefits for his compatriots before, and this was his first attempt.
After listening to Mayor Bloomberg, he looked at him. He had lived in New York for so long, so he had heard of something. Because the Chinese don’t like to make trouble, so he didn’t rush to the door to help. He nodded at this time: “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 hard, but unfortunately it is often difficult to obtain equal opportunities for admission, and it is easier to be dismissed by the bosses. , probably because they don’t like to express themselves very much, especially the new immigrants. I heard that the police will not take it seriously when they see reports from Chinese Americans. This is obviously condoning the rise in crime rates…”
(end of this chapter)