Wall Street Legend - Chapter 405
Chapter 405 Auction (3)
Different from the previous three auctions, the room fell into a strange silence after the start was announced, only the sound of the camera shutter being pressed could be heard.
People’s eyes were fixed on the Japanese and Ye Dongqing at the same time.
Speaking of Japan, in the 1980s and 1990s, the Japanese frantically purchased various real estate projects in the United States, including the most famous Pebble Beach Golf Course in California, the Empire State Building in New York, etc., and there were even voices saying that Sell the house in Tokyo and you can buy the whole of America.
Needless to say what happened later, Japan’s economy is still weak until now, and the false prosperity of the past has long since disappeared.
Those things still linger in the minds of some people. Take Mayor Bloomberg as an example. This old man wishes to come to New York to invest in as many Japanese companies as possible. It is best to bring all the money from Japan. , but on the other hand, he doesn’t want the people of this country to shine under his eyes. In comparison, Ye Dongqing is his own. Although he has a similar skin color to them, he is a local resident born in New York when he was young.
It’s not just a piece of land anymore, it’s more like a battle of spirits. Ever since Ye Dongqing publicly said that he would target this group of people, the appetites of the people watching the excitement have been whetted. What’s more, the one who had a conflict with Ye Dongqing was a Fortune 500 company, the one that occupies a place in the entire world’s financial circle.
It was silent for more than a minute.
A certain Japanese executive finally couldn’t bear it anymore, and raised a sign to add two million US dollars to the base price, making the quoted price 1,402 million US dollars.
This piece of land is larger than the previous ones. One side can see the Hudson River. The location is not bad, just next to the Cobra Building, so the starting price is relatively high.
Some time ago, the fig leaf of subprime housing loans was ripped off by Ye Dongqing, and many small and medium-sized urban real estate projects were affected. New York, especially the real estate on Manhattan Island, has the support of wealthy people from all over the world. There are no big fluctuations, just The upward momentum was contained.
If this land is taken down, it can be connected with the previous land to build commercial projects, whether it is developed into a residence or a gymnasium, at least it will not be too bad.
Ye Dongqing had thought it over carefully, and hadn’t swelled up to the point where she would ignore the consequences for a little emotion. At this moment, she raised the sign in her hand and raised the price by 50 million US dollars directly on the basis of the quotation. The land price has already approached the ones in the previous auction.
Most people at the scene couldn’t afford so much money, and even Richard who was sitting next to him was very enthusiastic. Although he knew how rich Ye Dongqing was, there was still a big difference between a string of numbers and the scene of real spending money. .
Bidding has already started, but the psychological bottom line has not yet been broken. The Japanese raises the placard again to increase the price by 10 million US dollars. After another round of placard raising, the quotation was raised to US$1.5 billion.
Suddenly turned his head, Ye Dongqing smiled at the Japanese, and shouted again when he held up the sign: “Add 30 million dollars!”
When the other party saw the smile on his face, his heart skipped a beat. Combined with what he had heard before, he thought it was just digging a hole and trying to let himself fall in, and in the end he held his nose and paid a big price for it.
The more I think about it, the more I think it is possible. Ye Dongqing’s expression when he smiled at him was also interpreted as a provocation trying to provoke himself, and he couldn’t help but retreat. After all, it is just an investment, and the building does not have to be built.
Thinking about these things in my mind, my eyes lost focus, and I was already in a trance.
The host saw that no one raised the price, so he asked: “1.53 billion US dollars, is anyone willing to pay a higher price? Who else wants it?”
The city hall staff who acted as a guest auctioneer were not professional in their words and failed to arouse people’s enthusiasm. Maybe they felt that the price was a bit low, so they asked the Japanese in a stupid way: “Guests from the East, Don’t you hold your cards?”
Suddenly there was a burst of laughter.
The senior executive of Mitsubishi UFJ Financial Group subconsciously thought that the auctioneer was mocking him for his lack of strength, and his chest heaved violently with anger.
Before he could open his mouth, the CEO of Ruilian Group, who thought the price was still low, raised a placard and added 5 million US dollars to Ye Dongqing’s quotation. The Ruilian Group has a large scale and owns real estate projects in many countries. Hudson Yards will have future prospects.
This time Ye Dongqing didn’t say anything. For him, the original land was enough. Since there is a third party involved, there is no need to continue to increase the price. It is better to invest the funds in other projects with higher returns.
The people from Mitsubishi UFJ tried to quote again and pushed the price up to US$1.63 billion. The unit price exceeded the previous three lands, and the profit margin was being continuously compressed.
Considering the pressure on the capital chain and the recent downturn in real estate transactions, the CEO of Ruilian Group had no choice but to give up. Just when the executives of Mitsubishi UFJ breathed a sigh of relief and turned their attention to Ye Dongqing, he picked up the auction board again. , pushing up the land price again by 20 million U.S. dollars.
Calculating the price, it is much more expensive than the unit price of his original piece of land used to build the Cobra Building.
One billion dollars is not a small number anywhere, and a piece of land can bring billions of dollars in revenue to the city hall. The old Mayor Bloomberg is so happy that he can use this money Do many things, such as renovating infrastructure, increasing investment in social welfare, and so on.
He felt more and more that Ye Dongqing was pushing his company into a pit, and was so angry that the Japanese executive left the venue directly. Before leaving, he said something to his colleagues in Japanese. The designer of Tiancongyun Building messed up and messed up people who shouldn’t be messed with.
The status is not bad, but the face is still needed. When I left the field, I received a lot of boos and middle fingers. I probably blamed them for not being up to date and not striving to the end.
Ye Dongqing looked indifferent, and asked the people of Ruilian Group with a smile: “I guess no one will compete with me, so how about passing my quotation to you? I don’t like real estate, and I can definitely make money, but The payback cycle is too long, and you should know how hot the neighborhood will be after the Cobra Tower is built, rich people like to live near landmarks, and there are high-end shopping malls under the Cobra Tower.”
This is really… the auctioneer even talked about reselling before the hammer was dropped.
The CEO of Ruilian Group was very decisive. After thinking for a few seconds, he immediately extended his hand and shook hands with Ye Dongqing with a smile: “Our capital chain is already a little tight. How about trying to cooperate once? You have funds, and we have operations and sales. experience, everyone makes money together, and I can eat about 70% of it…”
(end of this chapter)