America’s Road To Wealth

Vol 2 Chapter 180: $24 billion megaproject

Chapter 180 The $24 Billion Megaproject

Has its own headquarters building in New York.

This is definitely what most American businessmen want to accomplish most, but it is also difficult to accomplish.

Benso can be in New York, a company with its own headquarters building.

Without exception, they are all the top companies in the United States and even the world.

Even Abel is no exception in this respect.

Although he knows, it will be more than nine months.

New York will usher in a catastrophe.

But what does that have to do with him?

At that time, he only needs to leave half a month in advance, when things happen and the dust settles.

He just needs to go back to New York again.

Before that, he could start the construction of his own headquarters building in New York!

Wait until that happens.

The construction period on his side is at most one-third or one-fourth.

Those KBFZs don’t build well-built buildings.

You won’t be looking for his half-finished building, will you?

The reason why people choose Gemini.

It is also because the Gemini at this time is the tallest building in New York and even in the United States.

has a certain symbolism in the United States.

As long as before this, there is no taller building in New York.

That's obvious, as long as those people don't go crazy.

The fate of the twins is already doomed.

And after that, things in this area became unspeakable pain across the United States.

After that, as long as the United States does not completely decline.

Then Abel is sure that his 1776-foot building is safe!

An event that has already happened once, if it happens again in the United States.

The foundation for the existence of this country is estimated to no longer exist.

At this time, he came to Ted Lena's house, just to discuss with Ted Lena face-to-face about the construction of this headquarters building.

The map on this slide, Ted Lener had already emailed him.

Abel also watched it once, but he still felt that it would be better to listen to Ted Lener explain it himself.

Now it’s the same with Ikana.

At this time, Ikana also has a certain position in the Ted Lena Group.

It is up to her to explain it to her boyfriend, and she must be very happy herself.

"First here, 111 DC Avenue in Lower Manhattan."

Ikana held a baton and pointed to a place on the PPT.

Then she clicked, and the picture that appeared on the PPT was a high-altitude top view of a piece of land in Lower Manhattan.

“According to the planning and approval, a 50-story tower and 400 residential units can be built here.”

"Fenyan Real Estate Company is the owner of this land."

Abel frowned, "It's too small. The building I want will be 1776 feet. I don't want it to be as thin and long as a bamboo."

If the building is tall in such a small place, it will obviously look very asymmetrical.

The kind of apartment building that appeared in later generations near Central Park, looking thin and long like a bamboo pole.

They're fine for a residence, but really not so good for an office.

Ikana nodded, "I think so too. The reason why I introduced this piece of land first. The main reason is that it is cheap and less difficult to obtain."

“It only cost $40 million, and the Okhb Shalom family was short on cash, so they could have bought it easily.”

Hearing what Ikana said, Abel changed his subject, "Then I think I can buy it. Even if it is not developed, it would be good to stay there. After all, this is the land of Manhattan, and it is the hard currency of the United States."

Ted Lener agreed with Abel's words.

Ted Lener also wants the land.

Ketdlerner's cash flow is insufficient. If it is taken down and not developed, the cost of holding it will be too high for him.

Such a piece of land will not be developed after it is bought.

The land tax is about two million dollars a year!

Watching Abel spend fifty million dollars.

It’s as easy as spending five thousand dollars on your own, and Ted Lena can also imagine buying it as easily as Abel at this moment!

"Look here next." Ikana remembered Abel's request in her heart.

“2-33 50th Avenue. It’s in Queens, but it’s close to your Smith Building.”

“More importantly, it has a very large floor area. It has a total floor area of over 158,000 square feet.”

"It is also the largest single piece of land in the core business district of New York."

“Fortress Properties has held the land for four years since 1996.”

"But they bought it for seventy-eight million dollars."

"If you want to buy it from them now, it is estimated that it will cost at least 100 million U.S. dollars."

158,000 feet, almost 15,000 square meters.

Such a small amount of land is certainly not considered large in other parts of the United States.

But this is New York, even Queens.

Because it belongs to the commercial core area, its area is already large enough.

Is the Empire State Building in Manhattan big enough?

It covers an area of only about 8,000 square meters.

It's a pity that such a large piece of land is in Queens.

If it were in Manhattan, its price would at least double.

If it is close to Central Park, it is estimated that it can be quadrupled at least.

Of course, if it is in Central Park in Manhattan.

It is impossible to have such a large piece of land left vacant for so long.

"啪~"

Abel snapped his fingers and said softly, "It didn't meet my expectations. But if it's only 100 million dollars, I think it can be bought."

With the land of Manhattan being developed.

The land around Manhattan will obviously have a lot of appreciation value.

Brooklyn has always belonged to the slums of New York.

The Queens area, which faces Manhattan across the East River, is bound to become the center of New York's new CBD buildings.

In this place, a large area of land was set up.

Even if you don’t develop it yourself, you can keep it and sell it in the future.

Hold it for a few years and sell it before the US real estate bubble hits a few years later.

This can make a lot of money.

Wait for the real estate bubble to pass and after the subprime mortgage crisis ends.

Buy it back immediately, and sell it for a big price in a few years later.

Earn money twice, referred to as double earning.

In terms of cost of ownership, Queens is also much cheaper than Manhattan.

Seeing Abel's easy shopping, Ted Lena felt even more envious.

158,000 square feet, worth hundreds of millions of dollars of land.

If you say buy it, buy it, Lord, I, Ted Lena, really want to be like this!

In her heart, Ikana once again made a note for Abel.

Then she smiled and said: "The easiest to get, and the largest single area, have already been said."

"This next piece of land. I think it may best meet your requirements."

Ikana pressed the button, and the screen projected on the curtain changed again.

She waved her baton and said, "Hudson Yards, this lot is in Hudson Yards."

"In fact, there are many pieces of land in this area. They belong to many companies, and some are simply in the hands of the city government."

"A total of 31 lands. Their total area exceeds 10.5 hectares. It is the largest land left for development in the entire Manhattan Island!"

"The piece we are looking at is named [Hudson EB-5] in these lands, covering an area of about 76,000 square feet."

"You must know that the Empire State Building covers an area of only 88,000 square feet."

"It does exactly what you want, dear."

"But it's worth the money, even though it's far from Central Park, but it overlooks Hudson Bay."

"The current owner is the government of New York City. If you want to get it, you can only go through the auction."

Hearing the piece of land that Ikana introduced at the end reminded Abel of one thing.

He remembers as if in Manhattan, the afterlife in a parallel time and space.

Near Hudson Square, there is a super-large Hudson Yards plan.

Abel remembers this project and its surrounding supporting facilities, subway line renovation, etc.

It will even be included in the key municipal engineering projects by the New York City government, and it will be promoted to the priority level of "national interest" by the Department of Homeland Security.

The rest of Abel can't remember very clearly.

He only remembers this project, which seems to have been turned into one of the largest real estate projects in the history of the United States.

It involved the renovation of Hudson Park, Hudson Park and Avenue and the Javits Convention Center renovation.

There is also the expansion of the HighLine sky garden, and even the renovation of a station.

There is also the transformation and construction of a subway line.

It's just that in 2000, this project should not have started yet.

Abel remembers it wasn't brought up until after 2010.

Abel also raised this rumor to the father and daughter Ikana.

Ted Lener nodded after listening, "The city government does have such a plan. But its construction cost is too high, and the initial capital needs at least two billion dollars."

“No single business, alone, can afford it.”

"If the city government does not allocate funds, it will take at least ten years to turn it from a paper plan into a realistic plan."

"It will take more than twenty years until it is fully completed."

According to Ted Lena's intention, Ikana pointed out this piece of land.

It is part of the plan that the city government is still planning.

Abel listened to the introduction of Ikana and her father.

To be honest, Abel is very excited about this land.

But what moved him even more was the super square project that would appear in this parallel time and space only ten years later.

According to Abel.

This item has both its scarcity—

The only large piece of land in Manhattan, although it is at the southern end, it is far from Central Park. But Hudson Bay is right next to it, which gives it the best coastal views.

Just this point, the scarcity is directly filled.

Its only disadvantage is that the project is too large.

The total investment is estimated to be 10 to 20 billion U.S. dollars to make it fully appear.

Another reason for Abel's heart.

Because in a parallel time and space, Bloomberg will take over next year.

According to the original history, Bloomberg can even serve two or three consecutive terms in this position.

In about ten years, as long as the funds are sufficient, it can be built!

Thinking of this, Abel actually has no idea about this piece of land.

He had bigger ideas, he wanted the whole of Hudson Yards.

With this project in front of him, Abel suddenly lost interest in other New York land.

Ten o'clock in the morning.

In Ted Lener's somewhat dissatisfied eyes.

Abel took Ikana and left the Ted Lena Building directly.

In the carriage, Ikana watched him take out his phone and dialed.

"Michael? It's me, Abel."

"Yes. Are you free now? How about a cup of coffee?"

"Okay, you arrange it."

Only a minute later, Abel hung up the phone.

Ikana said curiously: "Do you want to talk to someone? Then let me go to YKM Company."

Although she wanted to go, Ikana knew what it meant to retreat.

As she hoped, Abel smiled and said:

"It's okay, I need to talk to Bloomberg about something. It's okay."

Half an hour later.

In midtown Manhattan, inside a coffee shop.

Abel met Bloomberg, whom he hadn't seen in over a month.

The founder of Bloomberg is still the same.

What does it look like?

The appearance of an elite old white man.

After a little greeting, everyone sat down.

In front of Ikana, Abel asked softly:

"Michael, how are you? Are you ready?"

Michael Bloomberg certainly knows what Abe is talking about.

The Bloomberg founder looks at Ikana, who smiles at him.

Michael had to smile back, thinking that since Abel could bring her, it should be fine.

It is Bloomberg who feels sorry for Anne Hearst, who has a good relationship with him.

It was obvious that the young man in front of him had little interest in Anne's daughter.

Bloomberg felt that if Abel was really interested in Amanda.

The one who is with Abel at this moment should be Amanda instead of Ted Lena's daughter.

"It's basically settled." After thinking about it, Michael Bloomberg said softly.

Same as Bloomberg.

Abe also knows that what Bloomberg is talking about is that he is about to switch from the donkey party to the elephant party.

More importantly, after joining the Elephant Party, he will be able to represent the Elephant Party in the New York general election in November next year.

"So." Abel said softly: "Michael, are you interested in collaborating with me on a project?"

Bloomberg raised his gray eyebrows, "What kind of project?"

Abel said softly, "Hudson Yards."

The word suddenly made Bloomberg frown.

The guy tentatively said, "Abel, what do you mean?"

"A six-block development on the West Side of Manhattan."

"The underground is covered with busy railways and tunnels, and consists of 11 hectares of land."

“Redevelopment for residential, commercial and open public space uses.”

"After the development is completed, whether it is retail or catering. It will be full of luxury."

"The accumulation of wealth will make people compare it with Roppongi in Tokyo."

"After Rockefeller Center, Manhattan, the core of New York's core, will appear a new landmark."

"A Hudson Yards in Manhattan, New York that surpasses Roppongi, Tokyo!"

"I think such a new landmark. No matter which mayor appears. It should be the least, and it can be re-elected for two terms, right?"

“I think just to see this new landmark. New Yorkers will be sad to see their mayor leave so soon.”

Abel’s calm voice told Bloomberg what he wanted most.

Ikana next to me heard it, and her beautiful eyes couldn't help but widen.

If it were someone else, they would hear Abel’s nonsense.

Maybe you haven't heard it yet.

But it just so happens that Ikana’s family is mainly engaged in real estate.

In addition, she just told Abel about the Hudson Square site.

She immediately understood the content of Abel's words.

It’s just that I understand it, when I think of Abel wanting to start such a large-scale project.

She couldn't help breathing and became a little nervous.

She was thinking quickly, thinking about whether she or the family behind her could get a place in Abel's project.

Bloomberg as a caring person in New York.

is still a super rich man, of course it is impossible for him not to know that this project is currently only in the plan of the New York City government.

Bloomberg said:

"Very tantalizing prospect. But you know, Abe, it's not easy. It involves tens of billions of dollars."

“New York won’t be willing to spend that much money.”

Among the $20 billion in construction funds.

This will involve the construction of public facilities of about three billion US dollars.

Including the renovation of the garden, the construction of new subway lines, and the construction of new avenues on the ground.

If it is not led by the city government, it is left to private individuals.

Those real estate companies, they are happy to build buildings.

But they are absolutely unwilling to pay for this part of Manhattan's public facilities.

And if the city government is responsible, the especially rich New York City government can also afford it.

But the government of New York City can build subways and decorate parks, so they can’t let them build buildings, right?

Looking like that, those rich people will quarrel like ordinary civilians.

It is precisely because of this conflict that this project plan has remained on paper.

Abel also understands that this is also the most troublesome place in this Hudson Bay Square.

He doesn't know how the New York City government balances the most troublesome part of this project in parallel time and space.

He has his own ideas.

"What if I say. Let me build it all?"

Abel said: "How about leaving it to me, including the subway and park projects?"

Bloomberg was stunned, "You will pay all the money yourself? Abel, you have to know that in that project, the construction funds for subways and other public facilities are planned to be 3 billion U.S. dollars."

"The actual cost is more likely to exceed this figure, are you sure you will bear it?"

The government of New York City has also proposed this approach.

That is all to private individuals.

Buildings and public facilities are all provided to private individuals, and the city government will provide some convenience and interest-free loans.

But no rich man is willing.

The project has not yet made money, and it will cost an extra three billion U.S. dollars.

Those rich people, even if they know that the benefits are attractive.

They also refused.

What they want more is that the government of New York City is responsible for public facilities and supporting buildings.

Give us money-making buildings and projects!

"Of course I'm sure." Abel smiled: "I'm sure I'd love to do this for New York. Because I love this city!"

Looking at Abel's generosity and generosity, he looks very affectionate for New York.

Bloomberg is not very convinced.

He felt that Abel must have some way to avoid this disadvantage.

"Okay." Bloomberg said: "I see your love for New York. But I'm sorry, I'm just an ordinary New Yorker now."

"I understand." Abel smiled.