America's Road to Wealth

Chapter 182 Mega Project Worth $24 Billion

It has its own headquarters building in New York.

This is definitely something that most American businessmen want to accomplish most but are also very difficult to accomplish.

Bensuo is a company that has its own headquarters building in New York.

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

Even Abel was no exception in this regard.

Although he knew that it would be more than nine months.

New York will be in for a catastrophe.

But what does that have to do with him?

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

He could just go back to New York.

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

Wait until that happens.

The construction period on his side is at most a third or a quarter of the way through.

Those KBFZ, well-constructed buildings are not going to be built.

You wouldn't come looking for his half-finished building, right?

The reason why people choose Gemini.

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

It has a certain symbolic value in the United States.

Until then, there was no taller building in New York.

That's obvious, as long as those people don't lose their minds.

The fate of the twins is already determined.

After that, this aspect became an unspeakable pain across the United States.

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

Then Abel was sure that his 1,776-foot building was safe!

An incident that has already happened once will happen again in the United States.

Then the foundation for the existence of this country probably no longer exists.

At this time, he came to Tedlena's house just to talk with Tedlena face to face about building this headquarters building.

Ted Lerner had already emailed him the map in this slide.

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

It's the same now if I switch to Ikana.

At this time, Ikana also had a certain position in Tedlena Group.

It's up to her to explain it to her boyfriend, and she'll probably be happy with it herself.

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

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

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

"Subject to planning and approval, a 50-storey tower and 400 residential units could be built here."

"Powder Rock Properties is the owner of the land."

Abel frowned, "It's too small. The building I want will be 1,776 feet, and I don't want it to be as thin and long as a bamboo."

If a building is built very high in such a small area, it will obviously look very asymmetrical.

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

They're fine as residences, but really not so good as offices.

Ikana nodded, "I think so too. The reason why I introduced this piece of land first is mainly because it is cheap and easy to obtain."

"It only costs $40 million, and the Oheb-Shalom family is short of funds and could easily buy it."

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

Tedlena strongly agreed with Abel's words.

Ted Lerner also wanted the land.

But Ted Lerner lacked cash flow. If it is taken down and not developed, the holding cost will be too high for him.

If such a piece of land is purchased, it will not be developed.

The property taxes are almost two million dollars per year!

Watch Abel spend fifty million dollars.

As easy as spending five thousand dollars on his own, Ted Lena now wants to be able to buy and buy as easily as Abel!

"Look here next." Ikana recorded Abel's request in her mind.

"2-33 50th Avenue. It's in Queens, but it's very 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 entire New York business core area."

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

"But they paid $78 million for it."

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

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

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

But this is New York, even over there in Queens.

Because it belongs to the core commercial area, its area is 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, it would cost at least twice as much.

If it were close to Central Park, it would probably be at least four times that amount.

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

It is impossible for such a large piece of land to remain vacant for such a long time.

"Pa~"

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

As the land in Manhattan is developed.

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

Brooklyn has always been a slum area in New York.

This area of ​​Queens, across the East River from Manhattan, is bound to become the center of New York's new CBD buildings.

In this place, a large area of ​​land was settled.

Even if you don’t develop it yourself, you can keep it and sell it later.

Hold for a few years and sell before the U.S. housing bubble hits in a few years.

You can make a lot of money this way.

After the real estate bubble is over and the subprime mortgage crisis is over.

If you buy it back right away, you can sell it for a big price in a few years.

Earning money twice is called double earning.

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

Seeing Abel shopping easily, Ted Lena felt even more envious.

One hundred and fifty-eight thousand square feet, land worth hundreds of millions of dollars.

If you want to buy it, just buy it! Lord, I really want this too!

In Ikana's heart, she once again made a note for Abel.

Then she smiled and said: "The ones that are easiest to get and the ones with the largest single area have already been talked about."

"This next piece of land. I think it might be the one that best meets your requirements."

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

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

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

"There are 31 pieces of land in total. Their total area is more than 10.5 hectares. It is the largest piece of land left for development in the entire Manhattan Island!"

"The piece of land we are interested in is called [Hudson EB-5] among these sites, and it covers an area of ​​about 76,000 square feet."

"You have to remember that the Empire State Building only covers an area of ​​88,000 square feet..."

"It does exactly what you asked for, dear."

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

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

Hearing the last piece of land introduced by Ikana reminded Abel of something.

He remembered it as if he was in Manhattan, a future life in a parallel time and space.

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

Abel remembered this project and surrounding supporting facilities, subway line reconstruction, etc.

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

The other Abels don’t remember very well.

He only remembered that this project seemed to be one of the largest real estate projects in the history of the United States.

It involves the renovation of Hudson Park, Hudson Park and the Boulevard, and the Javits Convention Center renovation.

There is also the expansion of the High Line sky gardens and even the renovation of a station.

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

But as of now in 2000, this project probably hasn't started yet.

Abel remembers that it was not proposed until after 2010.

Abel also raised this rumor with Ikana and his daughter.

Tedlena nodded after hearing this, "The city government does have such a plan. But its construction cost is too high. The initial capital is at least two billion US dollars."

"No business can afford this alone."

"If the city government doesn't allocate funds, it will take at least ten years to turn this paper plan into a reality."

"It will probably take more than 20 years until it is completely completed."

According to Tedlena'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 by Ikana and her father.

To be honest, Abel was very excited about this piece of land.

But what makes him even more excited is the super plaza project that will appear in this parallel time and space more than ten years later.

In Abel's opinion.

This project has its scarcity——

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

Just this point, scarcity directly fills up.

Its only drawback is that the project is too big.

The total investment is estimated to be between 10 and 20 billion US dollars to make it complete.

Another reason for Abel's heart.

It’s because in parallel time and space, Bloomberg will take office next year.

If the original history were to go by, Bloomberg could even have been re-elected in this position for two or three terms.

In about ten years, as long as there are enough funds, it can be built!

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

He had bigger ideas, he wanted all 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 Lena's somewhat dissatisfied eyes.

Abel took Ikana and left Tedlena Building directly.

In the carriage, Ikana watched him take out the phone and make a call.

"Michael? It's me, Abel."

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

"Okay, you make the arrangements."

After just a minute, Abel hung up the phone.

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

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

Just as she hoped, Abel smiled and said:

"It's okay, I have to talk to Bloomberg about something. It doesn't matter."

Half an hour later.

Inside a coffee shop in midtown Manhattan.

Abel met Bloomberg, whom he had not seen for more than a month.

The founder of Bloomberg is still the same.

What does it look like?

He looks like an elite old white man.

After a brief exchange of greetings, everyone sat down.

In front of Ikana, Abel asked softly:

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

Michael Bloomberg certainly knows what Abel is talking about.

The founder of Bloomberg looked at Ikana, who smiled at him.

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

It was in Bloomberg's heart that he felt pity for Anne Hearst, with whom he had a somewhat good relationship.

It was obvious that the young man in front of him was not very interested in Anne's daughter.

Bloomberg felt that if Abel was really interested in Amanda.

Then it should be Amanda, not Tedlena's daughter, who is accompanying Abel at this moment.

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

Same with Bloomberg.

Abel also knew that what Bloomberg was talking about was that he was about to switch from the Donkey Party to the Elephant Party.

What's more important is that after joining the Elephant Party, he can immediately represent the Elephant Party in the New York general election next November.

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

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

Abel whispered, "Hudson Yards."

This word suddenly made Bloomberg frown.

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

"A six-block development on the west side of Manhattan."

"The underground is covered with busy railway lines and tunnels and consists of 11 hectares of land."

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

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

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

“After Rockefeller Center, there will be a new landmark in Manhattan, the core of New York.”

“A Hudson Yards in Manhattan, New York, beyond Roppongi in Tokyo!”

"I think such a new landmark. No matter which mayor it appears in. It should be able to serve at least two terms, right?"

"I think just to see this new landmark. New Yorkers will be reluctant to have their mayor leave so soon."

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

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

If it were anyone else, they would have heard Abel's nonsense.

Maybe you haven’t understood it yet.

But it just so happens that the main business of Ikana's family is real estate.

In addition, she just told Abel about the Hudson Yards land.

She immediately understood the content of Abel's words.

It’s just that I understand now that Abel wants to launch such a large-scale project.

She couldn't help but feel nervous breathing.

She was 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.

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

Bloomberg said:

"A very attractive prospect. But you know, Abel, it's not easy. It involves tens of billions of dollars."

"New York wouldn't be willing to take that kind of money."

Of the $20 billion in construction funding.

This will involve the construction of public facilities worth approximately US$3 billion.

This includes the renovation of gardens, the construction of new subway lines, and the construction of new avenues on the ground.

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

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

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

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

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

In that case, the rich would have a huge quarrel just like ordinary civilians.

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

Abel also understood that this was also the most troublesome part of the Hudson Bay Plaza.

He didn't know how the New York City government balanced the most troublesome aspect of this project in parallel time and space.

He has his own ideas.

"What if I say, leave it all to me to build?"

Abel said: "Leave all the subway and park projects to me, how about it?"

Bloomberg was stunned, "Will you fund it all yourself? Abel, you have to know that in that project, the construction funds for the subway and other public facilities are planned to be US$3 billion."

"The actual cost is more likely to exceed this figure. Are you sure it will be borne by you?"

The New York City government has also proposed this approach.

That means leaving it all to private individuals.

Buildings and public facilities are provided to private individuals, and the city government provides some conveniences and interest-free loans.

But no rich man is willing.

Before the project makes any money, it will cost an additional three billion US dollars.

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

They also refused.

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

Give us the money-making buildings and projects!

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

Looking at Abel's generosity, he looked very affectionate towards New York.

Bloomberg didn’t quite believe it.

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.

"But I believe you won't be anymore soon. Do you understand? I will support you."

Bloomberg finally smiled: "I understand!"

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