Chapter 434: Expanding Contacts (2nd Update)

The country is a country of private ownership of land, the real estate industry operates completely according to the laws of the market, ZF has very little intervention in the market, and in the real estate market, the government follows the same rules of the game as all other owners.

For many years, New York was the capital of the world, home to the United Nations and numerous multinational institutions, and arguably controlled 40% of the world's financial resources. Therefore, the real estate market in New York is also one of the hottest investment markets in the world, attracting the attention of investors from all over the world.

In addition to traditional industries such as finance, commerce, tourism, and culture, high-tech industries and film and television industries are flourishing here.

New York's low interest rates, low housing listings, and low vacancy rates have kept the New York real estate market thriving even in the midst of the Great Recession.

Especially after the reinstatement of New York's 421a bill, many developers can obtain preferential tax policies through the development of real estate.

As an old form of capitalism, the market share of real estate in the United States, especially in New York, is mainly concentrated in the hands of large companies, of course, the advantages of those leading real estate companies are self-evident - scale cost, land resource acquisition, financing and so on.

Like Lin Zitan, there are countless small real estate developers who rely on a small number of commercial properties and apartment buildings for rent as a living space.

It's not that they don't want to be bigger, first, their funds are limited, and second, they have no opportunity to get in touch with good investment sites, so they can only survive by opening up market segments.

However, as the demographic structure of New York continues to change, the needs of residents have become more diverse, and even large enterprises are difficult to cover the needs of all consumers, which leaves market opportunities for small businesses.

The relatively stable profitability of residential development enterprises has also created opportunities for many "floating capital" to enter residential development and speculate, which also prompts small companies to join the real estate industry.

This opportunity to enter the real estate development industry from land auction is not only a challenge for Lin Zitan, but also a very rare opportunity.

After getting the land drawings given to him by Eddie, Lin Zitan first thought of two aspects, one is the location of the land, and the other is the choice of partners.

Eddie has always been involved in hotel development and has a lot of experience in commercial development, but because of his family background, Eddie, like Frank, has a sense of superiority, which is not very down-to-earth in Mandarin.

In addition, the old Johnson's family's main business is mainly in politics, and the foundation of business is not so deep, so it is really not easy to find a trustworthy person who is stupid and has a lot of money, so Eddie pushed this important task to Lin Zitan.

In fact, before a better partner was identified, both of them had to contact the most reliable connections they could contact, and Lin Zi thought about it, and the richest person he knew was probably Eric's father.

In fact, he and Harrison didn't know each other, that is, they were on the same side, but fortunately, the two of them also talked, and later called once or twice because of charity, but Harrison called to supervise his son Eric.

This time, the first partner Lin Zitan thought of was actually Eric, but given that Eric had told him before, the reason why he had been outside the real estate industry was because he had made a promise to his father Harrison.

Since Eric can't participate in this project, but Harrison is one of the richest investors he can contact, Lin Zitan wants to start with Eric and talk to Harrison about this project, but before that, he still told Eddie about his idea.

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"Harrison, how do you know him?"

As soon as Eddie heard that Lin Zitan was going to talk to Harrison, a surprised expression immediately appeared on his face.

"Do you remember that Eric upstairs? He also attended my wedding to Emma, and Harrison was his biological father. Lin Zitan said calmly.

"I'm going, really? Even Harrison has illegitimate children? It's incredible, do you know that Harrison's two sons are older than us, and they're a calling for wind and rain in the real estate world, and I've never heard of that Eric you're talking about.

Besides, their family has deep roots in New York, thousands of buildings and apartments in the New York metropolitan area have been built by their family, and their family is a family that integrates planning, development, construction, marketing and property management.

Everybody says they're one of the biggest landlords in New York! Do you really think Harrison would have time to listen to you talk about such a small project?"

Of course, Eddie knows about the Harrison family, and arguably knows a lot about the family's glorious deeds, after all, the Harrison family has always been known throughout the real estate industry for refusing high-risk leverage.

"I'm just not sure, that's why I'm here to discuss it with you. ”

Lin Zitan touched his nose, he had only met Harrison once, and felt that the person looked okay, plus with Eric's relationship, even if it couldn't be done, it wouldn't hurt to try, besides, who knows if he didn't try!

"Our project is too small, I don't think it can be seen by him at all, they won a broken building in the city center are hundreds of millions, we are petty fights, I don't think they will participate, but ......"

Add pondered for a moment, then continued:

"Don't look for him, look for his son!"

Add nodded, seemingly pleased with the idea.

"His son, but Eric promised his father not to touch real estate!" Lin Zitan reminded.

"Tsk~ Who said that you are looking for Eric? Looking for his son Richard, born to his wife, I heard that this guy has been competing with his eldest brother recently!

is also blessed with the pride of heaven, but apparently Harrison prefers the eldest son James born to his first wife, so let's start with his second son, Richard. Eddie was confident.

"You know him very well?" Lin Zitan said in surprise.

"Uh...... Know, but don't know, don't you know his brother?

“Excuse me? Eric is an illegitimate child, do you think he will have a good relationship with Richard?" Lin Zitan wondered.

"Who cares if they're okay or not, as long as the Eric you said can ask him out, and I'll talk to him when the time comes...... No, you don't think that their brothers don't get along with each other for a long time, do you?

Haha, you've watched too many soap operas, right? A big family like them will never allow a nest fight, as can be seen from your friend's lack of touching the real estate, and besides, maybe their brotherly relationship is still very good in private!

But even if they don't fight, it's true that every kid wants to show off in front of their parents, like this Richard, even if he participates in our project, he just wants to have a good fight to show his father what he can do. ”

"Do you really think so?" Lin Zi said suspiciously.

"Don't worry, if you don't believe it, you can just ask that Eric, what am I lying to you for?" said Eddie with a smile.

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After Lin Zi returned and thought carefully about what Eddie said, he felt that it was not unreasonable, although Eric occasionally looked a little bored in front of him because of his identity as an illegitimate child, he never said anything bad about Harrison's family in front of him, not a word!

Even during that meeting with Harrison, Eric was as nervous as a kid waiting to be praised by his father.

What's more, in order to support Eric's charity last time, Harrison almost did not hesitate to allocate 200 million to him, and only called him to explain a few words after the account arrived.

Thinking about it this way, maybe Eric is not as undignified in the family as he thinks.

After hesitating, Lin Zitan still dialed the phone to Eric, this kid hadn't appeared in front of him for a long time in order to chase that beautiful woman in Florida recently.