Chapter 419: The Problem of Building a Wonder on Manhattan Island
ββ¦β¦ He looked so happy. "Waldorf Astoria Ballroom, Manhattan, New York. In the corner of the hall, on the sofa in the resting area.
City of New York. Mr. Chang, and the chairman of Smiths Capital. The two were surrounded by several bodyguards and sat in the sofa booth and talked softly.
The person who speaks is the city. Mr. Long. Bloomberg's eyes looked at Ted Lerner, who was talking to many people in the distance.
He smiled at Abel and said the above sentence. Across from Bloomberg, Abel holds a wine glass containing a white wine from Pinewood Blanc, California's Napa Valley.
When it comes to wine and red wine, the first thing that comes to mind in the world is often the output of Europe, especially France.
But in fact, the climate in the United States, where the land is vast and rich, is actually more suitable for the cultivation of wine grapes than Burgundy in France.
Many parts of the United States produce wines that are not inferior to Europe in terms of quality. It could be a little better.
It's just that old Europe occupies an old word. Just like those luxuries. European luxury goods seem to be more upscale and popular with the wealthy than those in the United States.
Wine is the same thing as luxury. At least the Pinewoods Blancs South Viognier from ChΓ’teau Pinewood.
Abel thinks it's much better than RomanΓ©e-Conti and 82 Lafite. In the same way, in fact, in addition to brand marketing.
Another country with a lot of resources, China. The wine grapes produced in some parts of the country, combined with the flavour-rich process, produce wines of the same quality as those of old Europe.
It's just that like American wines, they are not as good as old Europe in terms of branding. So much so that it can't be sold at a price, and even its own people don't recognize it.
"Yes, it should be rejoicing." Took a sip of white wine. Abel chuckled in response to Bloomberg.
"In his own field, Ted is doing a decent job. It's also worth his joy. Bloomberg smiled.
Did Ted Lerner do a good job? Hehe, if you want to be really good, then how can you go bankrupt so many times?
New Yorkers know it. If it weren't for a good dad, Ted Lerner would have been one of the many homeless people on the streets of New York.
Naturally, Bloomberg would not say this kind of thing to Abel. City. Mr. Chang smiled and said, "Let's talk about our affairs." Able nodded.
"In you been
After the "attack". A lot of things went smoothly all at once. Robert took advantage of the victory and pursued many people. Bloomberg looked at Abel and said seriously: "It was originally expected that the work could not be completed until the end of the year." More than half of it is now complete. Most of the demolition and land acquisition contracts may be completed in May. Abel knew Bloomberg and was talking about Manhattan's Hudson's Bay City Plaza.
This may be the most valuable real estate project in the United States after the 21st century. Fueled by several New York land snakes, it appeared earlier than in alternate planes.
Abel, in particular, in order to build a spectacle in Manhattan. He was particularly attentive to this.
"That's a good thing." Abel said with a smile. The Hudson Bay parcel, it involves hundreds of large and small owners.
Among these owners, there are powerful supergiants such as Mahogon and Rockphil. There are also some poor people who are now receiving alms.
It was Manhattan, the only large-scale land available for development since the Gilded Age. The complexity of its land rights, equity and creditor's rights makes any American real estate giant scratch his head.
It is precisely for these reasons that even if it is so good and so big, it is still on the island of Manhattan.
But there are not many businessmen who are willing to develop it. In parallel time and space, the New York government was also after the financial crisis of 2007 and 2008.
In order to boost New York's economy, in order to make the GDP look better. It took a lot of effort to push this project forward.
But even if the New York government pushed it with all its might, it took almost three years to barely succeed. The construction time is still very long.
Until Abel crossed over. The Hudson's Bay Yards project is not yet complete. Now, because of the emergence of Abel, this project has been promoted by the New York City government earlier.
With the increase of Abel's influence and wealth, status. In this year, by
"Attack". There was also a strong push from Bloomberg and Robert Morgenthau. The project was officially launched in the face of huge resistance.
Seeing Abel's calm smile, Bloomberg laughed too. City. Mr. Chang said: "I think we can start discussing who will complete the construction of this project. It's super fat, and it's big enough to appeal to any real estate company. "There are tens of billions of dollars in investment involved.
It is also a huge real estate project covering an area of 10.5 hectares on Manhattan Island, a place where every inch of land is at a premium.
There's so much oil and water in it. And that's just the value and investment of the project itself. Because in addition to the project itself.
The entire Hudson Yard will also have key municipal projects such as surrounding supporting facilities and subway line renovation.
All of this adds up to a total investment of hundreds of billions of dollars. At least $70 billion or $80 billion.
The New York City government is responsible for about half, mainly those municipal facilities. This is definitely the largest single investment in the entire United States since the 21st century.
"First of all, we have to ensure the cost issue." Abel said.
"Money has to come out of our pockets. I don't want my money to go to other people's pockets. β
"Therefore, in terms of cost, we must ensure the quality while the cost is the lowest." Bloomberg nodded.
There is no doubt that the city. Mr. Chang will also have investments in it. If someone else is doing oil and water on the project, it is also taking advantage of him Bloomberg.
Capitalists, can endure anything. I just can't bear to make less money.
"So what's your idea? Who is responsible? Or, in other words, which real estate construction companies will build it. For such a big project, one or two real estate companies will definitely not be able to handle it. Like Mr. Lerner, he can only bear about 3%~5% of the share at most. Bloomberg's words are actually very euphemistic.
Not to mention 5% of the entire project. Maybe even 3%, Ted Lerner's company is a bit supportive.
Even if the total investment is calculated according to the minimum of 70 billion US dollars. 3% also has $2.1 billion. The construction cost of the real estate project is 2.1 billion US dollars.
Since the birth of the entire Lerner Real Estate Group, all the projects built by themselves together are estimated to be worth so much money.
Giving Ted Lerner this share is already entirely based on the relationship.
"Of course." Abel said softly: "It is impossible for Lerner Real Estate Group to undertake such a large project. Some of the small projects in it can be handed over to him. β
"Let's talk about it." "It's just the two of us here right now, and we're going to talk about what you think," Bloomberg said. β
"I have a very mature idea. If we use this idea, we may be able to keep the cost to a minimum. Looking at Bloomberg, Abel said.
"Tell me, what kind of thoughts you have."
"I've understood." Abel whispered, "A big real estate project. In the area of building materials and tools, while the quality is required, the cost is almost fixed and the fluctuation is relatively small. Bloomberg nodded.
Even if he wasn't a real estate businessman, Bloomberg knew it. In the United States, a country that industrialized so early.
After the development of the construction industry for hundreds of years, the construction cost has long been transparent and industrialized.
For the same grade of building materials, after reaching a certain amount, the cost will not change much. 1,000,000 tons of cement and 10,000,000 tons of cement, unless you open your own factory to produce it.
Otherwise, the difference in their unit price will not exceed 10%.
"I looked up the information and found that one of the biggest factors affecting the cost of construction in the United States is the compensation of the workers."
"Workers' compensation?" Bloomberg frowned.
"You're going to cut on this?" In the U.S., construction workers work eight hours a day, four days a week, and minus taxes and insurance can net $1,066.
This is the average. In regions such as Arkansas, which is the least developed, the numbers will be lower. But in New York...... This figure is increased by at least 50 per cent on the basis of the average.
In other words, the average construction worker in New York earns about $1,500 a week. He has 14 days off a month, but his monthly salary is as high as about $6,000.
The annual salary is more than $70,000. That's the price in New York City, the nation's largest city, where everything is expensive and wages are one level higher than elsewhere in the country.
Other regions are not so exaggerated. For example, the median average annual salary of construction workers in Yinzhou is in US dollars.
This is followed by the U.S. dollar in Hawaii, the U.S. dollar in Massachusetts, the U.S. dollar in New Jersey, and the U.S. dollar in Alaska.
The lowest income is the dollar in Arkansas, followed by the dollar in Alabama and the dollar in Mississippi.
These are medians. The median annual average salary for construction workers in the United States is around the U.S. dollar. That's 18 percent higher than the U.S. average annual income in 2001.
Of course, construction workers are one of the most vulnerable jobs in any country, and most construction workers usually work outdoors in a variety of climates.
It is engaged in high-intensity physical work, and it is one of the types of work with the highest incidence of work-related injuries and diseases among all occupations.
It's so hard, it's normal to take a little more. The construction workers in New York do get a lot of it.
Especially in Manhattan, that's even more.
"You wouldn't want a pay cut on that, would you?" Bloomberg frowned, "Those wrenche-wielding guys, if you get them to walk the streets, things will be very troublesome." "Salary and benefits increases are common in the U.S. because every few years, guilds in various industries come out and ask for more pay.
The capitalists will give a little positive response to appease them. But in some special periods, such as economic crises or something.
Of course, it is impossible for the capitalists to raise their wages anymore. So what to do? Is there a pay cut? No way. In the United States, many times a salary increase is a must, and a salary cut is not allowed.
It looks good to only increase wages and not reduce them. But the capitalists are not stupid. Since wages cannot be lowered, the capitalists will simply choose to lay off workers...... Or simply go bankrupt.
If you are directly fired or the company is gone, then it is not a salary cut. If you want to lower your salary, you can choose to wander the streets, and even your job or company is gone, and you won't even be able to wander around.
And construction workers, no matter where they are, have always been a group with strong mobility. Capitalists are not afraid of them, but Bloomberg is not just a capitalist.
"How so? I also know the rules of the game. My idea is not to lower wages. Faced with Bloomberg's doubts, Abel said with a smile.
"As far as I know, there are many places where construction workers work. They may not even be paid $500 a month. Abel said: "My idea is to exchange 80 percent of the tens of thousands of workers needed for this kind of cheap foreign workers." The remaining 20 percent of American workers' compensation will be increased by 20 percent. β
"My actuary told me that this can save 70~80% in terms of workers' expenses."
"My legal counsel told me. There are no regulations at the federal, New York State, and New York City levels that prevent us from doing so. "Bloomberg is not a fool, he can get where he is now.
Born in the middle class, he relied 50% on himself, 30% on luck, and the remaining 20% on the bloodline of the oilers.
Bloomberg immediately guessed the ingenuity of Abel's method.
"What do you mean...... Use the 20% of high-paid American workers to deal with the dissatisfaction that may arise from other construction workers in the United States? [The problem of slow update of new chapters has finally been solved on the app that can change the source, here download huanyuanapp to change the source app, and view the latest chapters of this book on multiple sites at the same time.
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"Yes."
"Co-opt one part of them, let this part hit the rest of them inside." Abel smiled: "This is a method that the workers' mentors all recommend." Bloomberg pondered for a moment, then nodded slightly: "There is a certain feasibility." But there are many problems to be solved in all aspects. β
"It's probably billions of dollars in savings." Abel said leisurely.
"I don't think it's a big problem." Bloomberg said immediately.
"Haha-" Abel laughed and patted Bloomberg on the shoulder.
"There are still many months to go. This is really important and needs to be considered in the long run. And, perhaps, we can save more money while still maintaining quality. β
"Huh?" Abel smiled and said, "I know of a country where they have always been obsessed with the dollar. They attach great importance to what Americans think of them. As long as we take advantage of this, maybe we can make them make a lot less money and be willing to work for us. β
"Is there such a country?" Bloomberg was surprised.
"I'm just trying. No, not necessarily. Able smiled. Bloomberg nodded, just as he was about to speak.
At this time, two young girls appeared on the edge of the sofa where they were together, and were blocked by their security staff.
"Hey! Abel! You're back in New York, why don't you contact me! The bright blonde girl, through the bodyguards, greeted Abel with a bright smile.
Bloomberg retracted the words he had just been about to export. City. Mr. Chang smiled and looked at Abel with interest.
Look at the two girls again, looking like they are gossiping about watching a play.
"Uh......" Abel opened his mouth silently, not knowing what to say. looked at Abel with a helpless face.
Lydia hurriedly tugged at her cousin, wanting her to accept it when she saw it. It's also too embarrassing, too unladylike.
"Two gentlemen, won't you invite us in? After standing all night, my feet were a little sore. Amanda continued to smile.
I have to say that Amanda, who is dressed in full costume, has blond hair and blue eyes and a smiling look. Like the European past, in the Middle Ages, those Germanic aristocratic maidens were as noble, elegant, beautiful and beautiful.
Compared to Yin Kana, Amanda is actually more blonde and blue-eyed. Before Abel could speak, Bloomberg, who was beside him, laughed and said, "Ah, this is my mishospitality. House, please two Miss Hearst, come in and rest. Able couldn't help but look at Bloomberg, who winked at him.
Bloomberg's bodyguards immediately dispersed, trying to let Amanda and Lydia into the couch booth.
Edward was still in the way, but looked back at his boss. That's it, Abel had to nod.
Amanda and Lydia were let in.
"Oh, William. Your two nieces are not very ladylike. Not far away, Ted Lerner, who was talking to many people just now, saw this scene.
He couldn't help frowning and said to William Hearst next to him. Coincidentally, the four generations of the Hearst family, including the founder, are all named William, only the middle name is different.
From this way of naming, it is known that the Hearst family is also pure Ansa old. Look at Ted Lerner's unhappy look.
William Hearst thought to himself, you didn't dare talk to me like this before. It's just that the daughter went to be a mistress for someone else, what is there to be arrogant.
Thinking so, William Hearst smiled and said, "When the children grow up, who knows what they think?" We, the elders, are naturally difficult to control this. Yin Kana is so good, I think Ted you should have such troubles. Ted Lerner was speechless.
William Hearst doesn't say a word of dirty, but he's telling Ted Lerner, "Your daughter is just his love. Woman only].
In addition, Ted Lerner is just a fox and a fake tiger, but he doesn't dare to really upset William Hirst. Hirst, a century-old giant, is much more powerful than Ted Lerner in New York.
Unless Abel fully supports it, Ted doesn't really dare to clash with the Hearst family. In the past, Ted Lerner didn't even dare to talk to William Hirst like that.
It's also a big limelight tonight.,Justice is in the wind.γγ Ted Lerner dared to say what he just said to William, the head of Hearst.
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