Chapter 400: 400
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At the end of the fashion show, Ivana, one of Chanel's advertising spokesmen, participated in the celebration party, which is undoubtedly very boring for Andy. Because her brand will soon go on sale, Ivana will not be endorsing Chanel after the expiration of the future contract.
So they showed up at the party, said hello to some acquaintances, and then chose to leave. Andy and Ivana talked with President of Chanel Asia and Mr. Zhou.
Mr. Zhou was shocked and impressed by Andy's Mandarin and understanding of rabbit culture, which made her and some of her friends sigh for a long time after returning home.
"Bang!"
"Shetter!"
In the meeting room, Andy slaps the table angrily. After a furious scolding, everyone lowers their heads and pretends not to hear the boss's swearing.
Andy calmed down his anger and rushed to be in charge of the acquisition of Newsweek. Li Xiaoying, who flew to Washington for negotiations with Katherine, raised her documents. "Emily, are you sure you are right? The whole building belongs to Newsweek? "
"No problem, boss, but this building has a history of nearly 60 years. In 1998, it was mortgaged by the Washington Post company to the bank with a loan of 315 million yuan. Except for 200 million yuan left to Newsweek to expand its branches and acquire some subsidiaries, the rest were taken away by the post group, and the loan will expire next year." Li Xiaoying replied with a serious face.
"Damn it, it's a skyscraper. It's sixty or seventy stories high. It's only a loan of more than 300 million points?" Andy is a little speechless about it.
"Well, boss, the value of these buildings at that time was no problem. At that time, the Chelsea building at 111 8th Avenue in Manhattan was only selling for 300 million dollars."
Andy takes a look at a little embarrassed alvette. Well, he's a little excited. Although he remembers that he bought Newsweek for $1 in his previous life, he knows that things won't be so simple. Now he's on his own. As expected, all kinds of troubles have arisen.
"That is to say, I have bought Newsweek and a 60 year old skyscraper with 315 million and one dollar?" Andy looked down at the number on the document.
"And the interest on the bank and the loss on the newspaper Li added.
Andy raises his head, looks at her with a bitter look, turns his head to Al and continues, "what do you think?"
"at present, the boss, if you take over the mess of Newsweek, will definitely make many people think of a fool. But boss, don't forget, the Newsweek building is located in Manhattan. Even if the real estate bubble burst, house prices plummeted, the housing prices in the upper east side of New York will not change much, and maybe a small increase in the market will also be possible.
I didn't really see this newspaper before. Now I think that the boss needs to determine the acquisition as soon as possible. We don't have to worry too much about the 100 million US dollars drawn by the post, because this building will definitely give the boss several times the return! " Alvert column opened the folder in his hand and began to express his views.
"According to!" Andy asked.
"After learning about this, the think tank collected data overnight and made these two charts..." Al took out two charts and gave them to his assistant. Then someone quickly drew the curtains, turned off the lights and turned on the slide projector.
"this is the office map of Manhattan from 1997 to 2004. After 1997, the bubble of technology stocks represented by Nasdaq pushed up the prosperity of the capital market, and the demand for office buildings increased greatly. The prices of office buildings peaked in 2001, and did not begin to be adjusted until after 911, hitting the bottom in 2004.
Then there are the reasons such as the continuous expansionary monetary policy of the Federal Reserve, which have promoted the sharp rise of real estate prices in the United States. Everyone sitting here knows what will happen in the future. But at present, the price of office buildings has reached the highest point. I think it will fall when the crisis comes, but everyone, the annual rent of office buildings has already At $69.58 per square foot, the vacancy rate is less than 5.3%!
As the central city of New York, the office building market in Manhattan is more mature and stable than other markets in the United States, even in the world, which is characterized by low vacancy rate and rapid recovery in fluctuation.
Boss, I can guarantee that even in the event of a crisis, the rent of office buildings in Manhattan will still return to the current price in two years, at the latest three years.
Take the Chelsea building as an example. It sold 300 million US dollars in 1998, and its assets have reached 800 million US dollars in 2004. It is also a building with decades of history. I believe that the value of Newsweek building will only be high but not low! "
Andy micro squints his eyes, looks at the data on the screen, waves his hand, immediately someone turns off the machine, opens the curtain, looks at Li Xiaoying, "do you think the other side's conditions are acceptable?"
"If we don't pursue the $115 million, there is no problem with this acquisition. The post group is in urgent need of getting rid of this burden. Through contact with me, I found that the people in power of the Post don't have much confidence in the future of the newspaper industry. They operate the post in a shrinking manner, which is too cautious. What I see is an old newspaper group that is in a state of decline. "In fact, Li Xiaoying didn't say anything else. She even felt that Catherine didn't like running newspapers at all. More importantly, she forced herself to take over for the sake of keeping the power of the family industry from falling aside. She could even guess the final destination of the post group, which would undoubtedly be changed.
"In that case, in case of any unexpected situation, please prepare. We will fly to Washington in the afternoon. Al informs Jon Mitcham, Torry, to call and package a private plane..."
Now that he has made a decision, he can't muddle along. Andy won't let the duck fly. He starts to divide the work among the people. Little assistant Tori twists his hips, picks up the minutes of the meeting, quickly steps out of the meeting room and calls the airline.
After the meeting, Andy went back to the office, took out his cell phone and called Ivana.
"Hello, go home at noon and pack up. You need to take off with me in Washington. Let's go home for specific things. You need to arrange work. Maybe you need to stay in Washington for a few days..."
Hang up and sit in the boss's chair. Andy plays with his cell phone and thinks.
After the signing of the acquisition agreement, this is just the beginning. Newsweek has been mad at the Washington government for decades, especially focusing on various issues in the White House, which has also become the target of Washington's major suppression. This is no mistake.
But now that Andy Smith takes over Newsweek, he will not let this situation continue. Although he will not completely subvert and change Newsweek's news concept, he will not make his relationship with Washington as bad as before.
He needs to use the influence of his family and grandfather to break the deadlock. Thinking of this, Andy picks up the seat on the desk and starts dialing.
"Good morning, Grandpa. Didn't I bother you? Is it convenient for you to speak now? "
Old smith sat in his office in Congress and said with a smile, "you kid, you won't call me if you're OK. Come on, what's the matter?"
Then he waved and asked his assistants in the office to leave. He went around the table and sat in the comfortable boss chair.
At the beginning of the smile, the smile suddenly stagnated, a little surprised to confirm: "Andy, you are really saying? Where is it? We'll sign the contract soon... Well done, very good! It's a big surprise. It's good. Let's talk. What can I do for Grandpa? "
Hang up the phone, old Smith's face smile more brilliant, his grandson more and more let him happy, happy, the mood becomes extremely comfortable, to tell the truth, Andy's acquisition of Newsweek this news for his party whip is a big surprise.
It is undoubtedly good news that a leading media with great influence in the world will soon belong to the Smiths. As an old political family, although it also controls shares in some newspapers and TV stations, it is not its own family after all. However, the Smiths family has never had a talent in business for such a long time With lawyers, doctors are artists, let alone the media industry.
Now Andy not only has great success in business, but also has great influence and voice in the media and publishing industry. It took less than a year for 22-year-old children to reach this level, which is rare in the world.
at some point, old Smith even wanted to break the tradition and put some family resources in Andy's hands. But over the past hundred years, the family creed had made him lose this impulse, which was related to the family's inheritance. He did not has the final say, he had a brother.
"Don't worry, don't worry. If you look again, maybe you can think about the position your family doesn't want to sit in all the time..."
Looking at the family portrait two years ago in the picture frame on the table, his son Otton and Andy with a gloomy expression, their eyes stopped on Otton's face.
After pondering for a long time, old Smith reached out his hand and pressed on the answering machine. "Let David in."
Soon a middle-aged man, who was about 1.8 meters tall and a little skinny and a little balding, knocked on the door and walked in.
"Mr. Smith, would you like to see me?"
"Sit, David, how many years have you been my staff?" Old Smith looked at his dimpled eyes, a pair of big eyes flashing with the bright light of David dehley.
"It's been eight years..." David was a little confused and answered.
"Eight years, ha ha, David, do you want to change your job..."
David was a little surprised to see the cigar on the spot, smiling at his old Smith, full of fog.
Please report us if you find any errors so we can fix it asap!
At the end of the fashion show, Ivana, one of Chanel's advertising spokesmen, participated in the celebration party, which is undoubtedly very boring for Andy. Because her brand will soon go on sale, Ivana will not be endorsing Chanel after the expiration of the future contract.
So they showed up at the party, said hello to some acquaintances, and then chose to leave. Andy and Ivana talked with President of Chanel Asia and Mr. Zhou.
Mr. Zhou was shocked and impressed by Andy's Mandarin and understanding of rabbit culture, which made her and some of her friends sigh for a long time after returning home.
"Bang!"
"Shetter!"
In the meeting room, Andy slaps the table angrily. After a furious scolding, everyone lowers their heads and pretends not to hear the boss's swearing.
Andy calmed down his anger and rushed to be in charge of the acquisition of Newsweek. Li Xiaoying, who flew to Washington for negotiations with Katherine, raised her documents. "Emily, are you sure you are right? The whole building belongs to Newsweek? "
"No problem, boss, but this building has a history of nearly 60 years. In 1998, it was mortgaged by the Washington Post company to the bank with a loan of 315 million yuan. Except for 200 million yuan left to Newsweek to expand its branches and acquire some subsidiaries, the rest were taken away by the post group, and the loan will expire next year." Li Xiaoying replied with a serious face.
"Damn it, it's a skyscraper. It's sixty or seventy stories high. It's only a loan of more than 300 million points?" Andy is a little speechless about it.
"Well, boss, the value of these buildings at that time was no problem. At that time, the Chelsea building at 111 8th Avenue in Manhattan was only selling for 300 million dollars."
Andy takes a look at a little embarrassed alvette. Well, he's a little excited. Although he remembers that he bought Newsweek for $1 in his previous life, he knows that things won't be so simple. Now he's on his own. As expected, all kinds of troubles have arisen.
"That is to say, I have bought Newsweek and a 60 year old skyscraper with 315 million and one dollar?" Andy looked down at the number on the document.
"And the interest on the bank and the loss on the newspaper Li added.
Andy raises his head, looks at her with a bitter look, turns his head to Al and continues, "what do you think?"
"at present, the boss, if you take over the mess of Newsweek, will definitely make many people think of a fool. But boss, don't forget, the Newsweek building is located in Manhattan. Even if the real estate bubble burst, house prices plummeted, the housing prices in the upper east side of New York will not change much, and maybe a small increase in the market will also be possible.
I didn't really see this newspaper before. Now I think that the boss needs to determine the acquisition as soon as possible. We don't have to worry too much about the 100 million US dollars drawn by the post, because this building will definitely give the boss several times the return! " Alvert column opened the folder in his hand and began to express his views.
"According to!" Andy asked.
"After learning about this, the think tank collected data overnight and made these two charts..." Al took out two charts and gave them to his assistant. Then someone quickly drew the curtains, turned off the lights and turned on the slide projector.
"this is the office map of Manhattan from 1997 to 2004. After 1997, the bubble of technology stocks represented by Nasdaq pushed up the prosperity of the capital market, and the demand for office buildings increased greatly. The prices of office buildings peaked in 2001, and did not begin to be adjusted until after 911, hitting the bottom in 2004.
Then there are the reasons such as the continuous expansionary monetary policy of the Federal Reserve, which have promoted the sharp rise of real estate prices in the United States. Everyone sitting here knows what will happen in the future. But at present, the price of office buildings has reached the highest point. I think it will fall when the crisis comes, but everyone, the annual rent of office buildings has already At $69.58 per square foot, the vacancy rate is less than 5.3%!
As the central city of New York, the office building market in Manhattan is more mature and stable than other markets in the United States, even in the world, which is characterized by low vacancy rate and rapid recovery in fluctuation.
Boss, I can guarantee that even in the event of a crisis, the rent of office buildings in Manhattan will still return to the current price in two years, at the latest three years.
Take the Chelsea building as an example. It sold 300 million US dollars in 1998, and its assets have reached 800 million US dollars in 2004. It is also a building with decades of history. I believe that the value of Newsweek building will only be high but not low! "
Andy micro squints his eyes, looks at the data on the screen, waves his hand, immediately someone turns off the machine, opens the curtain, looks at Li Xiaoying, "do you think the other side's conditions are acceptable?"
"If we don't pursue the $115 million, there is no problem with this acquisition. The post group is in urgent need of getting rid of this burden. Through contact with me, I found that the people in power of the Post don't have much confidence in the future of the newspaper industry. They operate the post in a shrinking manner, which is too cautious. What I see is an old newspaper group that is in a state of decline. "In fact, Li Xiaoying didn't say anything else. She even felt that Catherine didn't like running newspapers at all. More importantly, she forced herself to take over for the sake of keeping the power of the family industry from falling aside. She could even guess the final destination of the post group, which would undoubtedly be changed.
"In that case, in case of any unexpected situation, please prepare. We will fly to Washington in the afternoon. Al informs Jon Mitcham, Torry, to call and package a private plane..."
Now that he has made a decision, he can't muddle along. Andy won't let the duck fly. He starts to divide the work among the people. Little assistant Tori twists his hips, picks up the minutes of the meeting, quickly steps out of the meeting room and calls the airline.
After the meeting, Andy went back to the office, took out his cell phone and called Ivana.
"Hello, go home at noon and pack up. You need to take off with me in Washington. Let's go home for specific things. You need to arrange work. Maybe you need to stay in Washington for a few days..."
Hang up and sit in the boss's chair. Andy plays with his cell phone and thinks.
After the signing of the acquisition agreement, this is just the beginning. Newsweek has been mad at the Washington government for decades, especially focusing on various issues in the White House, which has also become the target of Washington's major suppression. This is no mistake.
But now that Andy Smith takes over Newsweek, he will not let this situation continue. Although he will not completely subvert and change Newsweek's news concept, he will not make his relationship with Washington as bad as before.
He needs to use the influence of his family and grandfather to break the deadlock. Thinking of this, Andy picks up the seat on the desk and starts dialing.
"Good morning, Grandpa. Didn't I bother you? Is it convenient for you to speak now? "
Old smith sat in his office in Congress and said with a smile, "you kid, you won't call me if you're OK. Come on, what's the matter?"
Then he waved and asked his assistants in the office to leave. He went around the table and sat in the comfortable boss chair.
At the beginning of the smile, the smile suddenly stagnated, a little surprised to confirm: "Andy, you are really saying? Where is it? We'll sign the contract soon... Well done, very good! It's a big surprise. It's good. Let's talk. What can I do for Grandpa? "
Hang up the phone, old Smith's face smile more brilliant, his grandson more and more let him happy, happy, the mood becomes extremely comfortable, to tell the truth, Andy's acquisition of Newsweek this news for his party whip is a big surprise.
It is undoubtedly good news that a leading media with great influence in the world will soon belong to the Smiths. As an old political family, although it also controls shares in some newspapers and TV stations, it is not its own family after all. However, the Smiths family has never had a talent in business for such a long time With lawyers, doctors are artists, let alone the media industry.
Now Andy not only has great success in business, but also has great influence and voice in the media and publishing industry. It took less than a year for 22-year-old children to reach this level, which is rare in the world.
at some point, old Smith even wanted to break the tradition and put some family resources in Andy's hands. But over the past hundred years, the family creed had made him lose this impulse, which was related to the family's inheritance. He did not has the final say, he had a brother.
"Don't worry, don't worry. If you look again, maybe you can think about the position your family doesn't want to sit in all the time..."
Looking at the family portrait two years ago in the picture frame on the table, his son Otton and Andy with a gloomy expression, their eyes stopped on Otton's face.
After pondering for a long time, old Smith reached out his hand and pressed on the answering machine. "Let David in."
Soon a middle-aged man, who was about 1.8 meters tall and a little skinny and a little balding, knocked on the door and walked in.
"Mr. Smith, would you like to see me?"
"Sit, David, how many years have you been my staff?" Old Smith looked at his dimpled eyes, a pair of big eyes flashing with the bright light of David dehley.
"It's been eight years..." David was a little confused and answered.
"Eight years, ha ha, David, do you want to change your job..."
David was a little surprised to see the cigar on the spot, smiling at his old Smith, full of fog.
At the end of the fashion show, Ivana, one of Chanel's advertising spokesmen, participated in the celebration party, which is undoubtedly very boring for Andy. Because her brand will soon go on sale, Ivana will not be endorsing Chanel after the expiration of the future contract. So they showed up at the party, said hello to some acquaintances, and then chose to leave. Andy and Ivana talked with President of Chanel Asia and Mr. Zhou. Mr. Zhou was shocked and impressed by Andy's Mandarin and understanding of rabbit culture, which made her and some of her friends sigh for a long time after returning home. "Bang!" "Shetter!" In the meeting room, Andy slaps the table angrily. After a furious scolding, everyone lowers their heads and pretends not to hear the boss's swearing. Andy calmed down his anger and rushed to be in charge of the acquisition of Newsweek. Li Xiaoying, who flew to Washington for negotiations with Katherine, raised her documents. "Emily, are you sure you are right? The whole building belongs to Newsweek? " "No problem, boss, but this building has a history of nearly 60 years. In 1998, it was mortgaged by the Washington Post company to the bank with a loan of 315 million yuan. Except for 200 million yuan left to Newsweek to expand its branches and acquire some subsidiaries, the rest were taken away by the post group, and the loan will expire next year." Li Xiaoying replied with a serious face. "Damn it, it's a skyscraper. It's sixty or seventy stories high. It's only a loan of more than 300 million points?" Andy is a little speechless about it. "Well, boss, the value of these buildings at that time was no problem. At that time, the Chelsea building at 111 8th Avenue in Manhattan was only selling for 300 million dollars." Andy takes a look at a little embarrassed alvette. Well, he's a little excited. Although he remembers that he bought Newsweek for $1 in his previous life, he knows that things won't be so simple. Now he's on his own. As expected, all kinds of troubles have arisen. "That is to say, I have bought Newsweek and a 60 year old skyscraper with 315 million and one dollar?" Andy looked down at the number on the document. "And the interest on the bank and the loss on the newspaper Li added. Andy raises his head, looks at her with a bitter look, turns his head to Al and continues, "what do you think?" "at present, the boss, if you take over the mess of Newsweek, will definitely make many people think of a fool. But boss, don't forget, the Newsweek building is located in Manhattan. Even if the real estate bubble burst, house prices plummeted, the housing prices in the upper east side of New York will not change much, and maybe a small increase in the market will also be possible. I didn't really see this newspaper before. Now I think that the boss needs to determine the acquisition as soon as possible. We don't have to worry too much about the 100 million US dollars drawn by the post, because this building will definitely give the boss several times the return! " Alvert column opened the folder in his hand and began to express his views. "According to!" Andy asked. "After learning about this, the think tank collected data overnight and made these two charts..." Al took out two charts and gave them to his assistant. Then someone quickly drew the curtains, turned off the lights and turned on the slide projector. "this is the office map of Manhattan from 1997 to 2004. After 1997, the bubble of technology stocks represented by Nasdaq pushed up the prosperity of the capital market, and the demand for office buildings increased greatly. The prices of office buildings peaked in 2001, and did not begin to be adjusted until after 911, hitting the bottom in 2004. Then there are the reasons such as the continuous expansionary monetary policy of the Federal Reserve, which have promoted the sharp rise of real estate prices in the United States. Everyone sitting here knows what will happen in the future. But at present, the price of office buildings has reached the highest point. I think it will fall when the crisis comes, but everyone, the annual rent of office buildings has already At $69.58 per square foot, the vacancy rate is less than 5.3%! As the central city of New York, the office building market in Manhattan is more mature and stable than other markets in the United States, even in the world, which is characterized by low vacancy rate and rapid recovery in fluctuation. Boss, I can guarantee that even in the event of a crisis, the rent of office buildings in Manhattan will still return to the current price in two years, at the latest three years. Take the Chelsea building as an example. It sold 300 million US dollars in 1998, and its assets have reached 800 million US dollars in 2004. It is also a building with decades of history. I believe that the value of Newsweek building will only be high but not low! " Andy micro squints his eyes, looks at the data on the screen, waves his hand, immediately someone turns off the machine, opens the curtain, looks at Li Xiaoying, "do you think the other side's conditions are acceptable?" "If we don't pursue the $115 million, there is no problem with this acquisition. The post group is in urgent need of getting rid of this burden. Through contact with me, I found that the people in power of the Post don't have much confidence in the future of the newspaper industry. They operate the post in a shrinking manner, which is too cautious. What I see is an old newspaper group that is in a state of decline. "In fact, Li Xiaoying didn't say anything else. She even felt that Catherine didn't like running newspapers at all. More importantly, she forced herself to take over for the sake of keeping the power of the family industry from falling aside. She could even guess the final destination of the post group, which would undoubtedly be changed. "In that case, in case of any unexpected situation, please prepare. We will fly to Washington in the afternoon. Al informs Jon Mitcham, Torry, to call and package a private plane..." Now that he has made a decision, he can't muddle along. Andy won't let the duck fly. He starts to divide the work among the people. Little assistant Tori twists his hips, picks up the minutes of the meeting, quickly steps out of the meeting room and calls the airline. After the meeting, Andy went back to the office, took out his cell phone and called Ivana. "Hello, go home at noon and pack up. You need to take off with me in Washington. Let's go home for specific things. You need to arrange work. Maybe you need to stay in Washington for a few days..." Hang up and sit in the boss's chair. Andy plays with his cell phone and thinks. After the signing of the acquisition agreement, this is just the beginning. Newsweek has been mad at the Washington government for decades, especially focusing on various issues in the White House, which has also become the target of Washington's major suppression. This is no mistake. But now that Andy Smith takes over Newsweek, he will not let this situation continue. Although he will not completely subvert and change Newsweek's news concept, he will not make his relationship with Washington as bad as before. He needs to use the influence of his family and grandfather to break the deadlock. Thinking of this, Andy picks up the seat on the desk and starts dialing. "Good morning, Grandpa. Didn't I bother you? Is it convenient for you to speak now? " Old smith sat in his office in Congress and said with a smile, "you kid, you won't call me if you're OK. Come on, what's the matter?" Then he waved and asked his assistants in the office to leave. He went around the table and sat in the comfortable boss chair. At the beginning of the smile, the smile suddenly stagnated, a little surprised to confirm: "Andy, you are really saying? Where is it? We'll sign the contract soon... Well done, very good! It's a big surprise. It's good. Let's talk. What can I do for Grandpa? " Hang up the phone, old Smith's face smile more brilliant, his grandson more and more let him happy, happy, the mood becomes extremely comfortable, to tell the truth, Andy's acquisition of Newsweek this news for his party whip is a big surprise. It is undoubtedly good news that a leading media with great influence in the world will soon belong to the Smiths. As an old political family, although it also controls shares in some newspapers and TV stations, it is not its own family after all. However, the Smiths family has never had a talent in business for such a long time With lawyers, doctors are artists, let alone the media industry. Now Andy not only has great success in business, but also has great influence and voice in the media and publishing industry. It took less than a year for 22-year-old children to reach this level, which is rare in the world. at some point, old Smith even wanted to break the tradition and put some family resources in Andy's hands. But over the past hundred years, the family creed had made him lose this impulse, which was related to the family's inheritance. He did not has the final say, he had a brother. "Don't worry, don't worry. If you look again, maybe you can think about the position your family doesn't want to sit in all the time..." Looking at the family portrait two years ago in the picture frame on the table, his son Otton and Andy with a gloomy expression, their eyes stopped on Otton's face. After pondering for a long time, old Smith reached out his hand and pressed on the answering machine. "Let David in." Soon a middle-aged man, who was about 1.8 meters tall and a little skinny and a little balding, knocked on the door and walked in. "Mr. Smith, would you like to see me?" "Sit, David, how many years have you been my staff?" Old Smith looked at his dimpled eyes, a pair of big eyes flashing with the bright light of David dehley. "It's been eight years..." David was a little confused and answered. "Eight years, ha ha, David, do you want to change your job..." David was a little surprised to see the cigar on the spot, smiling at his old Smith, full of fog.
