American Fortune Life

“By the way, does anyone know about The New York Times? ”

After talking about NBC Worldwide, Andy thought about the information Ivana had told herself and had to ask her own think tank.

“There's... ”

A subordinate responsible for media affairs responded hastily, turning over the folder at speed, looking for documents from inside and reporting.

“The New York Times opens today at $8.64 and the New York Times Group is currently seriously insolvent, with previous Group reports to the United States Stock Exchange indicating that they currently hold only $46 million in cash, but at least $400 million in debt must be repaid by March next year. As we understand it, the New York Times is likely to owe up to a billion dollars.

In an effort to ease the pressure on funding, the New York Times raised $25 million in the third quarter of this year, but it is no match for a rapid decline in advertising revenues, which currently necessitates the search for new sources of funding. The company has also recently cut dividends by 75% and, according to our analysis, they are likely to sell part of the company's assets.

And the information received from some sources confirms our assumption that James, chief financial officer of the Times, has privately revealed that the New York Times has hired high-latitude properties of prominent real estate companies to represent it and seek financing through mortgages or after-sales lease-backs. ”

“New York Times Building, after-sales leaseback... ”

After hearing a detailed introduction from one of his men and looking at the contents of the document that had been delivered to him, Andy was forced to whisper his chin.

Recent years have been hit hard by online media, with advertisers in the past turning to a wider audience, more influential and more affordable online media. Andy's report shows a 3.1 per cent drop in non-weekend releases to The New York Times. Moreover, the impact of the financial crisis on the traditional publishing industry has made these media giants year-round.

Andy doesn't have an idea about The New York Times, but he can't really make it out on a front these days, but he also has to guard against Murdoch, the old fox who's been moaning about The New York Times, who doesn't mind clogging each other.

“620 Eighth Avenue, huh, if I recall correctly, they moved into the new building last year, right?” Andy dropped the file in his hand and smiled softly at a think tank member named Suzberg who had just answered his question.

“Yes, in 2007, they sold the old building and moved into the 52-story skyscraper at 620 8th Avenue, Times Square. The new building costs approximately $850 million.

The New York Times Group held 58 per cent of the shares. A lot of people thought it was crazy that the New York Times Group invested so much money in building this building at a time when newspaper sales were getting worse and the company's outlook was unclear.

Immediately thereafter, the New York Times Group was hit by the economic crisis. ”

Andy glanced at Alvitelli and said, "Al, what do you think? ”

“Consider Manhattan, an inches old, located in Times Square, near PennStation Station, one of the most important transportation hubs in New York, with high traffic and convenient transportation. ”

Andy nodded in agreement with Al's suggestion and said with a smile to a subordinate named Suzbek: "You're in charge of this. Contact the New York Times and tell them I'm interested in the Times building. I can buy it and sublet it to them at the right price, if the price is right. ”

“Good boss, I'll get in touch with them in a minute.” Sutzbeck was delighted and immediately replied that he was happy that he had finally had the opportunity to prepare for what was no big deal and was not proactive.

Andy likes smart, prepared, motivated people, and he has a hierarchical presence in his think tank, and not everyone can sit in the conference room with him face-to-face, and not everyone can give him advice, let alone a unique opportunity to extend Andy Smith's brain, which is very rare.

“By the way, Al, recently recruited some more talent to reserve. A message came from Heaven Dynasty that more than 20 finance companies will be flying to the United States and the United Kingdom within two weeks to tap into the talent of the American and British financial communities.

I hear they're not only going to Chicago and London, they're coming to New York. This time they are very ambitious and will employ more than 1,000 people in over 170 professional areas, including banking, funds and securities. ”

In anticipation of Li Xiaoying's email this morning, Andy had to remind Alvitelli.

The people in the conference room heard the news, and they couldn't help but look at each other. Heavenly Dynasty is ready to copy ‘American goods’.

Alvitelli nodded with a frown, while Andy turned his attention to Thompson, the head of the property management company in the think tank.

“Thompson, the first American viewing house organized by Heavenly Dynasty, will arrive in Los Angeles in five days by charter, and you will be responsible for hosting and training all Chinese brokers.

This is the first batch, made up of 100 people, and if you can sell all the houses in our hands, it depends on how it works this time, don't screw it up.

By the way, they will basically buy it in cash and pay off the cards at once. Don't be surprised, get ready in advance! ”

As soon as Andy's voice went down, there was a lot of discussion in the conference room, one of them was a little surprised and sighed, but the more he looked at the big BOSS with a smile, the more he admired it.

The real estate owners who bought and stockpiled, which could not be mortgaged, was copied by the bank and could only be sold at a low price, and could really make money, when the US real estate bubble broke...

What a piece of gold!

Andy naturally noticed his subordinates' gaze, and he just laughed at it. He's holding thousands of American courtyard villas in his hand right now. Isn't it because the people of Heaven are marching into the United States?

Scrambled houses, coal owners, and giant wealthy people in the capital will definitely buy a lot of American homes where prices have fallen to the bottom.

For such a cabbage price, the Tian Dynasty millionaires can't even blink their eyes!

Is the house too small?

Yes, how big the house is!

Hollywood celebrities used to live in a mansion.

Little plum sleeping wounds, Jennifer Flopez bathtub, Nicholas Cage weird taste decor...

The financial tsunami has spread around the world, and many Hollywood celebrities are busy selling cash on their mansions, but unfortunately, in the current economic environment, entertainment properties are priceless and all are scarce.

But Andy knew that these celebrity properties were of interest, almost all cabbage prices, and the tens of millions of mansions were just millions of dollars. Why didn't he hoard them? When the Tian Dynasties arrived, these properties were definitely grab!

“By the way, as long as all members purchase real estate this time, we will charter a flight to Houston to show them the atmosphere of the NBA live game. I will inform Dayao and take pictures with them. We must make them feel at home. When they return to Heavenly Dynasty, we will be promoted! ”

Andy knows very well how to make the Tianjin millionaires happy spending money, just to make them feel that these foreigners treat them as God, serve them in place, experience extraordinary treatment, make them twice as generous, money? What's the money? That's an asshole!

Thinking of the scene where these rich millionaires were sweeping, Andy touched his chin and frowned slightly, worrying that the property in his hand would be a little scarce and not enough for them to buy.

Never mind, first sell your own hoarding, then big deal, the cheap professional female strong woman, or, directly as an intermediary, build bridges with other US banks, or real estate, eat intermediary fees on both ends, squeak, make a lot of money.

Silent and silent in the conference room, everyone was unknown, so he looked at the big BOSS that was touching his chin, squinting his eyes, smiling at the corner of his mouth, raising his face to a 45-degree angle, and falling into YY...