America's Road to Wealth

Chapter 50 Luxury House and New Office Location



Integrated kitchen and dining area, glass indoor small garden, indoor swimming pool, outdoor swimming pool, tennis court, wine room, sauna room, gym, bowling alley, electronic entertainment room

All the European and American luxury homes should have, including a full range of living facilities.

Outside the villa building, layers of trees surround the villa, making it very private.

Outside the garden with sculptures and fountains is a sunny beach stretching between the sea and the sky.

On the other side of the sea is the outline of the United Nations building.

I can only get a rough idea, but it’s still a gimmick.

The geographical location is in King's Point, New York. The English name of King's Point is Kings Point, which should be directly translated as King's Point.

This is a town in the New York metropolitan area and part of Nassau County.

The prototype of Gatsby's manor in the movie The Great Gatsby is also in this area.

Such a property covers an area of ​​8.2 acres, which is converted into a mansion of more than 33,000 square meters.

The quoted price is US$65 million.

Want to buy it,

In addition to the US$65 million, there are also corresponding taxes and fees.

For such a large house, the annual investment in repairs and maintenance will most likely exceed $500,000.

Moreover, if two masters lived in such a large manor villa, they would need at least seven servants.

1 to 2 cooks. Three or so housekeeping staff.

2 to 3 gardeners or cleaners.

This does not include the permanent bodyguards and security system.

If the ostentation is more luxurious, the number will be more than double.

If it were more luxurious, the number of service staff would be doubled.

For example, some wealthy people have people who shine their shoes, clean swimming pools, plan itineraries, and even hire someone to walk the dog.

To serve such a family, more than 100 professional servants are needed.

Abel's calculation of 7 to 8 people can be said to be very economical.

But even these 7 to 8 people need to pay more than 500,000 US dollars in compensation every year.

To maintain the operation of such a luxurious manor, an annual investment of at least one million US dollars is required.

In addition, there is such a thing as property tax.

That’s right, American property, real estate, and real estate are all freehold.

However, estate taxes are terrible.

However, even if inheritance taxes are excluded, property taxes still have to be paid every year.

If you choose not to pay.

As per New York State regulations.

From the beginning of the next fiscal year, if it has not been paid after 5 fiscal years.

The title of the house will be transferred to the state government in preparation for the next auction.

Anytime before the official auction, of course.

The original owner can still get the property back as long as all the payments are made.

But once it is officially auctioned, the owner will permanently lose his property rights and cannot get them back.

The tax rate is based on the price of the property. About between 1% and 3%.

The price of the property is assessed by a specialized department, and annual taxes are collected based on this assessed price.

The tax here in New York depends on the location. Floating from 1.2% to 3%.

The highest in Manhattan,

It's fine here on Long Island.

A real estate tax of 1.5% per year, 65 million times 0.015, is about 970,000.

Even if you buy a house but don't live in it, you still have to pay taxes of 970,000 per year.

In other words, live in such a house.

Annual taxes plus overheads start at $2 million.

It is really not affordable for ordinary rich people, at least it has to be a billionaire.

Fortunately, Abel is such a billionaire, and he likes this villa very much.

Compared to his family's home in Texas, it is mainly a functional rancher's estate.

Here on Changdao,

This kind of luxury home is mainly about luxury, comfortable living and beautiful mansion.

He still prefers this here.

The key is that it's not far from Manhattan, 20 miles in a straight line.

If you drive, it's only about 40 miles.

Rich people don’t need to drive at all, they just fly in and out.

This distance, for a helicopter, takes less than half an hour from takeoff to landing.

And most of the time is actually mainly spent on takeoff and landing.

It's completely possible to work in Manhattan and live on Long Island.

This is why Nassau County and Suffolk County on Long Island are so popular among New York's wealthy.

After half an hour of walking around, Abel didn't finish it all.

At most, he only visited a third of the place, but he had already decided to buy it.

This is it. He said to David Jones, who was half a step behind him with a respectful attitude:

Let's talk to the buyer. The price is $60 million. I'll buy it right away.

It doesn't mean that if someone quotes 65 million US dollars, you have to pay 65 million to buy it.

The price of this type of luxury property can often be negotiated a little.

It’s just this location, this area, and this level of interior decoration.

It should still cost 60 million US dollars, so Abel didn’t bargain hard.

No problem. David Jones smiled: We will go to the homeowner to negotiate the price right away.

Although it is 65 million, Express Company can earn more and get a higher commission.

But people take a very long-term view.

Compared with this profit, it is more important to gain the favor of the guests.

If the customer's favorability is high and the customer becomes a loyal customer.

More profits in the long run.

After seeing this mansion, Abel was not that interested in houses in other places.

He will buy it in the future, but that will happen later.

The next step is to choose a new location for the company, and American Express offers three options.

One is a five-story flat-roofed commercial building in the center of Huangdian Town, which is relatively close to this mansion.

The total area is about 10,000 square feet, and the five floors have a construction area of ​​more than 30,000 square feet.

Underground parking, company plaza and other facilities are all available, and it is within an hour's drive from Manhattan.

The second place is in Queens, just across the Hudson River from Manhattan.

Queens' economic aggregate ranks second in New York and shows a diverse economic structure.

New York's busiest airports, John F. Kennedy International Airport and LaGuardia Airport, are located in the area.

This part of the city, across the river from Manhattan, is also the choice of many financial companies.

The third place is an outlying island located at the mouth of the Hudson River.

The area of ​​Manderson Island is sufficient, more than 20,000 square feet. The buildings on the island are also ready-made.

David Jones said: But there is no fresh water on the island, and electricity and Internet have to go under the sea from Manhattan. Life is very inconvenient.

“The good thing is it’s very close to Manhattan, about the same as Queens.”

Then what other choice is there? Just choose Queens. Abel shrugged.

Queens is the closest neighborhood to the mansion, as well as to Manhattan and two airports.

There are many other well-known corporate headquarters nearby, such as Long Island Bank, General Motors Group headquarters, etc.

I'm not in Manhattan, and I don't want to be far away from Wall Street.

Queens is the best choice.


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