Breaking Up Is Better Than Divorce

chapter 19



Trump Tower

“The Trump family? I think I heard it somewhere.”

Yoosung tilted his head and said.

“There is a man named Donald Trump. I’m a real estate entrepreneur, more famous for being a celebrity. He’s a TV show host called The Apprentice, and even Americans don’t know about it.”

“Does a business person host a TV show? America is fun.”

“It’s not that America is funny, he’s a funny person. If you can’t get people’s attention even for a moment, you can’t stand it.”

“It’s a custom.”

“Is not it.”

Eugene smiled softly involuntarily. Because he knows all too well how one official can change the world.

“But why here?”

“I want to see some real estate. I have a lot to come to New York in the future, but every time I come, I can’t stay in a hotel.”

“It is. The hotel fee is also expensive. It’s something that Dasan won’t be able to receive a hotel for until then……”

Eugene entered the building and met the building manager in the lobby.

“welcome. This is Anthony of Trump Organization.”

“Yes. This is Eugene.”

“We have received a call from the Palace Hotel. You said you wanted to see a condo. I will guide you.”

Eugene did not contact the real estate agency, but the Trump Organization, which manages the building.

He also contacted the Palace Hotel Suite’s Butler, so he or she will know that Eugene has the financial resources to become a resident of this splendid building.

“It’s my first time visiting Trump Tower. It’s very flashy.”

“Up to the 6th floor is a shopping mall with luxury brands. Office up to the 19th floor and condos upstairs.”

“It would be convenient if there was a shopping mall downstairs.”

It was Yoosung who still thought it was just an ordinary apartment.

“uh? What kind of apartment is so big and gorgeous?”

After getting off the elevator to the 62nd floor, Yoosung followed the staff to the house and clicked his tongue.

In the huge drawing room, there are even stairs going up to the second floor.

“A total of 5 bedrooms on 6,100 square feet.”

“6,100 square feet face…….”

Yooseong, an engineering student, counts with his finger.

“It’s 566 square meters. In terms of pyeong, it’s about 170 pyeong? It’s about 20% bigger than the hotel we’re staying at now.”

“You don’t see that much, do you?”

“I don’t know what the actual number is. However, it is large.”

The staff continued explaining.

“Best of all is this lovely living room overlooking Central Park.”

“The view of Central Park from the 63rd floor is great.”

“Yes? Our president’s best friend, Michael Jackson, also once lived here.”

“Micheal Jackson? The house where Michael Jackson lived?”

The shooting star that Trump doesn’t know, but Michael Jackson doesn’t know, was even more surprised.

“Didn’t you say that the house of the President of Trump Organisation’s family is also here?”

“you’re right. You are using all 3 floors from the upper floor. Among the many real estate properties of the President, I particularly like it, so he is almost always staying here.”

Trump’s pride in the Trump Tower here was great.

The interior reminiscent of Louis XIV’s Palace of Versailles is decorated in gold and even decorated with furniture and accessories decorated with real gold and diamonds.

Perhaps Trump was dreaming of becoming an emperor.

“If I lived here, I would be my neighbor.”

“Sure. Not only the president, but also Spielberg’s New York home downstairs.”

The employee was proud and pointed a finger down.

“Wow! is it huge? Spielberg?”

“When Hillary Clinton was in New York, she would stay in Spielberg’s unit. ah! There is also Bruce Willis’ home.”

Seeing the reaction of the shooting star and realizing that he was reacting to the celebrity, the staff spit out the celebrities who had bought the building.

Not surprisingly, this Trump Tower was once the hottest luxury apartment in New York.

However, it was also true that it was slightly pushed back compared to the recently built building, which has been built for over 30 years.

“When can I use it?”

“It’s empty right now, so you can come in right away.”

“Is there no place to fix it?”

“It is a place that we always take care of as we take charge of our Trump Organization. There will be no problem.”

“That’s good. Do you have to leave the hotel anyway?”

When I got a new hotel, I figured out the cost to go, and said Yooseong.

“The price is $28 million. If necessary, we will also introduce a bank that will provide a mortgage with a down payment of 10%. The monthly mortgage payment is about $160,000.”

“Twenty-eight million dollars? Separation… No, it’s very expensive… Oh, I don’t know. But are you going to buy it?”

“I’ll think about it.”

“But what about the down payment?”

Eugene smiled and answered Yoosung’s question.

“When you buy a house in the U.S., you pay a certain amount in advance, and the rest you pay monthly. At 10%, you pay 2.8 million dollars and you pay 160,000 dollars a month. ah! Taxes are separate.”

“It’s a home loan. Are you living in a luxury apartment like this?”

“Well, wouldn’t it be obvious? So what about rent? It wouldn’t be a bad idea to live for a while and then make a decision.”

“Rent is $150,000 per month and maintenance is $15,000. If you pay for one year in advance, we will give you a 10% discount.”

“Hmmm…”

Eugene remained silent for a moment, pretending to be in trouble.

“Let me think about it.”

“If price is an issue, we can show a little flexibility.”

“How much would you say if it was a one-year lump sum payment?”

“$150,000 in administration and $15,000 in administration. 12 months is $1.98 million, with a 10% discount, it is $1782,000.”

“Doesn’t it seem a bit excessive if the monthly rent is 15,000 dollars and the management fee is 15,000?”

Yoosung walked the other way. He doesn’t seem to like this house at all.

“It’s kind of like that.”

Eugene looked around the house dryly again.

“If it’s a management fee, we can reduce it a little.”

“It seems that the monthly rent is the problem rather than the management fee. Frankly, doesn’t Trump Tower look outdated compared to the new condos that are being built these days?”

“Hmmm… a little adjustment is possible, but….”

“A similar size to the newly built One 57 was around $120,000.”

“The rental fee should be negotiated with the owner of this unit, not our jurisdiction.”

“I know. Then, find out how long you can do it.”

After a while, an employee who had negotiated over the phone informed me that it was possible up to 140,000.

The management fee was also reduced to 14,000.

“Then how long will the sale be?”

“ah! Please wait a moment.”

The staff comes back after talking to the owner.

After so many negotiations, Eugene did not make a decision.

“I will have to compare it with the One57 again.”

“We will try again for a price that will satisfy you.”

From the perspective of the employee, where sales commission is more important than sales price, it seems that he really wanted to make this deal.

The price of high-end apartments in New York has been skyrocketing day by day, but if it is an old building like Trump Tower, the problem is a little different.

Big customers don’t come as often as VIPs who stay at a $25,000 a day hotel.

“Are you really going to live here?”

Yoosung asked as he came out of Trump Tower.

“What do you think?”

“Well······. Considering the current hotel price, it will definitely be cheaper. But living at 200 million won a month is 30 billion won… Whoa! But are you going to buy it? Or is it monthly?”

“I think the purchase will probably be cheaper.”

“If the monthly rent is 2 billion won a year, that’s a big deal. Still, it’s a 30 billion won apartment… How much is the most expensive apartment in Korea?”

“Well? Do you want to be around 50 billion?”

“What. Because this is New York. Still, 30 billion… Ah, I can’t even get a feel for it.”

“It’s not that expensive. However, they say that for the time being, apartment prices in New York will continue to soar. If you buy it now, I don’t think there will be any loss.”

Of course, this Trump Tower is an exception.

Whether it’s because of Trump’s aggression in the presidential election, or because he’s made it difficult to get in and out of this apartment, only the price of this apartment will push back.

“And because it has the advantage of being downstairs in Trump.”

What is important is this.

“Is Trump that great?”

“It’s true that he’s a great person in every way.”

Eugene had a smile that his younger brother couldn’t understand.

A tug-of-war has begun to buy the Trump Tower mansion.

In the meantime, Eugene and Yooseong watched the assets being invested in BlackRock.

The amount invested in stocks, index funds, and hybrid funds ended up buying, but not futures.

Unlike stocks, you can invest in both rising and falling prices, so you had to make an appropriate decision depending on the circumstances at the time.

Instead of making that judgment for himself, Eugene delegated it to experienced dealers in BlackRock.

And the brother could observe his position in the office provided by BlackRock.

Of course, you can check it with a laptop at the hotel, but if possible, I was going to watch the experts from close and place an additional order again.

“I’m tired of looking at you all day.”

Oil prices fluctuated by a few dollars a day based on the $106 level.

Managers took a long position at the right time, or selected a short one.

Because Eugene did not specifically ask which direction to go.

And Eugene’s position went up and down by hundreds of thousands of dollars a day.

Yoosung posted a picture of the oil price futures chart.

#Oil Futures #Options #1 Billion Dollars

#blackrock #william yun

– He gave me a present! It looks crazy.

– I know? It’s a gift that even experts fall out in one shot.

– What do you know about a gift? If the derived room is hit by mistake, it goes to the goal.

– Not 200 million, but 2 billion disappears overnight.

– Nick Listenson’s rolling bearing bank is a gift.

– Nick Listen is an option, not a gift.

– The gift is right.

“Pop! Fight again.”

Yooseong, who was reading the comments, burst into laughter.

“I can’t stand it when something I know comes up.”

“That is human nature.”

“I do…”

– I want to see this hyung for a long time. Regretful.

– Just put it in a safe asset.

– You’re cool, brother. Please contact me!!

– Risky derivatives like gifts are not for everyone.

– What? If you’re like me, I’ll give it a try. Are you unlucky?

– Then go to one room.

– bye!

“Are there generally a lot of negative comments?”

“In Korea, there is a tendency to think of derivatives as gambling.”

“That’s how I saw it. I’m doing it without leverage like hyung. I don’t know much about stocks, but I think the biggest risk is that you can increase your leverage at will. To be honest, I don’t know what the difference is from gambling if it’s high leverage.”

“right. huge gambling board. This Wall Street… No, it’s the modern investment banking world. In the case of a gift, it is like poker where you fight one-on-one, and options aim for a few tenths to a thousandths or more, so wouldn’t it be similar to roulette or sports toto?

“I heard it and it is.”

“However, compared to other gambling, it is fair and the fee is low. In the case of lottery tickets and Toto, at least 50% or more is taken away, and tax is added to it, right?”

“To do….”

Although futures and options were initially started to hedge against crises, they are now a gambling game for money.

“Ah, I didn’t know I would come to such a great casino.”

It seems that Meteor has now decided to think of Black Rock as the largest casino in the world.

But if you knew the outcome, it was just sitting and eating money rather than gambling.

It was also a roll of money that grew exponentially once it started.


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