In New York, whether it is a single building, a complex or a residential complex, the first step in development is to make a master plan (the overall plan and the preliminary design of the house) and submit it to the Construction Authority for approval.

After approval, further construction drawings will be made, and then submitted for approval (at the same time, the construction permit fee and construction supervision fee will be paid), and the construction can be started only after all approvals.

Therefore, after the land was transferred, Lin Zidan and Eddie quickly established a development planning project team, and tendered to several existing large project development companies in New York City to seek the best planning scheme.

Lin Zidan and Eddie met Richard privately. It has been more than half a year since the last meeting in the bar, but this time, the roles of the three have changed a lot.

At present, the three of them not only want to work together, but most importantly, Richard and his company are also one of the most powerful planning companies participating in the bidding.

To put it simply, Lin Zidan and Eddie are probably the first parties in the development of this huge project. So this meeting was the result of Richard personally coordinating.

In the United States, especially in New York, real estate development is a profitable business. If it works properly, it will be a process of turning a stone into gold, turning a piece of loess into countless gold bars and banknotes; but if it works improperly, there is a risk that developers will go bankrupt.

As for what kind of people can be successful in real estate development, some experts give the following conditions:

First, you need to have a "big" heart, able to stand things up, have a strong tolerance and resistance to pressure.

Second, there must be strong funds. Third, have experience and knowledge.

Therefore, this kind of trading is only suitable for a small number of investors who are prepared, have the ability to take risks, and have rich knowledge and experience.

Although Lin Zidan has been deeply involved in the real estate industry, it is a pity that he is only a leader in the real estate agency industry. When it comes to land development, he is still a newcomer. Except for the development of low-rent housing and commercial buildings last time, he has no investment experience at all.

Under the system of some countries, people do not have ownership of land, but they will have absolute ownership of the real estate after purchasing real estate land in the United States. Therefore, some people think that as long as they have ownership, they can "do whatever they want" and develop and build on the land at will. , in fact this is a misunderstanding.

In fact, in the United States, land ownership (Title) and land development rights (Entitlement) have the same root and different meanings, and are completely different concepts.

Land ownership is an objective physical substance that determines what the owner "has". Once owned, it is permanent, the owner has control over it, is protected by law, and is also a transferable commodity.

Land development rights are artificially formulated and subjective regulations and agreements, which determine what the developer "does". There is an expiration time (for example, the construction permit will expire after 6 months), and the landlord has no control over it. The nature is ZF. License, not protected by law.

That is to say, if you only have land ownership but no land development rights, you will start to build a house by yourself, which is an illegal construction and will not work.

In fact, in the United States, especially in a metropolis like New York, the biggest risk of land development projects is its uncertainty.

First of all, even if you have a piece of land, it is very uncertain whether you can successfully apply for land development rights.

Secondly, various obstacles may be encountered during the development process. Before the development, the developer needs to do the most adequate due diligence analysis/feasibility analysis report.

The main purpose is to analyze infeasibility, try to eliminate all potential obstacles, and try to eliminate all risks that the project will be blocked and "cut in half" after the project is carried out.

Once again, the market is unpredictable, and the marketing after the project is completed is still uncertain.

As the so-called backed by a big tree to enjoy the shade, the Harrison family is a large real estate group integrating planning, development, construction, marketing and property management, and one of the largest real estate development giants in New York.

Its rich experience in real estate development and a strong planning team are second to none in the industry.

If they can incorporate the experience and integrated services of Richard and the entire Harrison family, they can take a lot less detours and risk failure than working with other companies.

Therefore, after receiving the invitation from Richard, Lin Zidan and Eddie happily went to the appointment.

------------------

The three had an appointment for business Chinese food at the Four Seasons Hotel. Lin Zidan remembered that this seemed to be Harrison's favorite place to hang out, so he was somewhat amused by Richard's caution.

Eric told Lin Zidan that if it was just a 21 million land project, Richard did not plan to cooperate with them, but because Lin Zidan and Eddie had done a lot of bidding and publicity, all real estate development companies in the industry wanted to Get involved.

The key point is that Harrison Group is indeed the best among the several planning companies currently selected to participate in the bidding, whether it is for the comprehensive planning of the land development project or for the choice of professional authority, The Harrison Group is likely to win.

But Richard was in a hurry. He was eager to show his father the efforts he had made in this tender proposal, so he asked them to talk to them again in private, trying to find out what they were saying.

"Hi~ Eddie, hi~ Mr. Lin~"

When Lin Zidan and Eddie arrived this time, Richard had been there for a while, sitting at the waiting bar with a newspaper provided by the hotel in his hand, but he didn't seem to take it too seriously, because Lin Zidan was two of them. As soon as he entered the door, he stood up from his seat, looking delighted.

"Hi~ Richard, long time no see~"

Eddie walked over, shook hands with each other very enthusiastically, and then stepped aside a little to let Lin Zidan shake hands with Richard.

"Sir, are your guests all here?"

A young male waiter came over and asked very respectfully.

"We're all here, please take us to a seat!"

Richard changed his easy-going appearance when facing them just now, and spoke to the waiter indifferently.

"Okay sir, please come this way~" The waiter stretched out his hand and bowed, leading them to the reserved seats.

"Mr. Lin, I just met Eric the day before yesterday, and I just found out that you cooperated with him on a charity project. I didn't expect you to be a benevolent person at such a young age. I admire it~"

As soon as he sat down, Richard began to look for common topics from Lin Zidan. This time, the state of the whole person was really different from the first time they met.

"Really? I mentioned you to Eric last night~www.wuxiamtl.com~ He always praises you for your ability." Lin Zi said in a polite way.

"Haha, it's too much. My younger brother is just not good at real estate, but his paintings are indeed... I can still see it."

Richard tried hard to find words of praise that he had never been able to say before, praising his half-brother, so his tone and expression seemed a little uncomfortable and very natural.

"Eric's paintings are really good. Last time my wife and I participated in one of his auctions. As a modern abstract painting style, his paintings are still very spiritual. My wife appreciates his works."

Eddie didn't compliment him at all. He took his wife and Lin Zidan to Eric's auction last time, and visited his largest gallery in Midtown. Finally, he bought a painting of Eric during the epidemic, and agreed with him. Consider it very collectible.

"Hehe~ Really, I can only say that I don't know much about art. You know, I have always been committed to dealing with reinforced concrete." Richard sneered.

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