TAILIEUCHUNG - trump strategies for real estate billionaire lessons for the small investor phần 3

Ông là nhà phát triển bất động sản lớn nhất ở New York và được thừa nhận rộng rãi là một trong những bất động sản rực rỡ nhất đầu tư tâm trí bất cứ nơi nào. Ví dụ, vào đầu những năm 1980, với việc xây dựng Trump Tower vào ngày 5 Avenue, | TRUMP STRATEGIES FOR REAL ESTATE It is easy to understand that when this lawsuit was filed to stop the building the lenders who had agreed to finance the construction of the building got nervous. They felt that there was a real possibility that the building might never be built as Trump envisioned it. But Trump had a Plan B. He established a relationship with Daewoo one of the largest corporations in Korea who was willing to be his partner and would guarantee repayment of the loan if the planned building did not materialize. So now the mortgage lender wasn t worried about the adverse publicity or the lawsuit because they had this billion dollar company Daewoo which is the equivalent of General Motors in Korea to guarantee repayment of the loan if necessary. Meanwhile the building kept going up. The opposition tried to stop the construction. They claimed that if Trump s building was allowed to be built they would lose their beautiful views of the East River. They filed a lawsuit against Donald Trump and the City of New York for wrongfully issuing the building permit but Trump filed a countersuit that sought damages as a result of the opposition s lawsuit and a judgment that the building permit was properly issued. The court basically ruled that the city had every right to issue the permit and Mr. Trump had every right to build the building under the permit. They were not going to issue an injunction in this case because the damages would be horrendous and it was unlikely that Trump s position would be overturned on appeal. They allowed the construction to proceed. The opposition lost in the lower courts and eventually took their lawsuit to the Court of Appeals the highest New York State court. The Court of Appeals didn t even review the case to consider overturning it. Their comment to the plaintiffs was If you don t like the zoning law change it. But any subsequent change to the zoning law will not affect this building which is being built in accordance with the .

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