The Shadow Tycoon
Copyright© 2026 by CaffeinatedTales
Chapter 161: The Land He Would Not Sell
“I don’t have much money. Part of what I do have has to go into the early construction of the apartments...”
Hart was not lying, nor was he exaggerating his present situation, good or bad. He was simply telling the truth. He had no money, and that was indeed the case.
“But the land in your hands is very important to me!” He remained sincere throughout, so sincere that he did not quite seem like a businessman, much less a real estate developer. People like that rarely told the truth so honestly.
When they discussed business, they usually behaved as if having it or not having it made no difference. Sometimes they were not especially reasonable either.
He kept looking directly into William’s eyes and did not avoid his gaze, as if doing so could prove something about his current circumstances.
“I’ve prepared two plans. Interested in hearing them?”
William nodded. “Of course. Otherwise, why would I be here?”
William’s words made Hart breathe a little easier. At least, that was how it appeared. He began discussing his plan.
“The first plan is that I can pay you about...” He thought for a moment. “About six hundred thousand dollars in cash. The rest of the payment can be converted into this project. Later, we will have a more detailed evaluation meeting. After the total investment is assessed, you’ll receive shares in the project according to proportion.”
This was also a relatively common form of cooperation. Put plainly, it was like taking a technical stake.
When others could not ignore a necessary condition in someone’s hands, that part could be brought into the total investment and occupy a certain investment ratio. This method was fairly common and widespread.
After William listened, he did not say whether it was good or bad. Hart left him some time to think, then began explaining the second plan.
“The second plan is simpler. I use equivalent shares in my company to exchange for the land in your hands...”
This was also a very common practice, especially in mergers and acquisitions between large companies. The larger a company was, the tighter its pressure on liquid funds actually became. Yet they also had such needs, such as acquiring other companies. This method effectively solved the pressure on cash.
Hart’s second plan was the same. He would give William a portion of his own company’s shares in exchange for this land, and he believed this was a good plan.
Once this project began, his company’s market value would certainly see a clear increase. William would effectively earn from his land twice.
After introducing his company in a tone tinged slightly with pride, he looked at William expectantly. He believed William would choose the second plan. That was obvious. He had also used this plan before to successfully draw in more supporters and investors.
William did not answer him immediately. Instead, he asked a question. “Is my land truly that important to you and your company?” he said thoughtfully. “You could choose some more remote land. The price would be lower, and your development costs would be smaller.”
Hart froze for a moment. He had not expected William to ask a question unrelated to his plans. At the same time, he realized that the two plans he had prepared might not be among William’s choices.
On the basis of maximum sincerity in negotiation, he explained some of the advantages William’s land possessed.
“That land is beside downtown. If we calculate by straight-line distance, there’s no problem saying it is downtown!”
Hart, including William and Jorgreman, could not help laughing. This was the phrase developers loved most: straight-line distance.
It also easily made people ignore the fact that if one wanted to reach another point by ordinary means of travel, the actual straight-line distance could turn into a very long journey. It was like the two banks of a river. The straight-line distance might be only a few dozen yards.
But without a bridge, going around dozens of miles to get there was perfectly normal.
“It has a business district and residential areas around it. This place better matches people’s needs for housing than other locations. I know land outside the city is cheap, but people would rather live in a park than live outside the city.”
“The living environment, the nearby environment, all of this relates to the final occupancy rate of these apartments, including whether the project will be easier to sell after it ends. The closer it is to downtown, the easier those problems are to solve, and the higher the financial subsidy will be.”
Hart seemed to be hiding nothing. He directly stated the core point. After Jorgreman listened, he nodded repeatedly. William also thought there was no problem with it.
If the project were built on undeveloped land outside the city, City Hall could directly give them free land-use rights. But the problem was, who would be willing to cross half the city to live outside the city? After the project ended, if these houses could not be sold, they might lose money.
The real money in this project lay in the final step: once the entire project ended, selling all the apartments in one stroke. Anyone whose brain had developed normally would understand that apartments beside downtown far surpassed suburban apartments, both in terms of audience and price.
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