office. âA quarter of a million. You earmarked a quarter of a million to rehab that building.â
Sydney stayed where she was and quietly folded her hands on the desk. âIâm aware of that, Lloyd. Considering the condition of the building, Mr. Stanislaskiâs bid was very reasonable.â
âHow would you know?â he shot back. âDid you get competing bids?â
âNo.â Her fingers flexed, then relaxed again. It was difficult, but she reminded herself that heâd earned his way up the ladder while sheâd been hoisted to the top rung. âI went with my instincts.â
âInstincts?â Eyes narrowed, he spun back to her. The derision in his voice was as thick as the pile of her carpet. âYouâve been in the business for a matter of months, and you have instincts.â
âThatâs right. Iâm also aware that the estimate for rewiring, the plumbing and the carpentry were well in line with other, similar rehabs.â
âDamn it, Sydney, we didnât put much more than that into this building last year.â
One slim finger began to tap on the desk. âWhat we did here in the Hayward Building was little more than decorating. A good many of the repairs in Soho are a matter of safety and bringing the facilities up to code.â
âA quarter of a million in repairs.â He slapped his palms on the desk and leaned forward. Sydney was reminded of Mikhail making a similar gesture. But of course Lloydâs hands would leave no smudge of dirt. âDo you know what our annual income is from those apartments?â
âAs a matter of fact I do.â She rattled off a figure, surprising him. It was accurate to the penny. âOn one hand, it will certainly take more than a year of full occupancy to recoup the principal on this investment. On the other, when people pay rent in good faith, they deserve decent housing.â
âDecent, certainly,â Lloyd said stiffly. âYouâre mixing morals with business.â
âOh, I hope so. I certainly hope so.â
He drew back, infuriated that she would sit so smug and righteous behind a desk that should have been his. âYouâre naive, Sydney.â
âThat may be. But as long as I run this company, it will be run by my standards.â
âYou think you run it because you sign a few contracts and make phone calls. Youâve put a quarter million into what you yourself termed your pet project, and you donât have a clue what this Stanislaskiâs up to. How do you know he isnât buying inferior grades and pocketing the excess?â
âThatâs absurd.â
âAs I said, youâre naive. You put some Russian artist in charge of a major project, then donât even bother to check the work.â
âI intend to inspect the project myself. Iâve been tied up. And I have Mr. Stanislaskiâs weekly report.â
He sneered. Before Sydneyâs temper could fray, she realized Lloyd was right. Sheâd hired Mikhail on impulse and instinct, then because of personal feelings, had neglected to follow through with her involvement on the project.
That wasnât naive. It was gutless.
âYouâre absolutely right, Lloyd, and Iâll correct it.â She leaned back in her chair. âWas there anything else?â
âYouâve made a mistake,â he said. âA costly one in this case. The board wonât tolerate another.â
With her hands laid lightly on the arms of her chair, she nodded. âAnd youâre hoping to convince them that you belong at this desk.â
âTheyâre businessmen, Sydney. And though sentiment might prefer a Hayward at the head of the table, profit and loss will turn the tide.â
Her expression remained placid, her voice steady. âIâm sure youâre right again. And if the board continues to back me, I want one of two things from you. Your resignation
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