AMEX to return to World Financial Center.American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. recently will return to their headquarters at the World Financial Center after demanding that the city beef up security around the building. Mayor Rudolph Giuliani, when faced with the demands initially, called them "unrealistic." In the end, however, the city agreed to meet Amex's demands halfway. It remains unclear what new security measures Noun 1. security measures - measures taken as a precaution against theft or espionage or sabotage etc.; "military security has been stepped up since the recent uprising" security will be taken, though K-9 patrols and mounted police units List of mounted police forces This article lists mounted police units and forces by country and, where applicable, by sub-national or regional units. Australia
The firm's headquarters in 3 World Financial Center housed 5,000 employees prior to Sept. 11. The company also leased space in 7 World Trade Center, which was destroyed. "We've had assurances from both the city and state that all of our security demands will be met. Now everything is in place and we're ready to move back to the World Financial Center," said Judy Tenzer, a spokeswoman for American Express. Amex's demands could become status quo [Latin, The existing state of things at any given date.] Status quo ante bellum means the state of things before the war. The status quo to be preserved by a preliminary injunction is the last actual, peaceable, uncontested status which preceded the pending controversy. as firms consider moving back into lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North . "If they do it for American Express, they will have to do it for the next guy," said Peter Pattison, a real estate consultant. Many firms are waiting for an incentives package to take shape before they commit to a downtown lease. But it could be months before any package is finalized, so many of these firms have already signed leases elsewhere. |
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