American Express takes 200,000 s/f downtown.A delighted Governor George Pataki George Elmer Pataki (born June 24, 1945) is an American politician who was the 57th Governor of New York serving from January 1995 until January 1, 2007. He is a member of the Republican Party and was seen as a possible 2000 and 2008 Presidential candidate. has announced 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. is set to add 200,000 s/f to its downtown office complex. Speaking at the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Building Congress luncheon on October 14, Pataki--under much criticism for delays in the rebuilding of downtown--said the financial giant's expansion was another sign that 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 is well on the road to recovery. "The decision by American Express to expand their headquarters by 200,000 s/f ... is another powerful example of Lower Manhattan's revitalization," Pataki told guests at the luncheon. "With over $9.9 billion in construction projects underway or about to start within a three-block radius of the World Trade Center site, it's clear that downtown is the place to be." American Express will expand by 200,000 s/f at 3 World Financial Center, the 2.1 million square foot building it owns in partnership with Brookfield Properties Brookfield Properties Corporation TSX: BPO NYSE: BPO is a Toronto-based North American commercial real estate company. Brookfield Asset Management owns 50% of its outstanding common shares. . AmEx already occupies 1 million s/f in its share of the tower and 215,000 s/f in the Brookfield portion. Trammel Crow's Ric Fahey represented American Express in the lease negotiations, details of which have not been released. Brookfield was represented inhouse by COO Dennis Friedrich, Jerry Larkin Jerry Larkin is a fictional character in the Marvel Comics Universe. His first appearance was in Sgt. Fury and his Howling Commandos vol. 1 #63. Fictional character biography Jerry Larkin and David Cheiken. In a statement released Friday, Ric Clark, president & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Brookfield Properties, said, "The financial services industry is coming back, and tenants are embracing Lower Manhattan and the significant infrastructure investment being made here. With American Express expanding, the World Financial Center is reaffirmed as Lower Manhattan's premiere business address." American Express--which left its space at 40 Wall Street last year--said the decision to add more downtown space was part of an effort to consolidate operations. "We wanted to have all of [our] primary downtown locations in one building," said Judy Tenzer, a spokesperson for American Express, adding that the additional space would "accommodate for future growth." In a statement, Thomas Schick, American Express executive vice president, said, "Lower Manhattan has been our home for over 150 years, and we're delighted that we'll be expanding here." |
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