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Full floor leased at 2 World Trade.


Full floor leased at 2 World Trade

The 129-year-old American Bureau of Shipping The American Bureau of Shipping (ABS) is a classification society. At the end of 2006, ABS was the third largest class society with a classed fleet of over 10,000 commercial vessels and offshore facilities.  (ABS) has selected New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and Two World Trade Center as the location for its world headquarters, in a move negotiated by Abrams Benisch Riker, Inc.

The ABS move involves the long-term sublease of the 106th floor -- one of the world's highest offices -- from Shearson Lehman Brothers. ABS will move approximately 140 employees to 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
.

The 50,000-square-foot deal was arranged on behalf of the American Bureau of Shipping by two member brokerage firms of the Colliers International Property Consultants network -- Abrams Benisch Riker, Inc. in New York City and David T. Houston Company in New Jersey, Cushman & Wakefield, Inc. represented Shearson.

According to Jim According to Jim is an American situation comedy television series originally broadcast by ABC. The show premiered with little publicity in October 2001, following the surprise hit comedy My Wife and Kids.  Millard of Abrams Benisch Riker, Inc., the decision by the American Bureau of Shipping to relocate to New York was based in part on the desire to "attain a higher profile, one befitting be·fit·ting  
adj.
Appropriate; suitable; proper.



be·fitting·ly adv.

Adj. 1.
 the role that ABS plays in setting standards for the shipbuilding industry. What better way to accomplish this than for the firm to move to the 106th floor of the World Trade Center, which offers a sweeping vista of New York Harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey". , one of the world's great shipping centers."

This transaction is the second time in two years that Abrams Benisch Riker, Inc. has been instrumental in a corporate relocation to New York. The other relocation involved RJR Nabisco, which moved to Midtown Manhattan from Atlanta.

The American Bureau of Shipping, employing 1,477, is an international organization operating in 86 ports on six continents.

A not-for-profit technical organization, ABS is the major group which establishes and administers standards for the design, construction, and periodic survey of ships and other marine structures. It performs annual audits to ensure that the seaworthiness sea·wor·thy  
adj. sea·wor·thi·er, sea·wor·thi·est
Fit to traverse the seas: a seaworthy freighter; a seaworthy crew.
 of major vessels is maintained. The Bureau presently classifies more than 12,000 vessels totalling over 91 million gross tons.

Abrams Benisch Riker, Inc. is the exclusive owner/member for the Colliers International global network in the New York City/Westchester/Fairfield County area.
COPYRIGHT 1991 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:2 World Trade Center, New York City
Publication:Real Estate Weekly
Date:Sep 18, 1991
Words:338
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