NEWS |
142-97: FOR IMMEDIATE RELEASE , October 27, 1997
“The transaction is the second largest lease to be executed in Downtown Manhattan this year,” Mr. Boyle said. “We are pleased to welcome Aon Group into our complex. With this lease, Aon becomes one of the World Trade Center’s largest tenants.”
Aon Group will consolidate several of its midtown offices and occupy the entire 92nd, 99th through 103rd, 105th and parts of the 83rd and 104th floors in Two World Trade Center.
Insignia/Edward S. Gordon Co., Inc.’s Bruce Surry, Mary Ann Tighe, Mike Geoghegan and Theodore Koltis represented Aon Risk Services. Acting on behalf of The Port Authority of New York & New Jersey were George Meyer and Tom Lynch, Managers of Office Leasing.
Aon Risk Services, Inc. of New York, along with other member companies of Aon Group, provides global retail insurance brokerage and risk management consulting services, human resource consulting, reinsurance brokerage, and wholesale/specialty brokerage services for commercial and industrial businesses. The company is the second-largest and fastest growing international brokerage and consulting organization in the world.
“The World Trade Center has enjoyed a surge in leasing activity this year, executing leases for nearly 1.5 million square feet of space in 1997, and the year is not yet over,” Mr. Boyle said. “Aon’s lease follows major lease signings with Bankers Trust, Dow Jones, Thacher, Proffitt & Wood and Exco Noonan. Only one large contiguous block of space remains in the entire complex.
“The World Trade Center has long been recognized as a premiere location for businesses seeking first-class amenities and state-of-the-art technology,” Mr. Boyle added. Among the recent improvements to the Center are modernized elevators and escalators, increased electrical, heating and air-conditioning capacity, and a new operations control center. The complex also features fiber-optic communications services and access to cable TV and direct satellite transmission. More than $700 million has been invested or programmed for capital improvements to the World Trade Center from 1992 through 2001.
Craig Berggren, Executive Vice President and Managing Director of Aon Risk Services, said, “The World Trade Center met our specific requirements and enabled us to consolidate our offices and provide for growth into the 21st century. Aon Group and its 1,400 New York City based employees are delighted to be in the complex.”
The World Trade Center houses a full spectrum of businesses and government agencies involved in international commerce, with 435 tenants from 26 countries. The 16-acre complex, with approximately 12 million square feet of rentable office space, consists of two 110-store office towers, a 47-story office building, two nine-story office buildings, an eight-story U.S. Customhouse and a 22-story hotel, the New York Marriott World Trade Center. It also features 70 stores and restaurants. The complex has a daily population of 40,000 workers and more than 100,000 visitors and tourists.
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