American Classic is shelving plans to move into a $36 million,240,000-sf call center under construction in Sunrise, FL, 20 milesnorth of Downtown. American Classic calls itself the largestU.S.-flag cruise company.

Zell couldn't be reached for comment at GlobeSt.com'spublication deadline. But Miami brokers who do deals regularly withthe Illinois opportunist, tell GlobeSt.com on condition ofanonymity the cruise line bankruptcy petition, filed Oct. 19 inMiami, is one of Zell's few setbacks in a 30-year that has made himthe largest apartment owner in the United States. Zell is chairmanof Chicago-based Equity Residential Properties Inc.

Financially stung by the loss of passengers following the Sept.11 terrorist attacks in New York and Washington, DC, AmericanClassic listed cash on hand of $18 million and debt of at least $80million on a mortgage held by Holland America, a subsidiary ofCarnival Corp.