Wednesday, June 03, 2009

AIG To Sell Headquarters
Here is an article announcing that AIG is selling its headquarters at 70 Pine Street, and an adjacent building. No sales prices are listed. I imagine the price will be below market because AIG is vacating both buildings. This story is so AIG, sell a building with a huge pending vacancy. No one is going to pay top dollar for these two buildings. (I found the picture on photobucket via a Google Image search.)

70 Pine Street was built in 1932 and is currently New York's third tallest building (I guess the measurement goes to the top of the spire). I like the Art Deco style. Here is a link with some more information on the building. It has a neat 30's era picture, too.

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