Buyers enter contract for AIG buildings

Youngwoo & Associates and Kumho Investment Bank have agreed to purchase two buildings owned by American International Group, the 70 Pine Street headquarters, which could receive a landmark designation, and adjacent 72 Wall Street. The two Financial District buildings have a combined 1.4 million square feet of rentable space. The sale went into contract last week, according to a press release from CB Richard Ellis, which arranged the sale. The sale price was not disclosed. TRD