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AIG

32 Old Slip, 28th Floor
New York, NY 10085
(646) 857-2300
Website
contact@aig.com

11/20/18
CBRE has hired a WeWork executive to bolster the ranks of its new co-working company. Robert Cartwright will join Hana as chief operating officer to...

11/19/18
City Hall published proposed rules for the oversight of short-term rental listings on platforms like Airbnb. Under the proposal, listing websites would be required to...

11/19/18
Eight months after a C-suite shakeup and split with its CFO, Compass has tapped a Carlyle Group executive to help oversee the firm’s “hypergrowth.” The...

11/15/18
In New York City’s $45.3 billion construction industry, it’s a network of middlemen that choreographs the rise of buildings. From supply companies to electrical workers,...

11/14/18
When Leonard Litwin died at the age of 102 last April, he left behind more than two dozen luxury apartment buildings in Manhattan and the...

11/13/18
After torching more than 93,600 acres over five straight days, the Woolsey fire is showing some signs of slowing down. Officials lifted mandatory evacuation orders...

11/13/18
Michael Bloomberg could run for president in 2020 and serve two terms … and his company’s Midtown East satellite offices would still be there when...

11/13/18
The National Association of Realtors will add two floors to its 12-story national headquarters as part of a $45 million expansion and renovation of the...

11/13/18
A California-based digital marketing firm has just inked a lease for the top three floors of Brookfield’s and the Swig Company’s Grace Building at 1114...

11/09/18
Welltower and Hines are doubling down on their bet on luxury housing for seniors in Manhattan. The pair bought an Upper West Side development site...

11/09/18
Lowe’s Companies to close 51 stores across North America amid ‘strategic reassessment’ Another retailer is closing dozens of its stores. Lowe’s Companies, which has more...

11/08/18
Redfin’s net income tumbled 67 percent year-over-year, as the discount brokerage grapples with what its leader described as a residential market in “temporary retreat.” Net...

11/08/18
Tom Barrack, who stepped down as CEO of Colony Capital in 2014, is back at the helm after the company’s stock has plummeted. Richard Saltzman...

11/08/18
While awaiting sentencing on real estate fraud charges he pleaded guilty to last year, Paul Manafort’s former son-in-law took up a curious hobby: he concocted...

11/08/18
Red Hook Point would seem to have it all. Plans for the Thor Equities Brooklyn office project call for trendy “heavy timber” construction and a...

11/07/18
This spring, commuters trapped in New York City’s notoriously delayed subway found themselves surrounded by colorful ads for the roommate-matching startup Roomi. Plastered all over...

11/07/18
Former Rep. Ron DeSantis won the race for governor of Florida on Tuesday night, defeating Tallahassee Mayor Andrew Gillum in one of the most closely-watched...

11/06/18
UPDATED: Wed. Nov. 7, 12:20 a.m.: Gov. Andrew Cuomo easily defeated Republican challenger Marcus Molinaro to win re-election on Tuesday, a day of record voter...

11/06/18
On the morning after last month’s primary elections, John Banks, president of the real estate industry’s most powerful lobbying group, feigned disinterest. “It doesn’t matter...

11/06/18
Leading up to September’s primary, the real estate industry flung hundreds of thousands of dollars at two Democratic candidates for New York state attorney general:...

11/06/18
Early last month, Gov. Andrew Cuomo climbed into Franklin Delano Roosevelt’s 1932 Packard convertible and made the inaugural trip across the new Tappan Zee Bridge. The...

11/05/18
A range of ballot measures could draw renters to the polls this year. People who rent tend to vote at lower rates than homeowners, the...

11/05/18
New York real estate developers gave the Democratic State Campaign Committee more than $270,000 in campaign contributions during just 10 days last month, hedging their...

11/04/18
Property taxes are higher this year than last year for most Palm Beach County properties linked to President Donald Trump. This year’s total property tax...

11/03/18
Women have created a gender gap among homeowners. Single women outnumbered men as first-time homebuyers, Inman reported. The number of single women who purchased a...
  • Event Office Leasing
  • Address 1114 Sixth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 5,600
  • Publication Date 11/19/2018
  • Event Date 11/13/2018
  • Party 1 Brookfield Property Partners, Swing Company
  • Party 1 Brokerage CBRE, Brookfield Property Partners
  • Party 1 Broker Ken Rapp, Peter Turchin, Sarah Pontius, Zak Snider, Cara Chayet, Duncan McCuaig, Alex Liscio
  • Party 2 Trade Desk
  • Party 2 Brokerage Cresa
  • Party 2 Broker Carlo Brignardello, Richard Selig, Peter Sabesan
notes
The digital marketing firm signed a lease for the Grand Central building.
  • Event Retail Leasing
  • Address 747 Franklin Avenue
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Square feet 4,215
  • Publication Date 11/19/2018
  • Event Date 11/15/2018
  • Party 1 Brooklyn Winery
  • Party 1 Brokerage Ripco Real Estate
  • Party 1 Broker Andrew Clemens, Ben Weiner, Craig Gelberg
  • Party 2 Hunky Dory
notes
The tenant inked a lease for the Crown Heights location.
  • Event Office Leasing
  • Address 120 Park Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 2,200
  • Publication Date 11/19/2018
  • Event Date 11/13/2018
  • Party 1 Global Holdings Group
  • Party 1 Brokerage JLL
  • Party 1 Broker Paul Glickman, Diana Biasotti
  • Party 2 Bloomberg LP
  • Party 2 Brokerage CBRE
  • Party 2 Broker Howard Fiddle, Craig Reicher
notes
The media and financial-information company signed a deal to renew its lease for the Grand Central building for an additional 11 years.
  • Event Financing
  • Address 29-22 Northern Boulevard
  • Neighborhood Long Island City
  • Borough Queens
  • Square feet 380,700
  • Price $ 201,000,000
  • Publication Date 10/29/2018
  • Event Date 10/25/2018
  • Party 1 Simon Baron Development
  • Party 2 AIG Investments
notes
The buyer secured an acquisition loan of $201 million for the Long Island City property.
  • Event Retail Leasing
  • Address 210 11th Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 4,070
  • Publication Date 10/22/2018
  • Event Date 10/16/2018
  • Party 1 ABS Partners Real Estate
  • Party 1 Brokerage ABS Partners Real Estate
  • Party 1 Broker Audrey Novoa, Jakob Pedersen, Gregg Schenker
  • Party 2 Isabel Marant
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Paige Engeldrum
notes
The fashion designer inked a lease for the Chelsea building.
  • Event Office Leasing
  • Address 179 Franklin Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 2,376
  • Publication Date 10/01/2018
  • Event Date 09/28/2018
  • Party 1 Fantis Transfer Corp
  • Party 1 Brokerage Brown Harris Stevens
  • Party 1 Broker Jason Schuchman, Craig T Filipachi, Jacques Foussard
  • Party 2 TheraBeCa
  • Party 2 Brokerage Corcoran Group
  • Party 2 Broker Amy Udell
notes
The pediatric therapy center signed a 2-year lease for the Tribeca location.
  • Event Financing
  • Address 808 Prospect Place
  • Neighborhood Crown Heights
  • Borough Brooklyn
  • Price $ 88,000,000
  • Publication Date 10/01/2018
  • Event Date 09/21/2018
  • Party 1 Delshah Capital
  • Party 1 Brokerage Meridian Capital Group
  • Party 1 Broker Simon Rosenfeld, Rael Gervis, Craig Berger
  • Party 2 Signature Bank, CCRE
notes
The lender issued an acquisition loan of $88 million for the Crown Heights portfolio.
  • Event Office Leasing
  • Address 350 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 5,280
  • Publication Date 09/07/2018
  • Event Date 09/04/2018
  • Party 1 Empire State Realty Trust
  • Party 1 Brokerage Empire State Realty Trust
  • Party 1 Broker Tom Durels, Ryan Kass, Shanae Ursini
  • Party 2 Workday
  • Party 2 Brokerage Cushman & Wakefield
  • Party 2 Broker Robert Lowe, Paige Engeldrum
notes
The financial management software vendor inked a deal to expand its lease for the Garment District building.
  • Event Financing
  • Address 111 East 210th Street
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 895,256
  • Price $ 1,500,000,000
  • Publication Date 08/13/2018
  • Event Date 08/10/2018
  • Party 1 Montefiore
  • Party 2 Bank of New York Mellon, Prudential Huntoon Paige Associates, Dormitory Authority of New York State
notes
The lender issued a loan of $1.5 billion for the Riverdale portfolio.
  • Event Financing
  • Address 2802 Frederick Douglass Boulevard
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 436,000
  • Price $ 85,000,000
  • Publication Date 08/06/2018
  • Event Date 07/31/2018
  • Party 1 Fairstead Capital
  • Party 2 AIG
notes
The lender issued a loan of $85 million for the Harlem property.
  • Event Retail Leasing
  • Address 3063 Cropsey Avenue
  • Neighborhood Coney Island
  • Borough Brooklyn
  • Square feet 4,200
notes
The pet shop and animal hospital signed a 10-year lease for the Coney Island space.
  • Event Financing
  • Address 68 Laight Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 18,788
  • Price $ 1,200,000
  • Publication Date 07/09/2018
  • Event Date 07/05/2018
  • Party 1 68 Laight Street Owners Corporation
  • Party 2 National Cooperative Bank
notes
The owner secured a loan of $1.2 million for the Tribeca property.
  • Event Sales
  • Address 420 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 18,000
  • Price $ 18,000,000
notes
The college bought a full floor condo unit in the Garment District building for $18 million.
  • Event Sales
  • Address 420 Fifth Avenue
  • Neighborhood Garment District
  • Borough Manhattan
  • Square feet 36,000
  • Price $ 36,000,000
notes
The Italian eyewear company bought two full floor condo units in the Garment District building for $36 million.
  • Event Office Leasing
  • Address 875 Third Avenue
  • Neighborhood Turtle Bay
  • Borough Manhattan
  • Square feet 80,000
  • Price per foot $ 80.00
  • Publication Date 06/04/2018
  • Event Date 05/23/2018
  • Party 1 Global Holdings Management Group
  • Party 1 Brokerage JLL, Global Holdings Management Group
  • Party 1 Broker Paul Glickman, Diana Biasotti, Harley Dalton, Craig Panzirer
  • Party 2 Epstein Becker & Green
  • Party 2 Brokerage Savills Studley
  • Party 2 Broker Jeffrey Peck, Dan Horowitz
notes
The law firm signed a lease for three floors in Turtle Bay.
  • Event Office Leasing
  • Address 1271 Sixth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 407,000
notes
The law firm inked a lease for the 25th through 34th floors of the Midtown West building.
  • Event Office Leasing
  • Address 437 Madison Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Square feet 12,945
notes
The energy and environmental commodities trader inked a lease for part of the 17th floor of the Plaza District building.
  • Event Sales
  • Address 50-52 Laight Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 3,919
  • Price $ 3,200,000
  • Publication Date 05/07/2018
  • Event Date 04/23/2018
  • Party 1 50 Laight Street LLC
  • Party 1 Brokerage Cushman & Wakefield
  • Party 1 Broker Will Suarez, Maurice Suede, Sean Rucker
  • Party 2 Chartwell Oakes
notes
The buyer secured the ground floor commercial condo in Tribeca for $3.2 million.
  • Event Financing
  • Address 80 Broad Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 361,710
  • Price $ 102,000,000
  • Publication Date 01/09/2018
  • Event Date 12/18/2017
  • Party 1 Invesco
  • Party 2 AIG Investments
notes
The owner secured a $102 million mortgage for the 35-story building in the Financial District.
  • Event Retail Leasing
  • Address 170 West 23rd Street
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 8,000
  • Publication Date 12/12/2017
  • Event Date 12/06/2017
  • Party 1 Jack Resnick & Sons
  • Party 1 Brokerage Jack Resnick & Sons
  • Party 1 Broker Fran Delgorio, Brett Greenberg
  • Party 2 Westside Market
  • Party 2 Brokerage Newmark Knight Frank
  • Party 2 Broker Craig N. Slosberg
notes
The supermarket inked a 20-year lease for its second location in Chelsea.
  • Event Financing
  • Address 35 Irving Place
  • Neighborhood Gramercy Park
  • Borough Manhattan
  • Square feet 288,400
  • Price $ 100,000,000
  • Publication Date 11/20/2017
  • Event Date 11/17/2017
  • Party 1 Gould Investors
  • Party 2 AIG Investments
notes
The owner acquired a $100 million loan for the 11-story building.
  • Event Office Leasing
  • Address 40 West 57th Street
  • Neighborhood Midtown
  • Borough Manhattan
  • Square feet 5,535
notes
The financial services firm inked a lease for part of the 3rd floor.
  • Event Financing
  • Address 25 West 39th Street
  • Neighborhood Midtown South
  • Borough Manhattan
  • Square feet 208,528
  • Price $ 85,000,000
  • Publication Date 11/06/2017
  • Event Date 11/02/2017
  • Party 1 Thor Equities
  • Party 2 AIG Investments
notes
The owner secured a loan for $85 million to refinance the 18-story office building.
  • Event Financing
  • Address 148 Lafayette Street
  • Neighborhood Little Italy
  • Borough Manhattan
  • Square feet 129,135
  • Price $ 78,150,000
  • Publication Date 08/01/2017
  • Event Date 06/22/2017
  • Party 1 EPIC Lafayette
  • Party 2 AIG Investments
notes
The investor secured a loan to refinance
  • Event Financing
  • Address 12 Howard Street/148 Lafayette Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 155,000
  • Price $ 78,100,000
  • Publication Date 08/01/2017
  • Event Date 06/27/2017
  • Party 1 Crown Properties
  • Party 2 AIG Investments
notes
The real estate firm refinanced this office building
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LAIGHT ST. CONDO DEVELOPMENT, INC.
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KEN CHENG, 4123 HAIGHT REALTY INC.
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MORTGAGE WORLD, 4123 HAIGHT REALTY INC.
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TACONIC INVESTMENT PARTNERS, LAIGHT STREET FEE OWNER LLC AND LAIGHT STREET FEE OWNER II LLC
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SCOTT-CRAIG ASSOCIATE
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PAIGE VICTORIA LLC
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THE 36 LAIGHT STREET
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LAIGHT COOP CORP
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Taconic Investment Partners, LAIGHT STREET FEE OWNER LLC AND LAIGHT STREET FEE OWNER II LLC
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Taconic Investment Partners | Oaktree Capital, LAIGHT STREET FEE OWNER II LLC
422 Greenwich Street is a 54,328 square foot building in the Tribeca neighborhood...

12/29/16
...set to expire in 2020, was recently extended to 2032. AIG financed the RXR-led acquisition with a $1.03 billion loan. 4. 550 Madison Avenue, $1.4 billion Buyer: Olayan Group...

12/27/16
...expand its existing transit system. 3) 1285 Sixth Avenue, $1.03 billion (AIG) New York’s office market has long recovered from the 2008 crash. In case we...

Residential condo development is the riskiest sector within the risky business of real estate. Evidence for that is found in both the outsized returns builders...

New York City had a stellar year in 2015 for building sales — with massive properties like Stuyvesant Town-Peter Cooper Village and 11 Madison trading...

01/19/16
Two of the “Three Men in a Room” — Sheldon Silver and Dean Skelos — are bound for prison, but relationships with influential politicians remain...

Joseph Chetrit and 257 West 34th Street
01/04/16
620 East 6th Street in the East Village, Joseph Chetrit and 257 West 34th Street in Chelsea Last week in the $10 million to $20...

12/31/15
New York City has, for quite some time, been the world’s most dynamic and high-stakes real estate market. But 2015 pushed all the elements that...

12/28/15
From left: 1947 Ocean Avenue in Midwood, 196-03 Jamaica Avenue in Hollis and Daniel Benedict Benedict Realty Group paid $17 million for a Brooklyn rental...

12/28/15
Let’s face it — nothing seems to drum up more excitement for an upcoming project than a shiny new rendering. Like a placeholder on the skyline,...

12/21/15
From left: Rendering of 260 Bowery in Nolita, Dutch artist Piet Mondrian and 175 Spencer Street in Clinton Hill Triumph Hotel Group takes full ownership...

...fifth priciest financing: A $785 million mortgage issued by AIG for the $1.2 billion the purchase of the Helmsley Building at 230 Park Avenue by RXR...

Long a symbol of urban decay, the South Bronx is booming with new construction these days as developers — big...

They’ve brokered billions of dollars in deals, broken records, and launched companies. And they’ve all done it all in a cutthroat and unforgiving industry that’s...

The wave of new developments hitting the market is changing more than just the skyline. It’s also shifting the fortunes of the firms that specialize...

The Brooklyn investment sales market is well on its way from rising star to fixed point in the firmament. In the first three quarters of...

One aspect of the Manhattan’s office leasing market was stuck in the summer doldrums last month, as landlords put far fewer square feet on the...

New York office leasing improved significantly over the past year. But the steady pace of deals wasn’t enough to fill all the large blocks of...

When the penthouse condo at One Brooklyn Bridge Park hit the market in May, its asking price of $32 million bested the record for the...

It’s no secret that prices for both luxury condos and development sites are surging in Manhattan. Land prices in Manhattan’s most popular neighborhoods have doubled...

The strength of the Manhattan luxury market is continuing to buoy some of the city’s largest and most established firms, The Real Deal’s annual ranking...

If further proof was needed that Manhattan is becoming a technology-company haven, look to leasing activity in January. Several tech powerhouses, including Twitter and IBM,...

For New York City’s biggest real estate brokerages, competing for residential listings is something of a blood sport. And it’s only grown fiercer in the...

Mortgage interest rates are rising, but inventory is still tight and demand is still high, which means the residential market is still humming along. Put...

The national economy is humming along, but all the positive signs — a jump in home sales and prices, soaring consumer confidence and a new...

Against the backdrop of Manhattan’s severe inventory shortage, the borough’s largest firms are working to leverage a new crop of condos and high prices in...
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ANHD
Lending from the four major banks — Chase, Citibank, Bank of America and Wells Fargo — is steadily declining. The banks combined to provide 45...

Compass
New median price records were set Downtown, on the Upper West Side, Midtown East and Midtown West. Also, nearly 24 percent of all residential inventory...

Multifamily sales in New York City hovered above $3 billion for the second straight quarter, bringing the year-to-date dollar volume to $6.6 billion. Although sales remained...
Queens, 11355
KEN CHENG, 4123 HAIGHT REALTY INC.
This property is a new development. The developer(s) filed plans in December of...
Queens, 11355
MORTGAGE WORLD, 4123 HAIGHT REALTY INC.
This property is a new development. The developer(s) filed plans in December of...
Manhattan, 10013
Taconic Investment Partners, LAIGHT STREET FEE OWNER LLC AND LAIGHT STREET FEE OWNER II LLC
...