american international group

  • AIG looks to sell Downtown headquarters

    May 28, 2019 07:30PM By Rich Bockmann
    Insurance giant American International Group is looking to sell its Financial District headquarters ahead of a relocation to Midtown. AIG is shopping its 31-story...
  • AIG layoffs hit insurer’s real estate division

    December 04, 2015 08:30AM
    Insurance giant American International Group, or AIG, dismissed four senior members of its real estate business, including the division’s chief executive, as part of...
  • RXR gets $785M loan for Helmsley Building buy

    May 07, 2015 04:20PM
    RXR Realty has financed its purchase of the Helmsley Building at 230 Park Avenue by closing a $785 million acquisition loan from American International...
  • AIG to move headquarters to Water Street

    August 03, 2013 02:00PM
    American International Group plans to move its headquarters to 175 Water Street, a building that the insurance giant owns, Bloomberg News reported. The firm...
  • U.S. Treasury to sell off $18B of AIG shares

    September 10, 2012 12:30PM
    The U.S. Treasury Department is set to sell off $18 billion worth of shares in insurance giant American International Group, thus losing the majority...
  • AIG could deliver big blow to 180 Maiden Lane

    July 27, 2012 02:30PM
    The disastrous finances of the American International Group might finally weigh on the Manhattan real estate market. The insurer is considering vacating its 800,000-square-foot...
  • $245M N.J. apartment portfolio buy among largest ever in tri-state area

    March 31, 2011 12:58PM
    Developer Vantage Properties has partnered with investment firm Angelo, Gordon & Co. in a $245 million, 2,200-apartment buy in Plainsboro, N.J., marking one of...
  • 70 Pine conversion plans up in the air

    March 29, 2011 09:41AM
    70 Pine Street, Young Woo of Youngwoo & Associates As 70 Pine Street heads to the Landmarks Preservation Commission for recognition of its historic...
  • Youngwoo’s 70 Pine up for landmarking

    March 28, 2011 10:16AM
    70 Pine Street, Young Woo of Youngwoo & Associates The 66-story Art Deco tower at 70 Pine Street, the former American International Group tower...
  • Stalled Brooklyn condo gets a fresh start

    October 11, 2010 10:00AM
    Rendering of 20 Henry Street Buying and selling loans on distressed properties has become a thriving business in New York’s commercial real estate market....
  • SEC sues over mismanaged mortgages

    June 21, 2010 02:00PM
    The Securities and Exchange Commission sued ICP Asset Management and its founder, Thomas Piore, alleging that they defrauded clients in pooled mortgages known as...
  • SEC sues over mismanaged mortgages

    June 21, 2010 02:00PM
    The Securities and Exchange Commission sued ICP Asset Management and its founder, Thomas Piore, alleging that they defrauded clients in pooled mortgages known as...
  • FiDi grapples with rising vacancies

    March 30, 2010 10:06AM
    Lower Manhattan, the country’s best-performing office market, is struggling to hang on to its title as vacancies mount. Though the Financial District fared relatively...