WORLDWIDE SALE NIXED BY BANK
IT’S back to the drawing board for the sale of Worldwide Plaza. Insiders said it looks like high-level suits in Germany have nixed Deutsche Bank’s plan to provide financing and...
Real Estate
60 E. 42ND ST. GETS MAKEOVER
THE W&H Properties’ partnership that controls the “Pre-war Trophy” 60 E. 42nd St. has officially just changed its name and address to One Grand Central Place. The Post Office will...
AIG BLDG. FETCHES UNDER $140M
LOCAL owner/developer Youngwoo & Associates has teamed up with South Korea’s Kumho Investment Bank to win the bidding for AIG’s downtown headquarters complex that consists of the Art Deco 70...
AIG NEARS HQ SALE FOR $100M
AIG may have finally signed a contract to sell its dual building headquarters at 70 Pine and 72 Wall Street. Sources advised that the overseas buyers will pay around $100...