Thread regarding AIG (American Intl Group Inc.) layoffs

Expense Management Rationale - AIG Signs LOI for new office space

AIG in talks for up to 200K sf at 1271 Sixth

Asking rents in the building run between $90 and $125 psf

https://therealdeal.com/2018/11/28/aig-in-talks-for-up-to-200k-sf-at-1271-sixth/

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Post ID: @WneibUE

7 replies (most recent on top)

Planning to sell their current building is my guess

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Post ID: @WneibUE-3uqv

Financial and insurance giant AIG is in discussions to take multiple floors at the Rockefeller Group’s Time-Life Building.

The firm is eyeing off a 150,000 to 200,000-square-foot space at , which is currently under major renovations, according to the New York Post.

how much will the move cost?

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Post ID: @WneibUE-1akd

They are moving to Cincinnati, Ohio

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Post ID: @WneibUE-1edj

I heard they move their corporate HQ to Atlanta in the next year or two.

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Post ID: @WneibUE-afj

Why do they need more office space. A great majority of the workers work from home anyway. Maybe they are going to unload 175 Water Street their headquarters. I am still surprised they are still located in NYC. Ray

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Post ID: @WneibUE-owc

Figures. The management has no idea what they're doing

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Post ID: @WneibUE-cxt

The execs don't want to rub elbows with the common folk.

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Post ID: @WneibUE-kzk

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