NEW YORK CITY-Deutsche Bank has given up plans to purchase the 72 Wall St. building for $60 million. The bank intended to use the building for expansion of its trading floors. The 1925 tower was last occupied by AIG, which used the building as its headquarters.
Kumho Bank and Youngwoo & Associates are the present owners of the building. CB Richard Ellis' Bill Shanahan and Darcy Stacom were entrusted with the task of marketing 72 Wall St. For the full story, go to New York Post.
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