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AIG Relocates...Again

NEW YORK CITY-The firm is moving its headquarters operation for the third time as it looks to decrease its footprint while growing the significance of its brand.

By Rayna Katz | Updated on August 05, 2013

NEW YORK CITY-AIG will move out of its headquarters location at 180 Maiden Lane next year and relocate employees who work in the building to two locations: 175 Water St., which it owns, and 80 Pine St., where it already has a presence. The company is looking to consolidate its Downtown footprint in Lower Manhattan, spokesman Jon Diat tells GlobeSt.com.

“AIG is in the process of consolidating its extensive lower Manhattan real estate foot print to ensure greater and more efficient work and cost savings,” he says. “As various leases expire in lower Manhattan, we’ll be consolidating into two buildings, 175 Water St. and 80 Pine St. AIG has a large presence in New York City and will continue to be headquartered in lower Manhattan.”

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