AIG to Relocate Global Headquarters in New York City
July 21 2020 - 9:00AM
Business Wire
Will Optimize and Modernize New York City Area
Real Estate Footprint as Part of AIG 200
American International Group, Inc. (NYSE: AIG) today announced
that it will relocate its global headquarters in New York City to
1271 Avenue of the Americas, where it will occupy 8 floors and
325,000 square feet. The Company will also consolidate its
remaining New York City area footprint into approximately 450,000
square feet divided between two new locations at 28 Liberty Street
in Manhattan and 30 Hudson Street in Jersey City, New Jersey. The
Company plans to move into the three new offices in 2021.
“New York City has played an important part in AIG’s history and
we are proud to be headquartered in this unique and resilient
city,” said Brian Duperreault, AIG’s Chief Executive Officer. “Our
new midtown headquarters building is in close proximity to many of
our clients, distribution partners and other stakeholders. We take
pride in our role as a responsible corporate citizen and remain
committed to doing our part to help strengthen our New York City
and Jersey City communities.”
“By optimizing and modernizing our New York City area real
estate footprint, we will align our workplaces with the objectives
of AIG 200, our global, multi-year effort to position AIG for the
future,” said Peter Zaffino, AIG’s President and Global Chief
Operating Officer. “We are designing offices in these three class A
buildings that will allow our teams to work more effectively and
collaboratively with high-quality infrastructure. Our people are
our most important asset, and we remain committed to providing a
safe and productive work environment while incorporating key
learnings that have emerged while working remotely.”
1271 Avenue of the Americas is a premier, fully redeveloped
48-story office building located in Rockefeller Center. The 28
Liberty Street building is an iconic 60-story landmarked office
building situated in the center of Lower Manhattan. 30 Hudson
Street is a 40-story office tower located on the waterfront of
Jersey City.
American International Group, Inc. (AIG) is a leading global
insurance organization. AIG member companies provide a wide range
of property casualty insurance, life insurance, retirement
solutions, and other financial services to customers in more than
80 countries and jurisdictions. These diverse offerings include
products and services that help businesses and individuals protect
their assets, manage risks and provide for retirement security. AIG
common stock is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries and jurisdictions, and coverage is subject to
underwriting requirements and actual policy language. Non-insurance
products and services may be provided by independent third parties.
Certain property-casualty coverages may be provided by a surplus
lines insurer. Surplus lines insurers do not generally participate
in state guaranty funds, and insureds are therefore not protected
by such funds.
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version on businesswire.com: https://www.businesswire.com/news/home/20200721005285/en/
Sabra Purtill (Investors): sabra.purtill@aig.com Shelley Singh
(Investors): shelley.singh@aig.com Claire Talcott (Media):
claire.talcott@aig.com
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