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Vacant Manhattan Tower, Formerly Housing AIG, Sells to Redevelopment Firm

Property Has Flexible 24,000-Square-Foot Floor Plates, JLL Says
The tower at 175 Water St. in lower Manhattan was sold to a firm specializing in adaptive reuse projects. (JLL)
The tower at 175 Water St. in lower Manhattan was sold to a firm specializing in adaptive reuse projects. (JLL)
CoStar News
October 17, 2022 | 10:20 P.M.

A fully vacant tower that housed the former headquarters of insurance giant AIG in lower Manhattan has been sold for $252 million to an investment firm specializing in urban adaptive reuse projects.

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