NEW YORK — The insurance company American International Group (AIG) announced plans to relocate its headquarters in New York City from 175 Water St. in lower Manhattan to 1271 Avenue of the Americas (photo above) in Midtown, where it will occupy 8 floors and 325,000 square feet.
The Company will also consolidate its remaining New York City area office space 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 sometime in 2021.
1271 Avenue of the Americas is operated by the Rockefeller Group and an extension of Rockefeller Center.
“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.