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NEW YORK CITY-AIG, seeking to sell assets to help repay $45 billion to the federal government, may have reached a deal to sell its headquarters at 70 Pine St. and 72 Wall St., according to the New York Post. The two-building, one-million-square-foot headquarters, which is connected by a skywalk, has reportedly sold for $100 million to overseas buyers. At the peak of the market, it could have fetched as much as $315 million, according to published reports.

The buyers of the adjoining properties–the 66-story 70 Pine and the 16-story 72 Wall–expect to create a mixed-use development that could include residential and retail, the Post reported. However, any deal involving a foreign buyer would have to be approved by the Department of State due to anti-terror legislation.

Reportedly, the buyers would have to seal the deal with a $10-million deposit. “AIG was very firm and did not want any contingencies in the contract,” the Post quoted a source as saying.

Last month, AIG sold its Tokyo headquarters for $1.2 billion to Nippon Life Insurance Co. And on Tuesday, an AIG affiliate sold a vacant office building at 85 Challenger Rd. in Ridgefield Park, NJ to a newly formed investment group for an undisclosed sum.

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