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Somebody loves A.I.G.


A.I.G.’s headquarters, that is.  Preservatationists have written to the New York City Landmarks Preservation Commission asking that American International Group’s Art Deco tower on 70 Pine Street in lower Manhattan be designated a city landmark, the New York Post reports.   A.I.G. is trying to sell the tower, as well as a connecting building at 72 Wall Street, and the preservationists are worried that a new owner may ruin the period details that make the building so distinctive.

Crain’s New York Business has estimated that 70 Pine Street could reap between $78 million and $116 million in a sale.

The 66-story building was built in 1932 and was designed by the firm of Clinton & Russell, Holton & George. A.I.G. bought the building in 1976. One of the fascinating features of the building used to be its double-deck elevators.  As Christopher Gray explained in the New York Times in 1998:

As soon as the doors of both cabs closed, the double cab went up, stopping at, for instance, the 29/30th floors, the 31st/32d floors, and so on to the 59th/60th floors. Double-deck service was restricted to peak periods; at other times half the cabs were closed and the elevators stopped on all floors.