I was employed by AIG in 1974.
I remember the price being bandied around was $15 mil.
Then came word that Greenberg got 70 Pine Street for $12 mil
Later we heard the price was actually $9 mil
This was during the cities’ financial crisis in 1974 with Big Mac bonds, etal
I was employed by AIG in 1974.
I remember the price being bandied around was $15 mil.
Then came word that Greenberg got 70 Pine Street for $12 mil
Later we heard the price was actually $9 mil
This was during the cities’ financial crisis in 1974 with Big Mac bonds, etal