Lois Weiss reports that Youngwoo & Associates?which bought the former AIG building at 70 Pine Street for peanuts?has put the lower half of the building on the office leasing market. Why do we care? Because it means we're a bit closer to the residential conversion of the upper floors of the Art Deco tower, which developer Young Woo said can go for $2,000/sf if he plays his FiDi cards right. No further mention of lasers as of yet. [NYP]
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