Former AIG Building Will Likely Be Sold For $100 A Square Foot

Is that insanely cheap for commercial real estate? Seems like! Anyhow, the haunted million-square-foot carcass of the former AIG headquarters at 70 Pine and 72 Wall Street in beautiful New York City appears to have found a buyer for the bargain-basement price of $100 million. Who's the lucky winner, Donald Trump? The Cato Institute? The buyers "would have been carefully vetted," a source told theNew York Post,from which we can conclude it's just Tom Daschle wasting the last of his lunch money. [ New York Post ]