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SouFun Holdings Ltd, a Beijing-based operator of home-furnishings websites, agreed to buy a Lower Manhattan building once owned by American International Group Inc for $46 million, Bloomberg News reported Friday.
SouFun plans to purchase 72 Wall St, which once served as AIG's training center, according to a statement issued on Dec 23 by the company, the report said. The deal on the 250,000-square-foot building may be completed in the first half of 2011, the report cited SouFun as saying.
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AIG, the global insurance company bailed out by the US government in 2008, sold the building in 2009, it said.