Firm behind Fearless Girl statue exits city in favor of hybrid work

State Street Corp. will vacate its two New York City offices, making good on plans to transition its Manhattan-based staff to a hybrid work model.

The Boston-based firm, known for commissioning the Fearless Girl statue in the Financial District, plans to close its two Midtown Manhattan offices, the company said Monday in a statement. Its New York-based staff will work remotely or from buildings in New Jersey and Connecticut.

Financial firms and other companies are re-evaluating their real estate footprint in New York after more than a year of remote work. Office supply continues to set records and large employers including BlackRock Inc. and Wells Fargo & Co. have delayed plans

→ Continue reading at Crain's New York Business

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