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
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