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State Street changes real-estate strategy in New York to accommodate hybrid working

Boston firm tells its New York staffers they won’t be returning to Midtown Manhattan offices

Financial giant State Street is vacating its two New York City office locations.

Executives at the Boston firm told New York staffers they won’t be returning to its Midtown Manhattan offices, according to people familiar with the matter. It expects to sublease the two offices near Rockefeller Center to other companies.

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