The popular yet embattled statue known as “Fearless Girl” might have to find a new home again, while its creator also contemplates making nonfungible tokens of the Wall Street icon.
Q3 2021 hedge fund letters, conferences and more
The bronze image of a girl standing defiantly with her hands on her hips has come to the end of its three-year permit for the space across from the New York Stock Exchange. The sculpture’s creator, Kristen Visbal, led a press conference on Thursday with Democratic district leader Vittoria Fariello and Todd Fine, president of advocacy group Save Washington Street, advocating for it to stay.
“In America, women have struggled for 121 years and this little sculpture unofficially represents the women’s movement. What does it say if we remove her?” Visbal said as she stood next to the statue.
“Fearless Girl,” commissioned by financial firm State Street Corp. in 2017 as a call for companies to add women to their boards, was originally located at Bowling Green across from the iconic statue of a charging bull. It was moved to its current location in 2018 after opposition from the creator of the bronze bull, Arturo Di Modica. Since 2019, the statue has been the subject of a legal battle between Visbal and State Street, which has sued to keep the artist from creating and selling replicas.
Now, State Street and Visbal are both petitioning for “Fearless Girl” to stay where she is. The company has submitted an application to keep her there and has been assured by the Landmarks Preservation Commission that no action will be taken even though the permit expired, Olivia Offner, a spokesperson for State Street, said in a statement.
Read the full article here by Francesca Maglione, Advisor Perspectives