City officials are working to find a permanent home for Wall Street’s Fearless Girl statue.
According to Adweek, the Mayor’s office along with State Street Global Advisors, the major asset management firm responsible for the statue, are negotiating a new spot for the statue and her counterpart, the Charging Bull.
Both statues may be moved, after city officials cited traffic and safety concerns at the current location. Since Fearless Girl debuted nearly a year ago, the already popular tourist destination has seen a surge in foot traffic. The city is considering redesigning the plaza and placing Charging Bull and Fearless Girl in a more pedestrian-friendly location.
“Fearless Girl” was installed last year, just before the March 9th’s International Women’s Day by State Street Global as a way of calling attention to the lack of gender diversity on corporate boards. Ironically, State Street Global found itself shelling out $5 million in fines for allegedly underpaying female and minority employees during 2010 and 2011.
The 50-inch bronze figure designed by sculptor Kristen Visbal and has been met with both praise and criticism since its debut. “Charging Bull” artist Arturo Di Modica has made several failed attempts to get Fearless Girl removed, arguing that it is merely a PR stunt and not a true feminist statement.