ibusinesslines.com June 28, 2017

Sculptor of Wall Street's bull wants "Fearless Girl" moved

20 April 2017, 08:40 | Melissa Porter

Mark Lennihan Associated Press File The"Fearless Girl statue was installed last month by Boston-based State Street Global Advisors


Artist Arturo di Modica says the placement of the "Fearless Girl" statue against his "Charging Bull" on Wall Street initially made him "sick" and wounded his pride - but now he wants revenge, MarketWatch reports.

Artist Kristen Visbal's figure was first placed on a traffic island near Wall Street on March 7th, on the eve of worldwide women's day, to make a point: There's a dearth of women on the boards of the largest United States corporations.

State Street Global Advisors, which had the statue of the girl installed, said it was meant to highlight the need for more women at the top tier of Wall Street companies.

New York Mayor Bill de Blasio, a vehement Trump critic, has since announced the bronze girl statue will remain in place until at least March next year.

According to NBC New York, Di Modica believes that "Fearless Girl" alters the creative dynamic of "Charging Bull".

Attorney Norman Siegel told AP that Di Modica will explain at a news conference on Wednesday how he's challenging the city.

State Street spokeswoman Anne McNally said the firm is reviewing the letter.

His opposition to the neighboring sculpture is that that "Charging Bull", "has been transformed into a negative force and a threat".

But de Blasio has said on twitter that the Fearless Girl "is staying put".

Siegel Teitelbaum & Evans LLP and McLaughlin & Stern LLP represent Di Modica. Siegel added that he's requesting the city to release documents that show which procedures were followed. Siegel said they were hoping the parties involved could "amicably resolve" any issues, but they would not rule out filing a lawsuit if necessary.

Di Modica's bull has become a familiar icon since he gave it to the city in 1989.

The statue - standing just a few feet north of the bull - debuted March 7 to immediate acclaim and attention.

The firm that commissioned the statue said it was "grateful" to those "who have responded so enthusiastically" to its message of "the power and potential of having more women in leadership".

I'm with Di Modica-but given New York City's politically correct political mood these days, I don't think the Fearless Girl will be moving for a long time.

The firm that commissioned the statue made no immediate comment but has a powerful ally in the form of the NY mayor.

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