Fast-growing, ultra-profitable financial firm MSCI has decided it can do with a third less space at its Financial District headquarters.
The company will shrink its footprint in May, when it expects to sublease 42,000 of its 126,000 square feet at 7 World Trade Center, according to its annual report, released Friday. The move comes after the firm sublet 20,000 square feet in the fourth quarter.
MSCI, which declined to comment, specializes in crafting financial indices used by institutional investors. It joins the growing list of employers taking less space after workers have demonstrated they can do their job from home. The Partnership for New York City said in November
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