Aetna Inc. plans to move its corporate headquarters and about 250 jobs to a new building in New York by late 2018.
The company, which has been based in Hartford, Connecticut, since 1853, hopes to move its top executives into a new building at 61 Ninth Ave. in Manhattan, the company announced today.
The building site is in New York’s Meatpacking District. It’s next to a big Apple store, across the street from the Chelsea Markets shopping center, and about half a block from a big Google office.
The building will cost about $89 million, according to the Empire State Development agency.
Empire State Development said it will provide tax credits with a total value of $24 million over 10 years.
The New York City Economic Development Corp. is providing a separate package of tax breaks with a total value of $9.6 million over 10 years.