Aetna wil be occupying 145,000 square feet at 61 Ninth Ave. in late 2018.

NEW YORK CITY—State and city officials announced on Thursday that insurance giant Aetna will relocate its corporate headquarters from Hartford, CT to a Vornado Realty Trust building currently under construction in West Chelsea in Manhattan.

New York Gov. Andrew Cuomo and New York City Mayor Bill de Blasio both announced the 145,000-square-foot deal with Aetna at 61 Ninth Ave. To entice Aetna, New York State and New York City are providing incentives valued at nearly $35 million. Aetna will be occupying all of the available office space at the property.

The insurer's headquarters move to the 165,000-square-foot property in late 2018 is another black eye to the State of Connecticut and specifically its Governor Dannel Malloy, who last year had to react to GE's decision to shift its corporate headquarters from Fairfield, CT to the Seaport District in Boston.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.