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Update: GE Confirms HQ Move From CT to Seaport District

BOSTON—General Electric officially announced Wednesday afternoon that it will be shifting its headquarters operations from Fairfield, CT to the Seaport District here. To help offset relocation costs, GE says it will sell its offices at 30 Rockefeller Plaza in New York City, along with its Connecticut headquarters.

By John Jordan | Updated on January 13, 2016

BOSTON—General Electric officially announced Wednesday afternoon that it will be shifting its headquarters operations from Fairfield, CT to the Seaport District here. To help offset relocation costs, GE says it will sell its offices at 30 Rockefeller Plaza in New York City, along with its Connecticut headquarters.

The company, as well as Boston Mayor Martin Walsh and Massachusetts Gov. Charlie Baker confirmed the headquarters relocation. The package of incentives to land General Electric totals more than $151 million, including $120 million in grants and incentives from the Commonwealth of Massachusetts and $25 million in property tax relief from the City of Boston.

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