Di Modica is arguing the permits that allow the new statue to stay until February violate his legal rights.
Artist Kristen Visbal's statue of a girl with her hands on her hips was placed on a traffic island facing the bull on March 7. State Street Global Advisors, the world's third-largest asset manager, installed the statue on Tuesday morning as part of a campaign to pressure companies to add more women to their boards. In response to petitions with tens of thousands of signatures for the statue to stay longer, Mayor Bill de Blasio announced that the city permit was extended for almost one year. He says the presence of FG infringes on his own artistic copyright to the Bull by changing the creative dynamic to include another bold presence. Di Modica first installed the statue in 1987 - in the middle of the night and without a permit - in order to celebrate Wall Street's resilience.
The sculptor behind the famed "Charging Bull" statue in lower Manhattan, is pleading with the city to move the 'Fearless Girl' placed in front of it last month as a symbol of the fight for gender equality.
After police seized the sculpture, public outcry led the city's parks department to reinstall it days later nearby at its current location.
"It's negative", Di Modica said of the girl's Financial District juxtaposition to the popular bull statue.
"We believe that's exactly what happened here", he said.
Putin must end support for Assad regime: Britain
The news agency reported that during the Friday phone call, the Saudi monarch congratulated Trump for his "courageous decision". But as lawmakers called on Trump to consult with Congress on future military strikes and a longer-term strategy on Syria, U.S.
Siegel said State Street sent its message of female empowerment while exploiting the bull for commercial purposes and hurting Modica's "honor and reputation" in the process. Di Modica will reportedly hold a news conference Wednesday to discuss his qualms.
This comment falls in line with other's the de Blasio has made concerning the statue, having said in March that the little girl is "standing up to fear, standing up to power, being able to find in yourself the strength to do what's right". "SHE makes a difference", "SHE" being the name of a State Street financial product.
Di Modica has called for the city to move the piece. "Women, girls, that's great, but that's not what that (my sculpture) is", he told MarketWatch.
Di Modica is hoping to solve the issue "amicably" out of court...but watch this space.
As for the index fund, State Street wrote in a statement that it was "grateful" to the city of NY for its support of what the Fearless Girl represents: "the power and potential of having more women in leadership", it said.
"The Charging Bull no longer carries a positive, optimistic message".
- Regentatlantic Capital LLC Sells 608 Shares of BP plc (BP)
- Why Is Tom Brady Skipping Patriots White House Visit?
- GoPro Seeking Testers For Its New Fusion VR Cam
- Tillerson attacks Iran nuclear deal and vows a "comprehensive review"
- RUMEUR - A.Henrique DS du PSG ?
- Galaxy S8, S8+: Samsung launches new flagship phones in India
- U.S. cargo ship successfully launched to space station, 360-degree view fails
- New York City could raise price of pack of cigarettes to $13
- 13 planning attacks on Christians arrested in Egypt
- Lahm bids 'bitter farewell' to Champions League