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PRESS RELEASE |
HARTFORD, Conn., Nov. 5, 2001 -- The Hartford Financial Services Group, whose New York City regional offices at 7 World Trade Center were destroyed in the September 11th terrorist attack, today moved into new permanent office space at 2 Park Avenue in New York's midtown.
The company has leased three floors totaling 150,000 square feet at 2 Park Avenue, located between 32nd & 33rd streets, from Vornado Realty Trust. The Hartford's New York City regional office, which is home to 325 employees, handles primarily sales and administration for business, specialty and group benefit lines in the metropolitan area.
Immediately following the September 11th attack, The Hartford's New York City-based employees were temporarily housed in office space in Hauppauge, N.Y. (Long Island); Rockaway, N.J.; Valhalla, N.Y. (Westchester County), Lake Success, N.Y.; Florham Park, N.J.; and Shelton, Conn.
``The Hartford has long had a presence in New York City and it was important for us to reestablish ourselves in Manhattan as quickly as possible,'' said Peter Holland, senior vice president for The Hartford. ``In less than 24 hours of the horrific event, we were able to shake hands on a deal for a new home in New York City. We are grateful to those who helped us set up permanently on such a quick time-table and to our many business partners and clients who offered us temporary office space immediately following the destruction of the World Trade Center.''
The Hartford (NYSE: HIG - news) is one of the nation's largest insurance and financial services companies, with 2000 revenues of $14.7 billion. As of Sept. 30, 2001, The Hartford had assets of $170.6 billion and shareholders' equity of $8.8 billion. The company is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; commercial property and casualty insurance; and reinsurance.
The Hartford's Internet address is www.thehartford.com.