Aetna's new corporate headquarters at 61 Ninth Ave. in New York, which the company will occupy in late 2018.
National health insurer Aetna said Thursday it will move its headquarters to New York from Hartford, Conn., in late 2018.
"New York City is a knowledge economy hub, and a driver of the innovations that will play a significant part in our ongoing transformation," Aetna CEO Mark Bertolini said in a statement. "Many of the roles in our new office will be filled by innovators from the area's deep talent pool, which will be an invaluable resource as we consider additional investments in the city going forward."
The move with bring 250 new jobs to New York, where Aetna already has a presence and about 1,500 employees. Aetna employs a total 47,400 people.
Aetna announced in May that it was negotiating with several states to relocate its headquarters from Hartford, where it has been since it was founded in 1853. Bertolini blamed the decision to move on Connecticut's "significant economic challenges." Connecticut faces a worsening budget deficit of $2.3 billion in the next fiscal year and has experienced slow economic growth.