The Fearless Girl statue, which has stared down the Manhattan financial district's famous Charging Bull for more than a year, will be relocating to a spot in front of the New York Stock Exchange.
The statue was installed near Wall Street in 2017 in honor of International Women's Day, and only had a temporary permit. But now it will remain in New York City permanently, at the new location just around the corner.
The move is expected to be completed by the end of 2018, according to a statement from New York Mayor Bill de Blasio and State Street Global Advisors, the financial services company that commissioned the statue.
"We are proud to be home to the Fearless Girl. She is a potent symbol of the need for change at the highest levels of corporate America—and she will become a durable part of our city's civic life," de Blasio said in the statement.
The statue by Kristen Visbal was originally installed to draw attention to the need for more female representation on the boards of publicly traded companies. But State Street, the firm that installed the statue, made headlines later in 2017 after an investigation found that the firm had underpaid women and black executives.