- The statue, created by artist Arturo Di Modica, has served as the focal point for numerous protests over the years, including 2011's Occupy Wall Street movement. The spokesperson cited "the safety of New Yorkers" for the relocation.
- Discussions between the mayor's office and the artist's spokesman hint at the bull being moved closer to the New York Stock Exchange. It's unknown when the move would take place.
- Visit the Business Insider homepage for more stories .
Lower Manhattan's "Charging Bull" statue won't reside in Bowling Green Park for much longer.
The famous statue will soon be moved "to protect the safety of New Yorkers" living in the surrounding neighborhood, a spokeswoman for New York City Mayor Bill de Blasio, Jane Meyer, told the Wall Street Journal .
The mayor's office reached out to the bull's sculptor, Arturo Di Modica, on October 23 to coordinate the move, the artist's spokesman Arthur Piccolo told WSJ.
Discussions between the sculptor's spokesman and city officials signal the bull may be moved closer to the New York Stock Exchange, according to WSJ. It's not yet known when the move would take place.
The statue has served as a focal point for demonstrations for years. The Occupy Wall Street movement brought the "Charging Bull" to center-stage in 2011, as protesters returned to the statue for weeks to protest economic inequality. More recently, climate-change protesters poured fake blood on the statue as part of a "die-in" event on October 7.
The relocation is drawing its own share of pushback. Di Modica is opposed to the move and believes the statue should remain in Bowling Green Park, Piccolo said.
"The bull has been in Bowling Green Park for nearly 30 years and it's the perfect location," Piccolo told WSJ. "There's no reason to move it now."
The statue was first placed in front of the New York Stock Exchange in December 1989 before its relocation to Bowling Green Park.
Now read more markets coverage from Markets Insider and Business Insider:
The jig is up: Robinhood says it's closed the 'infinite leverage' loophole that allowed users to build positions worth millions
Square dumped food-delivery service Caviar earlier this year. Now it's boosted its profit forecast on the heels of strong earnings.
GOLDMAN SACHS: Owning companies with high foreign sales has quickly become the top-performing strategy of this year. These 13 stocks are best-positioned to continue profiting from it.