The AIG towers in New York City. Photo: Chris Hondros/Getty Images

AIG will move its world headquarters next year from New York City's Financial District to Rockefeller Center, where it will occupy 8 floors and 325,000 square feet, the corporation announced Tuesday.

The big picture: The move to 1271 Avenue of the Americas will see the insurance giant depart the city's Financial District after more than three decades. AIG will also consolidate the rest of its footprint in the area to two new locations, including one at the Goldman Sachs Tower.

Thought bubble, via Axios business editor Jennifer Kingson: The move is a shot in the arm for New York City, which has been suffering from corporate flight amid the pandemic.

  • Wealthy residents who can work from home have fled the city for the suburbs and vacation homes, turning the midtown area that AIG will occupy into a relative ghost town.
  • Wall Street firms are considering leaving the city or reducing their footprint, and a new report from the Partnership for New York City says that companies “expect only 10% of their employees to return to the office this summer and just 40% by year-end,” according to Bloomberg.

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Travelers from 35 states are now required to quarantine for 14 days when traveling to New York, New Jersey and Connecticut, per New York state's health department.

What's new: New York City will set up bridge and tunnel checkpoints to enforce the quarantine order, Mayor Bill de Blasio said Wednesday, per the Wall Street Journal.

Trump whisked out of press briefing after shooting outside White House

President Trump was escorted out of a coronavirus press briefing by a Secret Service agent on Monday after law enforcement reportedly shot an armed suspect outside of the White House.

The state of play: Trump returned to the podium approximately ten minutes later and informed reporters of the news. He said the suspect has been taken to the hospital, but was unable to provide more details and said Secret Service may give a briefing later.

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Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 5:30 p.m. ET: 19,952,057 — Total deaths: 732,689 — Total recoveries — 12,150,698Map.
  2. U.S.: Total confirmed cases as of 5:30 p.m. ET: 5,074,059 — Total deaths: 163,275 — Total recoveries: 1,656,864 — Total tests: 61,792,571Map.
  3. Politics: House will not hold votes until Sept. 14 unless stimulus deal is reached.
  4. Business: Richer Americans are more comfortable eating out.
  5. Public health: A dual coronavirus and flu threat is set to deliver a winter from hellAt least 48 local public health leaders have quit or been fired during pandemic.
  6. Sports: The cost of kids losing gym class — College football is on the brink.
  7. World: Europe's CDC recommends new restrictions amid "true resurgence in cases."