Latest news with #Sarnoski
Boston Globe
2 days ago
- Business
- Boston Globe
State Street consolidating Boston offices, pulling out of Fort Point
For at least the past five years, State Street has used One Channel Center as the headquarters of its asset management arm, which recently changed its name from State Street Global Advisors to State Street Investment Management. Sarnoski said the asset management division will move into two floors at One Congress, including one where a new trading desk is being built. Sarnoski said the primary reason for the office consolidation is to make the workforce more efficient, by putting more people under the same roof. Starting in the fall of 2023, State Street required workers to be in the office at least four days a week, one of the most aggressive post-COVID return-to-office mandates in the city. Advertisement 'The reason here [for the move] is purely we've seen the value of working in person,' Sarnoski said. 'It's been reinforced with our return-to-office mandate. ... It makes much more sense to have people in person in the same building.' Advertisement Cost savings, he added, is also a benefit, though not the driving force. State Street last week told investors it would take a $100 million charge to account for severance packages associated with layoffs of 900 people across its global workforce; the move out of One Channel Center is unrelated. (The company declined to say how many Massachusetts jobs were cut.) State Street still has several years left on its lease with landlord Tishman Speyer. Sarnoski said it's possible State Street will try to sublease the space, but the company is also talking about a deal to buy out the rest of the lease so Tishman Speyer can look at new tenants to fill the building, and offer a lease that lasts for longer than a few years. (State Street's lease expires at the end of 2029.) State Street is one of Boston's biggest employers, and there are only a few that could use an office building as large as 500,000 square feet. For comparison, Pawtucket, R.I.-based Hasbro and P&G's Boston-based Gillette division, two big employers currently considering moves in Boston, are seeking offices that are roughly half that size. Commonwealth Ventures and Ares Management began developing the building and its adjacent 970-space garage for State Street more than a decade ago. The building opened in late 2014, and it was Advertisement Tom Ready, a board member at the Fort Point Neighborhood Association, said the departure would have a relatively low impact on the surrounding neighborhood, in part because State Street employees have tended to use the corporate cafeteria instead of eating out at local restaurants. 'They've been consolidating their footprint over time and reducing the size of their workforce in Greater Boston,' Ready said of State Street. 'It's not a surprise to us that they're either moving out entirely or don't require the full building anymore. [But] it is a surprise they're leaving before their lease is up.' Jon Chesto can be reached at
See - Sada Elbalad
08-04-2025
- Entertainment
- See - Sada Elbalad
"Death Stranding" Live-Action Movie Finds Its Director
Yara Sameh Even as he is deep in post-production on his next movie, "Death of Robin Hood" at A24 starring Hugh Jackman and Jodie Comer, Michael Sarnoski and the studio are already setting their next project. Sarnoski has been tapped to write and direct the live-action adaptation of Hideo Kojima's genre-defying video game "Death Stranding", with A24 and Kojima Productions producing. Lars Knudsen and Ari Aster's Square Peg will also join as producer. The adaptation will delve into the game's mysteries surrounding the 'Death Stranding' — a catastrophic series of events that blurred the boundaries between the worlds of the living and the dead, bringing forth nightmarish creatures into a fragmented world on the brink of collapse. "Death Stranding" captured the imaginations of millions of gamers, played by more than 19 million worldwide. Originally launched in November 2019 for PlayStation 4, it boasts an all-star cast, including Norman Reedus, Mads Mikkelsen, Léa Seydoux, Guillermo del Toro and Margaret Qualley. Players plays the role of Sam Porter Bridges, a character tasked with reuniting a divided America, rebuilding hope, and re-establishing connections among the last remnants of humanity. The news follows on the heels of a number of Kojima Productions announcements at SXSW including a launch date for "Death Stranding 2: On the Beach" (June 26), debuting a new trailer, confirming a worldwide concert tour based on the franchise, and a collaboration with luxury watchmaker Hamilton. The game sees the return of Reedus, Seydoux, Nicolas Winding Refn and Troy Baker, who will be joined by Luca Marinelli, George Miller, and Elle Fanning. The project gives Sarnoski another high-profile IP to add to his resume after his critically acclaimed 2021 breakout pic Pig". The movie starred Nicolas Cage and put Sarnoski on the map as a rising star in the director ranks. The pic landed him the high-profile "A Quiet Place" spinoff, "A Quiet Place: Day One", which bowed this past summer, grossing more than $250 million worldwide. Sarnoski most recently directed "Death of Robin Hood" at A24 starring Hugh Jackman and Jodie Comer. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) News Israeli PM Diagnosed with Stage 3 Prostate Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple
