Financial District, Manhattan

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Financial District, Manhattan

The Financial District of New York City

New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
(sometimes called FiDi) is a neighborhood on the southernmost section of the borough

Borough (New York City)

New York City is one of the largest cities in the world, and it is segmented into boroughs for various reasons. A borough is a unique form of government which administers the five fundamental constituent parts that make up the History of New York City ....
of Manhattan

Manhattan

Manhattan is one of the five borough of New York City, located primarily on Manhattan Island at the mouth of the Hudson River.With a United States Census of 1,620,867 living in a land area of 22.96 square miles , Manhattan, coextensive with New York County, is the most population density county in the United States, w...
which comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange

New York Stock Exchange

New York Stock Exchange is a stock exchange based in New York City, New York. It is the largest stock exchange in the world by United States dollar market capitalization of its listed companies' Security ....
and the American Stock Exchange

American Stock Exchange

NYSE Alternext U.S., formerly known as the American Stock Exchange is an United States stock exchange situated in New York City. AMEX was a mutual organization, owned by its members....
.

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Encyclopedia

The Financial District of New York City

New York City

Borough (New York City)

Manhattan

New York Stock Exchange

American Stock Exchange

NYSE Alternext U.S., formerly known as the American Stock Exchange is an United States stock exchange situated in New York City. AMEX was a mutual organization, owned by its members....
. The World Trade Center

World trade center

The World Trade Centers Association founded in 1970, is a not-for-profit, non-political association dedicated to the establishment and effective operation of World Trade Centers as instruments for trade expansion representing 316 members in 91 countries....
existed in the neighborhood until the September 11, 2001 terrorist attacks and is currently being rebuilt as new buildings. The neighborhood roughly overlaps the boundaries of the New Amsterdam

New Amsterdam

New Amsterdam was a 17th-century Dutch colonization of the Americas settlement that later became New York City.The town developed outside of Fort Amsterdam on Manhattan Island in the New Netherland Territory which was situated between 38 and 42 degrees latitude as a provincial extension of the Dutch Republic as of 1624....
settlement in the late 17th century and has a residential population of about 56,000Toy, Vivian S. , The New York Times
The New York Times

The New York Times is an American daily newspaper published in New York City. The largest metropolitan newspaper in the United States, "The Gray Lady"?named for its staid appearance and style?is regarded as a national newspaper of record....
, February 20, 2009. Accessed March 1, 2009. "The overall population downtown has more than doubled since 2001, from 22,961 to 56,354 in the third quarter of 2008.". During the day, the population swells to about 300,000.

As a district, it encompasses roughly the area south of City Hall Park but excluding Battery Park

Battery Park (New York)

Battery Park is a 25-acre public park located at the Battery, the southern tip of the New York City borough of Manhattan, facing New York Harbor....
and Battery Park City. The heart of the Financial District is often considered to be the corner of Wall Street

Wall Street

Broad Street (Manhattan)

Broad Street is located in the Financial District in the New York City borough of Manhattan, stretching from South Street to Wall Street.Broad Street was named for the Broad Canal, which it replaced....
, both of which are contained entirely within the district.

Federal Hall National Memorial

Federal Hall

Federal Hall, located at 26 Wall Street in New York City, was the first capitol of the United States of America and the site of George Washington's first inauguration in 1789....
, on the site of the first US Capitol

United States Capitol

The United States Capitol serves as the seat of government for the United States Congress, the legislature of the federal government of the United States....
and the inauguration

Inauguration

An inauguration is a formal ceremony to mark the beginning of a leader's term of office. An example is the ceremony in which the president of the United States officially takes the oath of office....
of George Washington

George Washington

George Washington was the leader of the Continental Army in the American Revolutionary War and served as the List of Presidents of the United States President of the United States of the United States of Americas ....
as the first President of the United States

President of the United States

The President of the United States is the head of state and head of government of the United States and is the highest political official in the United States by influence and recognition....
, is located at the corner of Wall Street and Nassau Street

Nassau Street (Manhattan)

Nassau Street is a street in the Financial District, Manhattan of the New York City borough of Manhattan, located near Pace University and New York City Hall....
.

Previously, the neighborhood was considered to be primarily a destination for daytime traders and office workers from around New York City and the surrounding areas. The neighborhood now has a growing number of full-time residents, with estimates made in 2008 showing that there were approximately 56,000 people living in the area, a jump from the 15 to 20 thousand living there before September 11th, with (during the 200x decade and somewhat earlier) many buildings being converted from office space to apartments and condominiums.

It also has a growing number of tourist attractions such as the adjacent South Street Seaport

South Street Seaport

The South Street Seaport is a historic area in the New York City borough of Manhattan, located where Fulton Street meets the East River, and adjacent to the Financial District, Manhattan....
Historic District, New York City Police Museum

New York City Police Museum

The New York City Police Museum celebrates the history and contributions of the New York City Police Department since its establishment in 1845....
, and Museum of American Finance

Museum of American Finance

The Museum of American Finance, founded in 1988 as the Museum of American Financial History, located in New York City, is the nation's only independent public museum dedicated to celebrating the spirit of entrepreneurship and the democratic free market tradition which has made New York the financial capital of the world....
. The Sports Museum of America

Sports Museum of America

The Sports Museum of America was the United States' first national sports museum dedicated to the history and cultural significance of sports in America....
is located at the base of the Canyon of Heroes

Canyon of Heroes

"Canyon of Heroes" is a colloquialism referring to the section of New York City's lower Broadway and the Financial District that is the historic location of the city's ticker-tape parades....
where the famed New York City Ticker-tape parade

Ticker-tape parade

A ticker-tape parade is a parade event held in a downtown urban setting, allowing the jettison of large amounts of shredded paper products from nearby office buildings onto the parade route, creating a triumphal effect by the snowstorm-like flurry....
s begin. The Museum of Jewish Heritage

Museum of Jewish Heritage

The Museum of Jewish Heritage, in lower Manhattan, was created as a living memorial to the Holocaust. The hexagonal shape and tiered roof of the building are symbolic of the six points of the Star of David and the six million Jews who perished in the Holocaust....
and the Skyscraper Museum

Skyscraper Museum

Founded in 1997, the Skyscraper Museum, located in New York City in the United States, is currently the only museum of its kind in the world....
are both in adjacent Battery Park City which is also home to the World Financial Center

World Financial Center

The World Financial Center is a complex of buildings across West Street from the World Trade Center site in Lower Manhattan in New York City, overlooking the Hudson River....
.

Although the term is sometimes used as a synonym for "Wall Street

Wall Street

Wall Street is a street in lower Manhattan, New York City, New York, United States. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District, Manhattan....
", the latter term is often applied metonymously to the financial markets as a whole, whereas "the Financial District" implies an actual geographical location. According City of New York official data, the neighborhood is named Wall Street.

Source

by Vivian S. Toy, The New York Times
The New York Times

The New York Times is an American daily newspaper published in New York City. The largest metropolitan newspaper in the United States, "The Gray Lady"?named for its staid appearance and style?is regarded as a national newspaper of record....
, February 20, 2009

External links

, a wiki-based business directory for New York's Financial District.