Lower Manhattan
Encyclopedia
Lower Manhattan is the southernmost part of the island of Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...

, the main island and center of business and government of the City of New York
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

. Lower Manhattan or "downtown" is defined most commonly as the area delineated on the north by 14th Street
14th Street (Manhattan)
14th Street is a major crosstown street in the New York City borough of Manhattan. The street rivals the size of some of the well-known avenues of the city and is an important business location....

, on the west by the Hudson River
Hudson River
The Hudson is a river that flows from north to south through eastern New York. The highest official source is at Lake Tear of the Clouds, on the slopes of Mount Marcy in the Adirondack Mountains. The river itself officially begins in Henderson Lake in Newcomb, New York...

, on the east by the East River
East River
The East River is a tidal strait in New York City. It connects Upper New York Bay on its south end to Long Island Sound on its north end. It separates Long Island from the island of Manhattan and the Bronx on the North American mainland...

, and on the south by New York Harbor
New York Harbor
New York Harbor refers to the waterways of the estuary near the mouth of the Hudson River that empty into New York Bay. It is one of the largest natural harbors in the world. Although the U.S. Board of Geographic Names does not use the term, New York Harbor has important historical, governmental,...

 (also known as Upper New York Bay
Upper New York Bay
Upper New York Bay, or Upper Bay, is the traditional heart of the Port of New York and New Jersey, and often called New York Harbor. It is enclosed by the New York City boroughs of Manhattan, Brooklyn, and Staten Island and the Hudson County, New Jersey municipalities of Jersey City and Bayonne.It...

). When referring specifically to the lower Manhattan business district and its immediate environs, the northern border is commonly designated by thoroughfares approximately a mile-and-a-half south of 14th Street and a mile north of the island's southern tip: Chambers Street
Chambers Street (Manhattan)
Chambers Street is a bi-directional street in the New York City borough of Manhattan. It runs from River Terrace, Battery Park City, in the west, past PS 234 and Stuyvesant High School to 1 Centre Street, the Manhattan Municipal Building‎, to the east. In the early 20th century the street...

 from near the Hudson east to the Brooklyn Bridge
Brooklyn Bridge
The Brooklyn Bridge is one of the oldest suspension bridges in the United States. Completed in 1883, it connects the New York City boroughs of Manhattan and Brooklyn by spanning the East River...

 entrances and overpass. Two other major arteries are also sometimes identified as the northern border of "lower" or "downtown Manhattan": Canal Street
Canal Street (Manhattan)
Canal Street is a major street in New York City, crossing lower Manhattan to join New Jersey in the west to Brooklyn in the east . It forms the main spine of Chinatown, and separates it from Little Italy...

, roughly half a mile north of Chambers Street, and 23rd Street
23rd Street (Manhattan)
23rd Street is a broad thoroughfare in the New York City borough of Manhattan. It is one of few two-way streets in the gridiron of the borough. As with Manhattan's other "crosstown" streets, it is divided at Fifth Avenue, in this case at Madison Square Park, into its east and west sections. Since...

, roughly half a mile north of 14th Street. Anchored by Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

, in Lower Manhattan, New York City is the financial capital
Financial Centre
A financial centre is a global city that is a company and business hub, as well as being home to many world famous banks and/or stock exchanges....

 of the world and is home to the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

, the world's largest stock exchange by market capitalization of its listed companies.

History

The lower Manhattan business district forms the core of the area below Chambers Street. It includes the Financial District (often referred to as Wall Street, after its primary artery) and the former site of the World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

. At the island's southern tip is Battery Park
Battery Park
Battery Park is a 25-acre public park located at the Battery, the southern tip of Manhattan Island in New York City, facing New York Harbor. The Battery is named for artillery batteries that were positioned there in the city's early years in order to protect the settlement behind them...

; City Hall
New York City Hall
New York City Hall is located at the center of City Hall Park in the Civic Center area of Lower Manhattan, New York City, USA, between Broadway, Park Row, and Chambers Street. The building is the oldest City Hall in the United States that still houses its original governmental functions, such as...

 is just to the north of the Financial District. Also south of Chambers Street are the planned community
Planned community
A planned community, or planned city, is any community that was carefully planned from its inception and is typically constructed in a previously undeveloped area. This contrasts with settlements that evolve in a more ad hoc fashion. Land use conflicts are less frequent in planned communities since...

 of Battery Park City and the 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. The Seaport is a designated historic district, distinct from the neighboring Financial District...

 historic area. The neighborhood of TriBeCa
TriBeCa
Tribeca is a neighborhood in Lower Manhattan, New York in the United States. Its name is an acronym based on the words "Triangle below Canal Street", and is properly bounded by Canal Street, West Street, Broadway, and Vesey Street...

 straddles Chambers on the west side; at the street's east end is the giant Manhattan Municipal Building
Manhattan Municipal Building
The Manhattan Municipal Building, at 1 Centre Street in New York City, is a 40-story building built to accommodate increased governmental space demands after the 1898 consolidation of the city's five boroughs. Construction began in 1907 and ended in 1914, marking the end of the City Beautiful...

. North of Chambers Street and the Brooklyn Bridge and south of Canal Street lies most of New York's oldest Chinatown
Chinatown, Manhattan
Manhattan's Chinatown , home to one of the highest concentrations of Chinese people in the Western hemisphere, is located in the borough of Manhattan in New York City...

 neighborhood. Many court buildings
New York City Courts
The New York City court system consists of civil, criminal, and family courts. All have a presence in each borough and have city-wide jurisdiction. Instead, New York City courts have jurisdiction in the five counties that are coterminous with the five boroughs, but in practice most cases are...

 and other government offices
Foley Square
Foley Square is a street intersection and green space in the Civic Center neighborhood of Lower Manhattan, New York City and – by extension – the surrounding area, which is dominated by civic buildings. The space is bordered by Worth Street, Centre Street and Lafayette Street and lies...

 are also located in this area. The Lower East Side
Lower East Side, Manhattan
The Lower East Side, LES, is a neighborhood in the southeastern part of the New York City borough of Manhattan. It is roughly bounded by Allen Street, East Houston Street, Essex Street, Canal Street, Eldridge Street, East Broadway, and Grand Street....

 neighborhood straddles Canal. North of Canal and south of 14th Street are the neighborhoods of SoHo
SoHo
SoHo is a neighborhood in Lower Manhattan, New York City, notable for being the location of many artists' lofts and art galleries, and also, more recently, for the wide variety of stores and shops ranging from trendy boutiques to outlets of upscale national and international chain stores...

, the Meatpacking District
Meatpacking District, Manhattan
The Meatpacking District is a neighborhood in the New York City borough of Manhattan which runs roughly from West 14th Street south to Gansevoort Street, and from the Hudson River east to Hudson Street, although recently it is sometimes considered to have extended north to West 16th Street and east...

, the West Village
West Village, Manhattan
The West Village is the western portion of the Greenwich Village neighborhood in the New York City borough of Manhattan. The area is usually defined as bounded by the Hudson River on the west and either Sixth Avenue or Seventh Avenue on the east, extending from 14th Street down to Houston Street...

, Greenwich Village
Greenwich Village
Greenwich Village, , , , .in New York often simply called "the Village", is a largely residential neighborhood on the west side of Lower Manhattan in New York City. A large majority of the district is home to upper middle class families...

, Little Italy
Little Italy, Manhattan
Little Italy is a neighborhood in lower Manhattan, New York City, once known for its large population of Italians. Today the neighborhood of Little Italy consists of Italian stores and restaurants.-Historical area:...

, Nolita
NoLIta, Manhattan
Nolita, sometimes written as NoLIta, and deriving from "NOrth of Little ITAly"., is a neighborhood in the borough of Manhattan in New York City. Nolita is bounded on the north by Houston Street, on the east by the Bowery, on the south roughly by Broome Street, and on the west by Lafayette Street...

, and the East Village
East Village, Manhattan
The East Village is a neighborhood in the borough of Manhattan in New York City, lying east of Greenwich Village, south of Gramercy and Stuyvesant Town, and north of the Lower East Side...

. Between 14th and 23rd streets are lower Chelsea
Chelsea, Manhattan
Chelsea is a neighborhood on the West Side of the borough of Manhattan in New York City. The district's boundaries are roughly 14th Street to the south, 30th Street to the north, the western boundary of the Ladies' Mile Historic District – which lies between the Avenue of the Americas and...

, Union Square
Union Square (New York City)
Union Square is a public square in the Manhattan borough of New York City, New York.It is an important and historic intersection, located where Broadway and the former Bowery Road – now Fourth Avenue – came together in the early 19th century; its name celebrates neither the...

, the Flatiron District, Gramercy, and the large residential development Peter Cooper Village—Stuyvesant Town
Peter Cooper Village—Stuyvesant Town
Stuyvesant Town—Peter Cooper Village is a large private residential development on the East Side of the borough of Manhattan in New York City, and one of the most iconic and successful post-World War II private housing communities...

.

The Dutch established the first European settlements in Manhattan, which were located at the lower end of the island. The first fort was built at the Battery
Battery Park
Battery Park is a 25-acre public park located at the Battery, the southern tip of Manhattan Island in New York City, facing New York Harbor. The Battery is named for artillery batteries that were positioned there in the city's early years in order to protect the settlement behind them...

 to protect New Netherland
New Netherland
New Netherland, or Nieuw-Nederland in Dutch, was the 17th-century colonial province of the Republic of the Seven United Netherlands on the East Coast of North America. The claimed territories were the lands from the Delmarva Peninsula to extreme southwestern Cape Cod...

. In 1771, Bear Market was established along the Hudson shore on land donated by Trinity Church, and replaced by Washington Market in 1813. Washington Market was located between Barclay and Hubert Streets, and from Greenwich to West Street. The area remains one of the few parts of Manhattan where the street grid system is largely irregular. Throughout the early decades of the 1900s, the area experienced a construction boom, with major towers such as 40 Wall Street
40 Wall Street
40 Wall Street is a 70-story skyscraper in New York City. Originally known as the Bank of Manhattan Trust building, and also known as Manhattan Company Building, it was later known by its street address when its founding tenant merged to form the Chase Manhattan Bank and today is known as the...

, the American International Building
American International Building
The American International Building is a 66-story, 952 foot tall building in Lower Manhattan in New York City. The official address is 70 Pine Street, New York, NY 10270 and is also bordered by Cedar Street and Pearl Street. It was completed in 1932 by the Cities Service Company for the oil and...

, Woolworth Building
Woolworth Building
The Woolworth Building is one of the oldest skyscrapers in New York City. More than a century after the start of its construction, it remains, at 57 stories, one of the fifty tallest buildings in the United States as well as one of the twenty tallest buildings in New York City...

, and 20 Exchange Place being erected.

In the 1950s, a few new buildings were constructed in lower Manhattan, including an 11-story building at 156 William Street in 1955. A 27-story office building at 20 Broad Street, a 12-story building at 80 Pine Street, a 26-story building at 123 William Street, and a few others were built in 1957. By the end of the decade, lower Manhattan had become economically depressed, in comparison with midtown Manhattan
Midtown Manhattan
Midtown Manhattan, or simply Midtown, is an area of Manhattan, New York City home to world-famous commercial zones such as Rockefeller Center, Broadway, and Times Square...

, which was booming. David Rockefeller
David Rockefeller
David Rockefeller, Sr. is the current patriarch of the Rockefeller family. He is the youngest and only surviving child of John D. Rockefeller, Jr. and Abby Aldrich Rockefeller, and the only surviving grandchild of oil tycoon John D. Rockefeller, founder of Standard Oil. His five siblings were...

 spearheaded widespread urban renewal
Urban renewal
Urban renewal is a program of land redevelopment in areas of moderate to high density urban land use. Renewal has had both successes and failures. Its modern incarnation began in the late 19th century in developed nations and experienced an intense phase in the late 1940s – under the rubric of...

 efforts in lower Manhattan, beginning with construction One Chase Manhattan Plaza
One Chase Manhattan Plaza
One Chase Manhattan Plaza is a banking skyscraper located in the downtown Manhattan Financial District of New York City, between Pine, Liberty, Nassau, and William Streets. Construction on the building was completed in 1961...

, the new headquarters for his bank. He established the Downtown-Lower Manhattan Association (DLMA) which drew up plans for broader revitalization of lower Manhattan, with the development of a world trade center at the heart of these plans. The original DLMA plans called for the "world trade center" to be built along the East River
East River
The East River is a tidal strait in New York City. It connects Upper New York Bay on its south end to Long Island Sound on its north end. It separates Long Island from the island of Manhattan and the Bronx on the North American mainland...

, between Old Slip and Fulton Street
Fulton Street (Manhattan)
Fulton Street is a busy street located in Lower Manhattan. It is in New York City's Financial District, a few blocks north of Wall Street. It runs from Church Street at the site of the World Trade Center to South Street, terminating in front of the South Street Seaport...

. After negotiations with New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

 Governor Richard J. Hughes
Richard J. Hughes
Richard Joseph Hughes was an American Democratic Party politician, who served as the 45th Governor of New Jersey from 1962 to 1970, and as Chief Justice of the New Jersey Supreme Court from 1973–1979...

, the Port Authority
Port Authority of New York and New Jersey
The Port Authority of New York and New Jersey is a bi-state port district, established in 1921 through an interstate compact, that runs most of the regional transportation infrastructure, including the bridges, tunnels, airports, and seaports, within the Port of New York and New Jersey...

 decided to build the World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

 on a site along the Hudson River
Hudson River
The Hudson is a river that flows from north to south through eastern New York. The highest official source is at Lake Tear of the Clouds, on the slopes of Mount Marcy in the Adirondack Mountains. The river itself officially begins in Henderson Lake in Newcomb, New York...

 and the West Side Highway
West Side Highway
The West Side Highway is a mostly surface section of New York State Route 9A that runs from West 72nd Street along the Hudson River to the southern tip of Manhattan. It replaced the West Side Elevated Highway, built between 1929 and 1951, which was shut down in 1973 due to neglect and lack of...

, rather than the East River site.

Through much of its history, the area south of Chambers Street was mainly a commercial district, with a small population of residents—in 1960, it was home to about 4,000. Construction of Battery Park City, on landfill from construction of the World Trade Center, brought many new residents to the area. Gateway Plaza, the first Battery Park City development, was finished in 1983. The project's centerpiece, 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. This complex is home to offices of companies including Merrill Lynch, RBC Capital Markets, Nomura Group, the Wall Street...

, consists of four luxury highrise towers. By the turn of the century, Battery Park City was mostly completed, with the exception of some ongoing construction on West Street. Around this time, lower Manhattan reached its highest population of business tenants and full-time residents.

Since the early twentieth century, lower Manhattan has been an important center for the arts and leisure activities. Greenwich Village was a locus of bohemian
Bohemianism
Bohemianism is the practice of an unconventional lifestyle, often in the company of like-minded people, with few permanent ties, involving musical, artistic or literary pursuits...

 culture from the first decade of the century through the 1980s. Several of the city's leading jazz clubs are still located in Greenwich Village, which was also one of the primary bases of the American folk music revival
American folk music revival
The American folk music revival was a phenomenon in the United States that began during the 1940s and peaked in popularity in the mid-1960s. Its roots went earlier, and performers like Josh White, Burl Ives, Woody Guthrie, Lead Belly, Richard Dyer-Bennett, Oscar Brand, Jean Ritchie, John Jacob...

 of the 1960s. Many art galleries were located in SoHo between the 1970s and early 1990s; today, the downtown Manhattan gallery scene is centered in Chelsea. From the 1960s onward, lower Manhattan has been home to many alternative theater companies, constituting the heart of the Off-Off-Broadway
Off-Off-Broadway
Off-Off-Broadway theatrical productions in New York City are those in theatres that are smaller than Broadway and Off-Broadway theatres. Off-Off-Broadway theaters are often defined as theaters that have fewer than 100 seats, though the term can be used for any show in the New York City area that...

 community. Punk rock
Punk rock
Punk rock is a rock music genre that developed between 1974 and 1976 in the United States, the United Kingdom, and Australia. Rooted in garage rock and other forms of what is now known as protopunk music, punk rock bands eschewed perceived excesses of mainstream 1970s rock...

 and its derivatives emerged in the mid-1970s largely at two venues: CBGB
CBGB
CBGB was a music club at 315 Bowery at Bleecker Street in the borough of Manhattan in New York City.Founded by Hilly Kristal in 1973, it was originally intended to feature its namesake musical styles, but became a forum for American punk and New Wave bands like Ramones, Misfits, Television, the...

 on the Bowery
Bowery
Bowery may refer to:Streets:* The Bowery, a thoroughfare in Manhattan, New York City* Bowery Street is a street on Coney Island in Brooklyn, N.Y.In popular culture:* Bowery Amphitheatre, a building on the Bowery in New York City...

, the western edge of the East Village, and Max's Kansas City
Max's Kansas City
Max's Kansas City was a nightclub and restaurant at 213 Park Avenue South, in New York City, which was a gathering spot for musicians, poets, artists and politicians in the 1960s and 1970s.-Origin of name:...

 on Park Avenue South
Park Avenue (Manhattan)
Park Avenue is a wide boulevard that carries north and southbound traffic in New York City borough of Manhattan. Through most of its length, it runs parallel to Madison Avenue to the west and Lexington Avenue to the east....

. At the same time, the area's surfeit of reappropriated industrial lofts played an integral role in the development and sustenance of the minimalist composition, free jazz
Free jazz
Free jazz is an approach to jazz music that was first developed in the 1950s and 1960s. Though the music produced by free jazz pioneers varied widely, the common feature was a dissatisfaction with the limitations of bebop, hard bop, and modal jazz, which had developed in the 1940s and 1950s...

, and disco
Disco
Disco is a genre of dance music. Disco acts charted high during the mid-1970s, and the genre's popularity peaked during the late 1970s. It had its roots in clubs that catered to African American, gay, psychedelic, and other communities in New York City and Philadelphia during the late 1960s and...

/electronic dance music
Electronic dance music
Electronic dance music is electronic music produced primarily for the purposes of use within a nightclub setting, or in an environment that is centered upon dance-based entertainment...

 subcultures. The area's many nightclubs and bars—though mostly shorn of the freewheeling iconoclasm, pioneering spirit, and do-it-yourself mentality that characterized the pregentrification era—still draw patrons from throughout the city and the surrounding region. In the early twenty-first century, the Meatpacking District, once the sparsely populated province of after-hours BDSM
BDSM
BDSM is an erotic preference and a form of sexual expression involving the consensual use of restraint, intense sensory stimulation, and fantasy power role-play. The compound acronym BDSM is derived from the terms bondage and discipline , dominance and submission , and sadism and masochism...

 clubs and transgendered prostitutes, gained a reputation as New York's trendiest neighborhood.

Among the commercial districts of Lower Manhattan was the now vanished Radio Row
Radio Row
Radio Row is a nickname for an urban street or district specializing in the sale of radio and electronic equipment and parts. Radio Rows arose in many cities with the 1920s rise of broadcasting and declined after mid century.-New York:...

, which was located on Cortlandt Street at what became the site of the World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

.

Historic sites

Perhaps Lower Manhattan's most renowned landmark is now the former World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

 site. Before the September 11 attacks, the Twin Towers were iconic of Lower Manhattan's global financial significance. The projected visitors to the future World Trade Center skyscrapers and the 9/11 memorial are 6 million people, and the new office towers (including One World Trade Center) will restore the Lower Manhattan skyline and give it the title of the third largest central business district in the United States, behind Midtown Manhattan
Midtown Manhattan
Midtown Manhattan, or simply Midtown, is an area of Manhattan, New York City home to world-famous commercial zones such as Rockefeller Center, Broadway, and Times Square...

 and the Chicago loop.

The area contains many old and historic building and sites, including Castle Garden, originally the fort Castle Clinton
Castle Clinton
Castle Clinton or Fort Clinton, once known as Castle Garden, is a circular sandstone fort now located in Battery Park at the southern tip of Manhattan Island, New York City, in the United States. It is perhaps best remembered as America's first immigration station , where more than 8 million...

, Bowling Green
Bowling Green (New York City)
Bowling Green is a small public park in Lower Manhattan at the foot of Broadway next to the site of the original Dutch fort of New Amsterdam. Built in 1733, originally including a bowling green, it is the oldest public park in New York City and is surrounded by its original 18th century fence. At...

, the old United States Customs House
Alexander Hamilton U.S. Custom House
The Alexander Hamilton U.S. Custom House is a building in New York City, built 1902–1907 by the federal government to house the duty collection operations for the port of New York. It is located near the southern tip of Manhattan, next to Battery Park, at 1 Bowling Green...

, now the National Museum of the American Indian
National Museum of the American Indian
The National Museum of the American Indian is a museum operated under the auspices of the Smithsonian Institution that is dedicated to the life, languages, literature, history, and arts of the native Americans of the Western Hemisphere...

, Federal Hall
Federal Hall
Federal Hall, built in 1700 as New York's City Hall, later served as the first capitol building of the United States of America under the Constitution, and was the site of George Washington's inauguration as the first President of the United States. It was also where the United States Bill of...

, where George Washington
George Washington
George Washington was the dominant military and political leader of the new United States of America from 1775 to 1799. He led the American victory over Great Britain in the American Revolutionary War as commander-in-chief of the Continental Army from 1775 to 1783, and presided over the writing of...

 was inaugurated as the first U.S. President
President of the United States
The President of the United States of America is the head of state and head of government of the United States. The president leads the executive branch of the federal government and is the commander-in-chief of the United States Armed Forces....

, Fraunces Tavern
Fraunces Tavern
Fraunces Tavern is a tavern, restaurant and museum housed in a conjectural reconstruction of a building that played a prominent role in pre-Revolution and American Revolution history. The building, located at 54 Pearl Street at the corner of Broad Street, has been owned by Sons of the Revolution in...

, New York City Hall
New York City Hall
New York City Hall is located at the center of City Hall Park in the Civic Center area of Lower Manhattan, New York City, USA, between Broadway, Park Row, and Chambers Street. The building is the oldest City Hall in the United States that still houses its original governmental functions, such as...

, the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

, renovated original mercantile buildings of the 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. The Seaport is a designated historic district, distinct from the neighboring Financial District...

 (and a modern tourist building), the Brooklyn Bridge
Brooklyn Bridge
The Brooklyn Bridge is one of the oldest suspension bridges in the United States. Completed in 1883, it connects the New York City boroughs of Manhattan and Brooklyn by spanning the East River...

, South Ferry, embarkation point for the Staten Island Ferry
Staten Island Ferry
The Staten Island Ferry is a passenger ferry service operated by the New York City Department of Transportation that runs between the boroughs of Manhattan and Staten Island.-Overview:...

 and ferries to Liberty Island
Liberty Island
Liberty Island is a small uninhabited island in New York Harbor in the United States, best known as the location of the Statue of Liberty. Though so called since the turn of the century, the name did not become official until 1956. In 1937, by proclamation 2250, President Franklin D...

 and Ellis Island
Ellis Island
Ellis Island in New York Harbor was the gateway for millions of immigrants to the United States. It was the nation's busiest immigrant inspection station from 1892 until 1954. The island was greatly expanded with landfill between 1892 and 1934. Before that, the much smaller original island was the...

, and Trinity Church
Trinity Church, New York
Trinity Church at 79 Broadway, Lower Manhattan, is a historic, active parish church in the Episcopal Diocese of New York...

. Lower Manhattan is home to some of New York City's most spectacular skyscrapers, including the Woolworth Building
Woolworth Building
The Woolworth Building is one of the oldest skyscrapers in New York City. More than a century after the start of its construction, it remains, at 57 stories, one of the fifty tallest buildings in the United States as well as one of the twenty tallest buildings in New York City...

, 40 Wall Street
40 Wall Street
40 Wall Street is a 70-story skyscraper in New York City. Originally known as the Bank of Manhattan Trust building, and also known as Manhattan Company Building, it was later known by its street address when its founding tenant merged to form the Chase Manhattan Bank and today is known as the...

 (also known as the Trump Building), the Standard Oil
Standard Oil
Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational...

 Building at 26 Broadway
26 Broadway
26 Broadway is a 31-story, 159 m, 520 ft New York City Designated Landmark at the southern tip of Manhattan at Bowling Green...

, and the American International Building
American International Building
The American International Building is a 66-story, 952 foot tall building in Lower Manhattan in New York City. The official address is 70 Pine Street, New York, NY 10270 and is also bordered by Cedar Street and Pearl Street. It was completed in 1932 by the Cities Service Company for the oil and...

.

Recovery and future

After the terrorist attacks of September 11, 2001, Lower Manhattan lost much of its economy and office space. While the area's economy has rebounded significantly, as of April 2010, the enormous site once occupied by the World Trade Center remains under construction. The Lower Manhattan Development Corporation
Lower Manhattan Development Corporation
The Lower Manhattan Development Corporation was formed in July 2002, after the September 11 attacks to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan....

 plans to rebuild downtown Manhattan, by adding new streets, buildings, and office space.

Defining downtown

Downtown in the context of Manhattan, and of New York City generally, has different meanings to different people, especially depending on where in the city they reside. Residents of the island or of The Bronx
The Bronx
The Bronx is the northernmost of the five boroughs of New York City. It is also known as Bronx County, the last of the 62 counties of New York State to be incorporated...

 generally speak of going "downtown" to refer to any southbound excursion to any Manhattan destination. A declaration that one is going to be "downtown" may indicate a plan to be anywhere south of 14th Street
14th Street (Manhattan)
14th Street is a major crosstown street in the New York City borough of Manhattan. The street rivals the size of some of the well-known avenues of the city and is an important business location....

—the definition of downtown according to the city's official tourism marketing organization—or even 23rd Street
23rd Street (Manhattan)
23rd Street is a broad thoroughfare in the New York City borough of Manhattan. It is one of few two-way streets in the gridiron of the borough. As with Manhattan's other "crosstown" streets, it is divided at Fifth Avenue, in this case at Madison Square Park, into its east and west sections. Since...

. The full phrase downtown Manhattan may also refer more specifically to the area of Manhattan south of Canal Street
Canal Street (Manhattan)
Canal Street is a major street in New York City, crossing lower Manhattan to join New Jersey in the west to Brooklyn in the east . It forms the main spine of Chinatown, and separates it from Little Italy...

. Within business-related contexts, many people use the term downtown Manhattan to refer only to the Financial District and the corporate offices in the immediate vicinity. For instance, the Business Improvement District
Business improvement district
A business improvement district is a defined area within which businesses pay an additional tax or fee in order to fund improvements within the district's boundaries. Grant funds acquired by the city for special programs and/or incentives such as tax abatements can be made available to assist...

 managed by the Alliance for Downtown New York defines Downtown as South of Murray Street (essentially South of New York City Hall
New York City Hall
New York City Hall is located at the center of City Hall Park in the Civic Center area of Lower Manhattan, New York City, USA, between Broadway, Park Row, and Chambers Street. The building is the oldest City Hall in the United States that still houses its original governmental functions, such as...

), which includes the World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

 area and the Financial District
Financial District, Manhattan
The Financial District of New York City is a neighborhood on the southernmost section of the borough of Manhattan which comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York...

. The phrase lower Manhattan may apply to any of these definitions: the broader ones often if the speaker is discussing the area in relation to the rest of the city; more restrictive ones, again, if the focus is on business matters or on the early colonial and post-colonial history of the island.

As reflected in popular culture, "downtown" in Manhattan has historically represented a place where one could "forget all your troubles, forget all your cares, and go Downtown," as the lyrics of Petula Clark
Petula Clark
Petula Clark, CBE is an English singer, actress, and composer whose career has spanned seven decades.Clark's professional career began as an entertainer on BBC Radio during World War II...

's 1964
1964 in music
-Events:*January 1 – Top of the Pops is broadcast for the first time, on BBC television.*January 3 – Footage of the Beatles performing a concert in Bournemouth, England is shown on The Jack Paar Show....

 hit "Downtown
Downtown (Petula Clark song)
"Downtown" is a pop song composed by Tony Hatch which, as recorded by Petula Clark, became an international hit – No. 1 in the US and No. 2 in the UK – at the end of 1964.-Original recording:...

" celebrate. The protagonist of Billy Joel
Billy Joel
William Martin "Billy" Joel is an American musician and pianist, singer-songwriter, and classical composer. Since releasing his first hit song, "Piano Man", in 1973, Joel has become the sixth best-selling recording artist and the third best-selling solo artist in the United States, according to...

's 1983
1983 in music
This is a list of notable events in music that took place in the year 1983.-January-April:*January – ZTT Records is founded.*January 8 – The UK singles chart is tabulated from this week forward by The Gallup Organization...

 hit "Uptown Girl
Uptown Girl
"Uptown Girl" is a song written and performed by musician Billy Joel, first released in 1983 on his album An Innocent Man. The lyrics describe a working-class "downtown man" attempting to woo a wealthy "uptown girl." The single peaked at #3 on the Billboard charts in the US, and #1 in the UK,...

" contrasts himself (a "downtown man") with the purportedly staid uptown world. Likewise, the chorus of Neil Young
Neil Young
Neil Percival Young, OC, OM is a Canadian singer-songwriter who is widely regarded as one of the most influential musicians of his generation...

's 1995 single "Downtown" urges "Let's have a party, downtown all right."

Government and Infrastructure

The headquarters of the Port Authority of New York and New Jersey
Port Authority of New York and New Jersey
The Port Authority of New York and New Jersey is a bi-state port district, established in 1921 through an interstate compact, that runs most of the regional transportation infrastructure, including the bridges, tunnels, airports, and seaports, within the Port of New York and New Jersey...

 will be located in Four World Trade Center
Four World Trade Center
Four World Trade Center is a skyscraper under construction as part of the new World Trade Center in New York City at 150 Greenwich Street on the east side of Greenwich Street, across from the original location of the Twin Towers that were destroyed during the September 11 attacks...

 of the new World Trade Center complex.

The city hall and related government infrastructure of the City Of New York are located in Lower Manhattan, next to City Hall Park.

Several major transportation projects, including the Fulton Street Transit Center
Fulton Street Transit Center
The Fulton Street Transit Center is a $1.4 billion project under construction of the Metropolitan Transportation Authority , a public agency of the state of New York...

 and the World Trade Center Transportation Hub, are under construction in Lower Manhattan. The World Trade Center Transportation Hub, to be completed by 2014, will serve 250,000 passengers daily and will be the third largest train station in New York City.

Economy

Lower Manhattan is the fourth largest business district in the United States, after Midtown Manhattan
Midtown Manhattan
Midtown Manhattan, or simply Midtown, is an area of Manhattan, New York City home to world-famous commercial zones such as Rockefeller Center, Broadway, and Times Square...

, the Chicago Loop
Chicago Loop
The Loop or Chicago Loop is one of 77 officially designated Chicago community areas located in the City of Chicago, Illinois. It is the historic commercial center of downtown Chicago...

, and Washington, D.C.
Washington, D.C.
Washington, D.C., formally the District of Columbia and commonly referred to as Washington, "the District", or simply D.C., is the capital of the United States. On July 16, 1790, the United States Congress approved the creation of a permanent national capital as permitted by the U.S. Constitution....

, and will regain the title of 3rd after the completion of 1 World Trade Center, also known as Freedom Tower, and the three other skyscrapers at the site.

55 Water Street
55 Water Street
55 Water Street is a 687ft tall skyscraper in Lower Manhattan, New York City. It was completed in 1972 and has 53 floors. Emery Roth & Sons designed the building, which is tied with 277 Park Avenue as the 40th tallest building in New York City. When it was completed it was the largest office...

 houses the headquarters of EmblemHealth and Standard & Poor's
Standard & Poor's
Standard & Poor's is a United States-based financial services company. It is a division of The McGraw-Hill Companies that publishes financial research and analysis on stocks and bonds. It is well known for its stock-market indices, the US-based S&P 500, the Australian S&P/ASX 200, the Canadian...

. HIP Health Plan of New York, which became a part of EmblemHealth, moved there with 2,000 employees in October 2004. It was the largest corporate relocation in downtown Manhattan following the September 11 attacks.

The headquarters of AOL
AOL
AOL Inc. is an American global Internet services and media company. AOL is headquartered at 770 Broadway in New York. Founded in 1983 as Control Video Corporation, it has franchised its services to companies in several nations around the world or set up international versions of its services...

 are located at 770 Broadway. At 200 West Street
200 West Street
Goldman Sachs Tower is the global headquarters of Goldman Sachs located in Lower Manhattan. The building is a , 43-story building that opened in October 2009 in the Battery Park City neighborhood of Manhattan. It is located on West Street, between Vesey and Murray Streets...

, the investment banking company Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 has finished construction of their world headquarters. The headquarters of Verizon Communications
Verizon Communications
Verizon Communications Inc. is a global broadband and telecommunications company and a component of the Dow Jones Industrial Average...

 are located at 140 West Street. The headquarters of Ambac Financial Group
Ambac Financial Group
The Ambac Financial Group, Inc., generally known as Ambac , is an American holding company whose subsidiaries provide financial guarantee products, such as bond insurance and other financial services to clients in both the public and private sectors around the world...

 are in Lower Manhattan. The headquarters of PR Newswire
PR Newswire
PR Newswire started out in 1954 as a vendor hired by companies and agencies to send out text press releases to the media. Today, PR Newswire is hired by corporations, public relations firms and non-governmental organizations to deliver news and multimedia content...

 are in Lower Manhattan. Nielsen Company and subsidiary Nielsen Media Research
Nielsen Media Research
Nielsen Media Research is an American firm that measures media audiences, including television, radio, theatre films and newspapers...

 have their headquarters in Lower Manhattan.

Prior to the September 11 attacks, One World Trade Center
World Trade Center
The original World Trade Center was a complex with seven buildings featuring landmark twin towers in Lower Manhattan, New York City, United States. The complex opened on April 4, 1973, and was destroyed in 2001 during the September 11 attacks. The site is currently being rebuilt with five new...

 served as the headquarters of Cantor Fitzgerald. Prior to its dissolution, the headquarters of US Helicopter
US Helicopter
US Helicopter was an independent air shuttle service that operated regularly scheduled helicopter flights from Manhattan to Newark and JFK airports. Flights left from Downtown and Midtown Manhattan Heliports to Delta Air Lines Terminal 3 at John F. Kennedy International Airport...

 were in Lower Manhattan. When Hi Tech Expressions
Hi Tech Expressions
Hi Tech Expressions was an American console game company headquartered in Lower Manhattan, New York City.Hi Tech existed during the early 1990s. During the course of its existence, the company made primarily juvenile-oriented games for young boys and girls...

 existed, its headquarters were in Lower Manhattan.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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