Financial District
Hudson River to Barclay Lane
The Financial District encompasses Manhattan ‘s southern level, west of the Hudson River, east of the East River, south of the New York Harbor, and north of Barclay Lane. This is the historical hub of the city, one of New York City ‘s two largest business districts-the other Midtown Manhattan, which is a consequence, compared to the grid of typical city streets and avenues. It’s the most important aspect of modern city history.
The Financial District is the heart of the capital markets of our country, one of the most important places in Manhattan. The first immigration station of the United States was Castle Clinton. Stone Street is regarded as the first paved street in town and one of the city’s most famous landmarks is the Charging Bull statue in front of Bowling Green. When it sits at the confluence of the Hudson and East Rivers, the Financial District is like an urban oasis. Instead of a wide metropolitan city, some areas look more like a small coastal region. Most high-rise buildings have a supportive animal pet policy that encourages animal lovers to live together without suffering for their fourlegged mates. This is also very popular for animal owners. During the day, New Yorkers fly to this big business hub to work in the Financial District. Lunch time is one of the Financial District’s most peculiar beasts. With quick take-out choices like Chop’t and Shake Shack, queues stretch across the sidewalk. Good foods like Delmonico’s at old-fashioned steak houses.
History
The southern tip of Manhattan was the site of Europe’s first New York settlement-the Dutch New Amsterdam settlement. The settlement was established in 1625 and became the capital of New Netherlands, the Dutch colonial province that governed the Hudson river. The British took over The Holland in 1664 and “Old York” in New Amsterdam.
New York became a major colonizing political base in the late 18th century with the beginning of the American Revolution. The so-called ‘Stamp Act Congress’ was protested against the Stemp Act, bringing here the so-called ‘Right and Grievances Resolution,.’ British troops occupied and controlled New York until the end of the war when George Washington triumphantly returned to Manhattan. He would return to office again in 1789, and become the first president of the nation, after New York acted briefly as the first capital city in the United States to draft and ratify the Bill of Rights.
Lower Manhattan began to become an cultural and political hub for the new country shortly after the formation of the United States. In 1792, under one buttonwood tree at68 Wall Street, a group of stock brokers signed the Buttonwood agreement establishing the New York Stock Exchange. The business culture in the area was driving the construction of many of the skyscraper in the city in the late 19th and early 20th centuries, and New York’s financial power rose, as evidenced by the Wall Street Crash in 1929 that led to the Great Depression.
New economic development in Midtown was the subject of Manhattan in the 1940s and 1950s. Community officials have demolished much of their old buildings to make room for today’s glitzy office towers in Lower Manhattan, which now include the World Trade Centre, which are now at the height of the urban regeneration movement. The Twin Towers and five buildings constructed in the 1970s forming the Nether Manhattan landscape before it was demolished at the time of terrorist attacks of 11 September 2001, was the World Trade Centre. A complex of two identical skycrapers (the Twin Towers).The site is currently being developed with a new World Trade Center complex, which is opening at the stage next to a massive museum and the 11th of September outside memorial.
