Posts Tagged “Financial”
The Financial District of New York City (sometimes called FiDi) 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 World Trade Center existed in the neighborhood until the September 11 attacks and is currently being rebuilt. The neighborhood roughly overlaps the boundaries of the New Amsterdam settlement in the late 17th century and has a residential population of about 56,000. 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 and Battery Park City. The heart of the Financial District is often considered to be the corner of Wall Street and Broad Street, both of which are contained entirely within the district.
Federal Hall National Memorial, on the site of the first US Capitol and the inauguration of George Washington as the first President of the United States, is located at the corner of Wall Street and Nassau Street.
It also has a growing number of tourist attractions such as the adjacent South Street Seaport Historic District, New York City Police Museum, and Museum of American Finance. Bowling Green is the starting point of traditional ticker-tape parades on Broadway, where here it is also known as the Canyon of Heroes. The Museum of Jewish Heritage and the Skyscraper Museum are both in adjacent Battery Park City which is also home to the World Financial Center.
Although the term is sometimes used as a synonym for “Wall Street”, the latter term is often applied metonymously to the financial markets as a whole, whereas “the Financial District” implies an actual geographical location. According to City of New York official data, the neighborhood is named Wall Street.
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