Everything about Financial District Manhattan totally explained
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
American Stock Exchange. The neighborhood was anchored by the
World Trade Center until the
September 11, 2001 terrorist attacks. The neighborhood is roughly coterminous with the boundaries of the
New Amsterdam settlement in the late 17th century and has a residential population of about 30,000. 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.
The neighborhood is considered to be primarily a destination for daytime traders and office workers from around New York City and the surrounding areas. The neighborhood has a growing number of full-time residents, with estimates made in 2005 showing that there were approximately 30,000 people living in the area, a jump from the 15 to 20 thousand living there before September 11th.
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