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An additional estimate from 2007 by Steve Malanga of the Manhattan Institute was that the securities industry accounts for 4.7 percent of the jobs in New York City but 20.7 percent of its wages, and he estimated there were 175,000 securities-industries jobs in New York (both Wall Street area and midtown) paying an average of $350,000 annually. [20]
The Wall Street Historic District in New York City includes part of Wall Street and parts of nearby streets in the Financial District in Lower Manhattan. It includes 65 contributing buildings and one contributing structure over a 63-acre (25 ha) listed area.
Downtown Jersey City 's waterfront, located on the Hudson River, is dubbed Wall Street West. [1]Wall Street West is a name used by real estate developers, city officials, and news media in the United States [2] to call particular streets or places west of Manhattan, New York City that have a high concentration of Wall Street financial companies or a major exchange.
The first steam ferry service in New York Harbor and the world was established in 1812 by Robert Livingston (1746-1813) and Robert Fulton and traveled between Paulus Hook and Cortlandt Street in Manhattan. [7] The ferry dock stood at the head of the important highway to Newark (and points west and south) established in 1795. [8]
The New York Stock Exchange (NYSE) Building is in the Financial District of Lower Manhattan, occupying the city block between Broad Street to the east, Wall Street to the north, New Street to the west, and Exchange Place to the south. [5] The lot has a total area of 31,350 square feet (2,913 m 2). [6]
The New York metropolitan area is the geographic and demographic hub of the larger Northeast megalopolis. The New York metropolitan area is the most populous metropolitan statistical area in the United States with 20.1 million residents, or slightly over 6% of the nation's total population, as of 2020. [8]
The Financial District of Lower Manhattan, also known as FiDi, [4] is a neighborhood located on the southern tip of Manhattan in New York City.It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south.
The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2023, the New York City Metropolitan Area generated a GMP of US$2.299 trillion. [5] Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center.