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Manhattan Notes -
Neighborhood Profiles
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Tuesday, 30 November 1999 00:00 |
The Financial District, home to Wall Street and synonymous with the world's financial center, has seen a steady increase in it's residential population. Once the primary district of the city, the neighborhood at night was rather ghostly as everyone headed home after the closing bell. With the opening of shops and restaurants, the area has become a genuine neighborhood in New York.
Located at the southernmost tip of Manhattan, the Finacial District covers everything below Chinatown and Tribeca. The heart of the district is often considered to be at the corner of Wall Street and Broad and this is where the NY Stock Exchange and the city's major financial institutions have their headquarters.
In typical NY style, numerous office buildings have been converted into luxurious residential buildings that provide hotel like features such as doorman and private gyms. Investment bankers and stock brokers enjoy the convenience of walking to work and enjoying a night life without the hassle of mass transit.
Life in the Financial District is enhanced by the South Street Seaport with its waterfront shops and restaurants. It also holds open air concerts in the summer. Catering to the financial crowd, Giovanni's Atrium, a established high end restaurant is among the fine dining available.
Because of it's location that offers views of Manhattan from almost every angle and post 9/11 rent subsidies, the Financial District contiues to see a growth in the residential population.
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