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The Financial District (Manhattan)

Financial District
Neighborhood in Manhattan
The Financial District of Lower Manhattan viewed from New York Harbor, near the Statue of Liberty, October 2013
The Financial District of Lower Manhattan viewed from New York Harbor, near the Statue of Liberty, October 2013
Country United States
State New York
City New York City
Borough Manhattan
Population (2010)
 • Total 60,976

Coordinates: 40°42′27″N 74°00′40″W / 40.707499°N 74.011153°W / 40.707499; -74.011153

The Financial District, also known as FiDi, is a neighborhood located at the southern tip of the borough of Manhattan in New York City, which comprises the offices and headquarters of many of the city's major financial institutions, including the and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's by total market capitalization. Several other major exchanges have or had headquarters in the Financial District, including the New York Mercantile Exchange, NASDAQ, the New York Board of Trade, and the former .

The neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The Financial District has witnessed growth in its population to approximately 43,000 as of 2014, nearly double the 23,000 recorded at the 2000 Census.

The Financial District encompasses roughly the area south of City Hall Park in Lower Manhattan but excludes Battery Park and Battery Park City. The former World Trade Center complex was located in the neighborhood until the September 11 attacks; the neighborhood includes the successor One World Trade Center. 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. The northeastern part of the financial district (along Fulton Street and John Street) was known in the early 20th century as the Insurance District, due to the large number of insurance companies that were either headquartered there, or maintained their New York offices there.


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