Financial District, Manhattan

Financial District
The Financial District of Lower Manhattan, including Wall Street, is the world's principal financial and fintech center.[1]
The Financial District of Lower Manhattan, including Wall Street, is the world's principal financial and fintech center.[1]
Map
Location in New York City
Coordinates: 40°42′27″N 74°00′33″W / 40.70750°N 74.00917°W / 40.70750; -74.00917
Country United States
State New York
CityNew York City
BoroughManhattan
Community DistrictManhattan 1[2]
Area
 • Total1.17 km2 (0.453 sq mi)
Population
 (2011)
 • Total57,627
 • Density49,000/km2 (130,000/sq mi)
Economics
Time zoneUTC−5 (Eastern)
ZIP Codes
10004–10007, 10038
Area code212, 332, 646, and 917

The Financial District of Lower Manhattan, also known as FiDi,[3] 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 City of New York was created in the modern-day Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century.[4] The district 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. Anchored on Wall Street in the Financial District, New York City has been called both the leading financial center and the most economically powerful city of the world,[5][6] and the New York Stock Exchange is the world's largest stock exchange by total market capitalization.[7][8] 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 American Stock Exchange.

The Financial District is part of Manhattan Community District 1, and its primary ZIP Codes are 10004, 10005, 10006, 10007, and 10038.[2] It is patrolled by the 1st Precinct of the New York City Police Department.

  1. ^ Jones, Huw (March 24, 2022). "New York widens lead over London in top finance centres index". www.reuters.com. Archived from the original on June 11, 2022. Retrieved June 25, 2022.
  2. ^ a b "NYC Planning | Community Profiles". communityprofiles.planning.nyc.gov. New York City Department of City Planning. Archived from the original on March 20, 2019. Retrieved March 18, 2019.
  3. ^ Couzzo, Steve (April 25, 2007). "FiDi Soaring High". New York Post. Archived from the original on December 13, 2022. Retrieved December 3, 2014. The Financial District is over. So is the "Wall Street area." But say hello to FiDi, the coinage of major downtown landlord Kent Swig, who decided it's time to humanize the old F.D. with an easily remembered, fun-sounding acronym.
  4. ^ "Manhattan, New York – Some of the Most Expensive Real Estate in the World Overlooks Central Park". The Pinnacle List. Archived from the original on November 29, 2014. Retrieved November 24, 2014.
  5. ^ "The Global Financial Centres Index 34". Long Finance. September 28, 2023. Archived from the original on September 28, 2023. Retrieved September 28, 2023.
  6. ^ Richard Florida (March 3, 2015). "Sorry, London: New York Is the World's Most Economically Powerful City". Bloomberg.com. The Atlantic Monthly Group. Archived from the original on March 14, 2015. Retrieved March 25, 2015. Our new ranking puts the Big Apple firmly on top.
  7. ^ "2013 WFE Market Highlights" (PDF). World Federation of Exchanges. Archived from the original (PDF) on March 27, 2014. Retrieved March 25, 2015.
  8. ^ "NYSE Listings Directory". Archived from the original on July 19, 2008. Retrieved June 23, 2014.

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