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geo. loc.
The southernmost neighborhood of the borough of Manhattan. Coterminous with the New Amsterdam settlement of the late 17th century, the Financial District roughly encompasses the area south of City Hall Park, excluding Battery Park and Battery Park City. So called because it is home to some of the largest financial institutions in the world, including the New York Stock Exchange (NYSE) and Federal Reserve.
In the years since 9/11, in light of its historic scenary, high-rises views, and proximity to Soho, Tribeca, Chinatown and DUMBO, the Financial District has become a sought-after real estate investment for the young and upwardly mobile of New York City.
by IanNYC July 05, 2006
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