Lower Manhattan in the context of "Manhattan"

A financial centre (financial center in American English) or financial hub is a location with a significant concentration of commerce in financial services.

The commercial activity that takes place in a financial centre may include banking, asset management, insurance, and provision of financial markets, with venues and supporting services for these activities. Participants can include financial intermediaries (such as banks and brokers), institutional investors (such as investment managers, pension funds, insurers, and hedge funds), and issuers (such as companies and governments). Trading activity often takes place on venues such as exchanges and involves clearing houses, although many transactions take place over-the-counter (OTC), directly between participants. Financial centres usually host companies that offer a wide range of financial services, for example relating to mergers and acquisitions, public offerings, or corporate actions; or which participate in other areas of finance, such as private equity, private debt, hedge funds, and reinsurance. Ancillary financial services include rating agencies, as well as provision of related professional services, particularly legal advice and accounting services.

Industry City (also Bush Terminal) is a historic intermodal shipping, warehousing, and manufacturing complex on the Upper New York Bay waterfront in the Sunset Park neighborhood of Brooklyn, New York City. The northern portion, named "Industry City", hosts over 650 office, industrial, creative and manufacturing tenants across 6,000,000 square feet (560,000 m) of space between 32nd and 41st Streets, and is operated by a private consortium including Jamestown LP. The southern portion, known as "Bush Terminal", is located between 40th and 51st Streets and is operated by the New York City Economic Development Corporation (NYCEDC) as a garment manufacturing complex.

Founded by Bush Terminal Company head Irving T. Bush in the early 20th century, Bush Terminal was the first facility of its kind in New York City and the largest multi-tenant industrial property in the United States. The warehouses were built between 1892 and 1910, the railroad from 1896 to 1915, and the factory lofts between 1905 and 1925. During World War I, Bush Terminal was used as a United States Navy base, and returned to private ownership after the war. At its peak, Bush Terminal covered 200 acres (81 hectares), bounded by Gowanus Bay to the west and north, Third Avenue to the east, 27th Street to the north, and 50th Street to 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. Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier fintech and financial center. The city is home to the New York Stock Exchange (NYSE, on Wall Street) and Nasdaq (headquartered in Times Square), the world's two largest stock exchanges by both market capitalization and trading activity.

New York City, with its center in Manhattan, is the world's leading center of banking, finance, and communication. Many of the world's largest corporations are headquartered in Manhattan. The borough contained over 500 million square feet (46.5 million m) of office space in 2015, making it the largest office market in the United States. Midtown Manhattan, with nearly 400 million square feet (37.2 million m) that same year, is the largest central business district in the world. New York City is distinctive for its high concentrations of advanced service sector firms in the law, accountancy, banking, and management consultancy fields. It is the top global center for the advertising industry, which is metonymously called "Madison Avenue". Silicon Alley, metonymous for New York's broad-spectrum high technology sphere, continues to expand.

New York City has been described as the cultural capital of the world. Its urban culture is reflected in its size and ethnic diversity. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. Many American cultural movements first emerged in the city. Large numbers of Irish, Italian, Jewish, Russian, and eventually African, Latino, and Asian Americans also migrated to New York throughout the 20th century and continuing into the 21st century, significantly influencing the city's culture and image. The city became the center of stand-up comedy in the early 20th century. The city was the top venue for jazz in the 1940s, expressionism in the 1950s and home to hip hop, punk rock, and the Beat Generation. Along with London's West End, New York City is the global center of musical theatre, often referred to as "Broadway" after the major thoroughfare in Manhattan. The Stonewall Inn in Greenwich Village, Lower Manhattan, is a designated U.S. National Historic Landmark and National Monument, as the site of the June 1969 Stonewall riots and the cradle of the modern gay rights movement.

The city is the birthplace of many cultural movements, including the Harlem Renaissance in literature and visual art; abstract expressionism (also known as the New York School) in painting; and hip hop, punk, salsa, freestyle, Tin Pan Alley, certain forms of jazz, and (along with Philadelphia) disco in music. New York has been considered the dance capital of the world. The city is also frequently the setting for novels, movies (see List of films set in New York City), and television programs. New York Fashion Week is one of the world's preeminent fashion events and is afforded extensive coverage by the media.New York has also frequently been ranked the top fashion capital of the world on the annual list compiled by the Global Language Monitor. Artists have been drawn into the city by opportunity, as the city government funds the arts with a larger annual budget than the National Endowment for the Arts, and New York is the center of the global art market, which grew up along with national and international media centers.

The government of New York City, headquartered at New York City Hall in Lower Manhattan, is organized under the New York City Charter and provides for a mayor-council system. The mayor is elected to a four-year term and is responsible for the administration of city government. The New York City Council is a unicameral body consisting of 51 members, each elected from a geographic district, normally for four-year terms. Primary elections for local offices use ranked choice voting, while general elections use plurality voting. All elected officials are subject to a two consecutive-term limit. The court system consists of two citywide courts and three statewide courts.

New York City's government employs approximately 330,000 people, more than any other city in the United States and more than any U.S. state but three: California, Texas, and New York. The city government is responsible for public education, correctional institutions, public safety, recreational facilities, sanitation, water supply, and welfare services.

New York City Hall is the seat of New York City government, located at the center of City Hall Park in the Civic Center area of Lower Manhattan, between Broadway, Park Row, and Chambers Street. Constructed from 1803 to 1812, the building is the oldest city hall in the United States that still houses its original governmental functions. The building houses the office of the Mayor of New York City and the chambers of the New York City Council. While the Mayor's Office is in the building, the staff of thirteen municipal agencies under mayoral control are located in the nearby Manhattan Municipal Building, one of the largest government buildings in the world, with many others housed in various buildings in the immediate vicinity.

New York City Hall is a National Historic Landmark and is listed on the National Register of Historic Places. The New York City Landmarks Preservation Commission designated both City Hall's exterior and interior as official city landmarks in 1966 and 1976, respectively.

The Stonewall Inn (also known as Stonewall) is a gay bar and recreational tavern at 53 Christopher Street in the Greenwich Village neighborhood of Lower Manhattan in New York City. It was the site of the 1969 Stonewall riots, which led to the gay liberation movement and the modern fight for LGBTQ rights in the United States. When the riots occurred, Stonewall was one of the relatively few gay bars in New York City. The original gay bar occupied two structures at 51–53 Christopher Street, which were built as horse stables in the 1840s.

The original Stonewall Inn was founded in 1930 as a speakeasy on Seventh Avenue South. It relocated in 1934 to Christopher Street, where it operated as a restaurant until 1966. Four mafiosos associated with the Genovese crime family bought the restaurant and reopened it as a gay bar in early 1967. The Stonewall Inn was a popular hangout for gay men, particularly for youth and those on the fringes of the gay community. Stonewall operated as a private club because it was not allowed to obtain a liquor license; police raided the bar frequently, in spite of bribes from the owners. The Stonewall riots of June 28 to July 3, 1969, took place following one such raid.