Living near Wall Street in the Financial District
More and more people are choosing to rent apartments near Wall Street in Manhattan's Financial District. This neighborhood encompasses everything south of City Hall Park, except for Battery Park City and Battery Park. Here, you'll find the New York Stock Exchange, the Federal Reserve Bank, and the site of the World Trade Center. It's booming with businesspeople during the day, but at night residents choose to remain, keeping the quiet, cobblestoned streets to themselves.
The Financial District roughly overlaps the original settlement of New Amsterdam, the late 17th century Dutch colony that became New York. The area has long served as a center of finance. Way back in 1889, the Customers' Afternoon Letter stock report changed its name to The Wall Street Journal. Few people lived in the area until recently, though. In 1996, many empty buildings and warehouses were turned residential. The terrorist attacks of September 11, 2001 further spurred development. Now, there are about 24,000 people living down near Wall Street.
Wall Street Lifestyle and Entertainment
As offices gave way to apartments, the Financial District adapted to serve. The area is a bonanza of lunchtime restaurants and dinner is doable as well. Adrienne's Pizzabar is an example one of the family businesses in the neighborhood. Delmonico's claims to be the first restaurant in America to allow patrons to choose off a menu. While evenings and weekends are calm, you can still find a place to get a drink. Among them is the Bridge Café, one of New York's oldest bars.
Shopping is also getting easier around Wall Street. Several groceries, dry cleaners, and other essential services do business here. The South Street Seaport is full of shops and has an indoor mall. There's a Century 21 department store on Cortlandt Street, a Borders Bookstore nearby, and even a Hermes boutique. Good parks and open-air plazas are scattered around. Vietnam Veterans Park is in the southeast. At the end of Broadway is Bowling Green, where ticker-tape parades start. Zuccotti Park, of Occupy Wall Street fame, is here as well.
Wall Street Info and the Rental Market
Wall Street's full-time residents are drawn to the neighborhood's great apartment options and reasonable prices. Studios here average $2,200 without a doorman or $2,690 with one. Most residences are luxury apartments or condos that have been converted from office space. Because many people who live in the area also work here, locals tend to be young, high-income singles and couples. You'll find few children in the Financial District.
Transportation from the neighborhood is excellent. You can catch a ferry to Staten Island, New Jersey, or even out to the Statue of Liberty. A web of subway lines runs uptown and over to Brooklyn. During the day, however, traffic can get congested.
Wall Street Resources
Wall Street is a major tourist destination. Federal Hall National Memorial marks the site of the first US Capital and George Washington's inauguration in 1789. Besides the institutions of Wall Street itself, there's the New York City Police Museum and the Museum of American Finance. The 9/11 Memorial is open now and the museum will open in fall of 2012. There's a public library near City Hall and a few schools, too. The Financial District is in Manhattan Community District 1.
Wall Street Zip Codes
Zip codes serving Wall Street are 10005, 10006, 10007, and 10038.