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48 Wall Street, formerly the Bank of New York & Trust Company Building, is a 32-story, 512-foot-tall (156 m) skyscraper on the corner of Wall Street and William Street in the Financial District of Lower Manhattan in New York City. Built in 1927–1929 in the Neo-Georgian and Colonial Revival styles, it was designed by Benjamin Wistar Morris.
The NYSE Building's trading floor was closed for two months in 2020 during the COVID-19 pandemic in New York City, but electronic trading continued throughout. [192] By the mid-2020s, The Wall Street Journal described the trading floor as being much quieter than in the 20th century, amid a trend of financial firms leaving the neighborhood. [193]
On January 11, 2008, the museum opened in a new location at 48 Wall Street, the former headquarters of the Bank of New York. [4] In 2018, their building experienced a flood and as of October 2022, they remain in search of a permanent home.
In 1817, the constitution of the New York Stock and Exchange Board is adopted. It had also been established by the New York brokers as a formal organization. [55] In 1863, the name changed to the New York Stock Exchange. In 1865, the New York Gold Exchange was acquired by the NYSE. [56] In 1867, stock tickers were first introduced. [57]
Exchange Place is a street in the Financial District of Lower Manhattan, New York City. The street runs five blocks between Trinity Place in the west and Hanover Street in the east. [1] Exchange Place was created by 1657 as part of the street plan for the Dutch colony of New Amsterdam (modern-day Lower Manhattan), as recorded in the Castello ...
An additional estimate from 2007 by Steve Malanga of the Manhattan Institute was that the securities industry accounts for 4.7 percent of the jobs in New York City but 20.7 percent of its wages, and he estimated there were 175,000 securities-industries jobs in New York (both Wall Street area and midtown) paying an average of $350,000 annually. [20]
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Bank of New York Building (48 Wall Street) - also a New York City Landmark; Merchants Exchange Building (55 Wall Street) - also a New York City Landmark; Wall and Hanover Building (63 Wall Street) Two further buildings within the Wall Street Historic District are individually listed on the New York State Register of Historic Places, but not the ...