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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.
The Financial District of Lower Manhattan, also known as FiDi, [4] 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.
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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]
The New York City Landmarks Preservation Commission wrote in its landmark report that "the expanded Curb stood out for its height and modernity", comparing it to other stock exchange buildings, such as the classical designs of the older Merchant's Exchange at 55 Wall Street and the New York Mercantile Exchange at 6 Harrison Street. [11]
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 ...