Broad Street (Manhattan)
Encyclopedia
Broad Street is located in the Financial District in the New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

 borough
Borough (New York City)
New York City, one of the largest cities in the world, is composed of five boroughs. Each borough now has the same boundaries as the county it is in. County governments were dissolved when the city consolidated in 1898, along with all city, town, and village governments within each county...

 of Manhattan
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...

, stretching from South Street
South Street (Manhattan)
South Street is a street in Lower Manhattan, New York City, located immediately adjacent to the East River.It runs from Whitehall Street near the southern tip of Manhattan to Jackson Street near the Williamsburg Bridge. The Franklin D...

 to Wall Street
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

.

History

Broad Street was named for the Broad Canal, which it replaced. Originally an inlet from the East River
East River
The East River is a tidal strait in New York City. It connects Upper New York Bay on its south end to Long Island Sound on its north end. It separates Long Island from the island of Manhattan and the Bronx on the North American mainland...

, the canal was flanked by two solid ranks of three-story houses, the paths in front of which were paved in 1676. The canal was filled in 1676 because fruit and vegetable vendors, including Native Americans who came by canoe from Long Island
Long Island
Long Island is an island located in the southeast part of the U.S. state of New York, just east of Manhattan. Stretching northeast into the Atlantic Ocean, Long Island contains four counties, two of which are boroughs of New York City , and two of which are mainly suburban...

, left the area littered, and fewer and fewer water craft were small enough to use the canal.

The Broad Canal was the original Manhattan landing of the first ferry between Manhattan and Brooklyn
Brooklyn
Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...

, later the Fulton Ferry
Fulton Ferry (ferry)
The Fulton Ferry was the first ferry route connecting Manhattan and Brooklyn, New York City, United States, joining Fulton Street and Fulton Street across the East River...

.

The street saw a lot of change as the centuries progressed from Dutch to British rule and finally independent America. Among the tenants of Broad Street in the 18th century was bookseller Garrat Noel
Garrat Noel
Garrat Noel was a bookseller and educator in New York, New York, in the 18th century. He emigrated from Cadiz in 1750. In 1751 he worked as a "teacher of the Spanish tongue ... also ... reading, writing, arithmetick and merchants accompts." By 1752 he kept a shop on Broad Street, and in 1753 on...

. The 1835 Great Fire of New York
Great Fire of New York
The Great New York Fire was a conflagration that destroyed the New York Stock Exchange and most of the buildings on the southeast tip of Manhattan around Wall Street on December 16–17, 1835....

 destroyed whatever historical buildings were left from the early times of New Amsterdam/New York. As the area became the center of financial activity, all smaller buildings in turn were replaced with grand banks. Most of the structures that stand today date from the turn of the 20th century, alongside with more modern buildings constructed after the 1950s.

Description

At the corner of Broad and Wall, there is the Broad Street
Broad Street (BMT Nassau Street Line)
Broad Street is a station on the BMT Nassau Street Line of the New York City Subway located at the intersection of Broad and Wall Streets in the Financial District of Manhattan....

 station ( trains) on the BMT Nassau Street Line
BMT Nassau Street Line
The BMT Nassau Street Line is a rapid transit line of the B Division of the New York City Subway system in Manhattan. It is served by the and trains which are colored brown on maps and signage...

 of the New York City Subway
New York City Subway
The New York City Subway is a rapid transit system owned by the City of New York and leased to the New York City Transit Authority, a subsidiary agency of the Metropolitan Transportation Authority and also known as MTA New York City Transit...

. North of Wall Street, Broad street is continued by Nassau Street
Nassau Street (Manhattan)
Nassau Street is a street in the Financial District of the New York City borough of Manhattan, located near Pace University and New York City Hall. It starts at Wall Street and runs north to Frankfort Street at the foot of the Brooklyn Bridge, lying one block east of Broadway and east of Park Row...

.

The famous neo-Roman facade of the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...

 and main entrance is located on 18 Broad Street. Opposite to it is the former J.P. Morgan headquarters 23 Wall Street
23 Wall Street
23 Wall Street or "The Corner" is an office building formerly owned by J.P. Morgan & Co. located at the southeast corner of Wall Street and Broad Street, in the heart of New York City's Financial District....

 and 15 Broad Street
15 Broad Street
15 Broad Street is a former office building now containing luxury apartments, and located on the northeast corner of Exchange Place with entrances at 51 Exchange Place and 37 Wall Street in New York City...

, which has been converted into a luxury condominium
Condominium
A condominium, or condo, is the form of housing tenure and other real property where a specified part of a piece of real estate is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights...

. Other buildings of note are the Broad Exchange Building
Broad Exchange Building
The Broad Exchange Building is located at 25 Broad Street, Manhattan, New York within the Financial District.- History :It was built in 1900 to provide office space for financial companies including Paine Webber. It was remortgaged in 1909 for USD$3.5m....

 at number 25 and the American Bank Note Company Building
American Bank Note Company Building
The American Bank Note Company Building is a historical granite structure located at 70 Broad Street, New York, New York .- History :...

at number 70.

External links

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