![]() ![]() One can find companies such as Morgan Stanley, Citigroup, AIG, Conde Nast, Spotify, Group M, and JPMorgan Chase, among other large names, crunching numbers on Wall Street. The Financial District and Lower Manhattan comprise the nation’s fourth-largest central business district, trailing only Midtown, the Chicago Loop, and Washington, D.C. The corner of Wall Street and Broad Street is often considered the heart of the neighborhood. FiDi is loosely defined as the area south of City Hall and east of Battery Park and Battery Park City. The Financial District is located in Lower Manhattan and is surrounded by the West Side Highway, Chambers Street, Brooklyn Bridge, and City Hall Park. Almost half of residents hold a college degree, and more than 30 percent have a graduate degree as well. More than 48,000 people live in the Financial District, and the average household income is $191,807. However, gradually more restaurants and nightlife opportunities are opening up as the population increases. ![]() During the day, FiDi comes to life with thousands of young professionals commuting to the office, climbing the corporate ladder and tourists seeing the sights at night, it tends to become calm and quiet compared to other areas of New York City, since it is primarily a business center and tourist destination. More than 25 percent of working individuals in the Financial District work in finance or insurance. What Our Brokers Say About Financial District Office Space LifeBEAM, Sisense, Olo, and Namely all operate in the Financial District-and the list of tech companies with offices in the area is only growing as FiDi office spaces meet many of their requirements. For example, technology companies are moving from Midtown and other locations to FiDi in increasing numbers to take advantage of the cheaper rent and other perks and amenities. Because of the available office space inventory, accessibility via public transit, and low office space rental prices, the Financial District appeals as a location to a wide range of businesses inside and outside the financial services world. ![]() Additionally many startups and mature mid-size businesses reside in the commercial buildings of downtown Manhattan. The New York Stock Exchange (the world’s largest stock exchange by market capitalization) and the Federal Reserve Bank of New York are located in the area.įinancial services giants such as Goldman Sachs, Deutsche Bank and American Express to list a few, already work out of offices in the Financial District. Financial District office space houses a large number of New York City’s financial institutions–banks, insurance companies, and other large financial corporations. Located at the southern tip of Manhattan, the Financial District, nicknamed FiDi, is widely considered the world’s leading financial center. ![]()
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