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Lower Manhattan is the southernmost part of the island of was equivalent to the office space in the entire city of Cincinnati in 2001. It is expected that Downtown will regain its third place ranking after the construction of the Freedom Tower , which is expected to yield close to the original center's square footage of rentable commercial space, and the construction of financial firm Goldman Sachs ' new headquarters. , 2006 .]] HISTORY .]] The Dutch established the first European settlements in Manhattan, which were located at the lower end of the island.1 The first fort was built at the Battery to protect New Netherland . In 1771, Bear Market was established along the Hudson shore on land donated by Trinity Church, and replaced by Washington Market in 1813.2 Washington Market was located between Barclay and Hubert Streets, and from Greenwich to West Street.3 Throughout the 1900's and 20's the area experienced a construction boom, towers such as 40 Wall Street , American International Building , Woolworth Building , and 20 Exchange Place were completed in the 1900's and 30's. At the end of the 1950s, Lower Manhattan had become economically depressed, in comparison with Midtown Manhattan which was booming. 1976 .]] In the 1950s, a few new buildings were constructed in Lower Manhattan, including an 11-story building at 156 William Street in 1955.4 A 27-story office building at 20 Broad Street, a 12-story building at 80 Pine Street, a 26-story building at 123 William Street, and a few others were built in 1957. David Rockefeller spearheaded widespread Urban Renewal efforts in Lower Manhattan, beginning with construction One Chase Manhattan Plaza , the new headquarters for his bank. He established the Downtown-Lower Manhattan Association (DLMA) which drew up plans for broader revitalization of Lower Manhattan, with the development of a World Trade Center at the heart of these plans. The original DLMA plans called for the "world trade center" to be built along the East River , between Old Slip and Fulton Street . After negotiations with New Jersey Governor Richard J. Hughes , the Port Authority ended up deciding to build the World Trade Center on a site along the Hudson River and the West Side Highway , rather than the East River site. .]] Through much of its history, the downtown area was mainly a commercial district, with a small population of residents. In 1960, there were approximately 4,000 residents living downtown.5 Construction of Battery Park City brought in many new residents to Lower Manhattan. The Complex started construction in the 1980s from landfill from construction of the World Trade Center . The Gateway Plaza, the first complex to be completed in Battery Park City was completed in 1983 . The World Financial Center was the main centerpiece of the project, consisting of four luxurious highrise towers. By the turn of the century, Battery Park City was mostly completed, with the exception of some ongoing construction on West Street. By the late 90's and early 2000s Lower Manhattan was fully developed and reached its highest population of business tenants and residents. Historic sites 2001 .]] The area contains many old and historic building and sites, including Castle Garden , originally the fort Castle Clinton , Bowling Green , the old United States Customs House , now the National Museum Of The American Indian , Federal Hall , where George Washington was Inaugurated as the first U.S. President , Fraunces Tavern , New York City Hall , the New York Stock Exchange , renovated original mercantile buildings of the South Street Seaport (and a modern tourist building), the Fulton Fish Market , the Brooklyn Bridge , South Ferry , embarkation point for the Staten Island Ferry and ferries to Liberty Island and Ellis Island , and Trinity Church . Lower Manhattan is home to some of New York City's most spectacular skyscrapers, including the Woolworth Building , 40 Wall Street (also known as the Trump Building), the Standard Oil Building , and the American International Building . CARDINAL DIRECTIONS IN MANHATTAN See Also: Downtown , looking North . From the nearby Marriott World Financial Center .]] "Downtown Manhattan" has different meanings to different people, especially depending on where in New York City they reside. Generally speaking, it refers, like Lower Manhattan, to the area of Manhattan south of Canal Street . With this definition, it would refer to the neighborhoods of the Financial District , Battery Park City , TriBeCa , and most of Chinatown . Sometimes areas north of Canal Street, including SoHo and Greenwich Village , up to 14th Street are also considered part of "Downtown". Many people (especially when talking about business matters) would use the term ''Downtown Manhattan'' to refer only to the Financial District and the businesses located there. This area is also the earliest area of New York City settled by Europeans, and it is one of the few areas of Manhattan where the street Grid System in not strictly regular. The area of the World Trade Center is also within Downtown Manhattan. EDUCATION Higher education ]]
Elementary/secondary education The New York City Department Of Education operates New York City's public schools. Manhattan residents living south of Chambers Street are zoned to either P.S. 234 Independence School or P.S. 89 . All of the residents are zoned to Simon Baruch Middle School 104 . There is no high school zoning. Nearby high schools include: (South of Chambers)
(North or East of Chambers)
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