Economy
Lower Manhattan is the fourth largest business district in the United States, after Midtown Manhattan, the Chicago Loop, and Washington, D.C., and will regain the title of 3rd after the completion of 1 World Trade Center, and the three other skyscrapers at the site.
55 Water Street houses the headquarters of EmblemHealth and Standard & Poor's. HIP Health Plan of New York, which became a part of EmblemHealth, moved there with 2,000 employees in October 2004. It was the largest corporate relocation in downtown Manhattan following the September 11 attacks.
The headquarters of AOL are located at 770 Broadway. At 200 West Street, the investment banking company Goldman Sachs has finished construction of their world headquarters. The headquarters of Verizon Communications are located at 140 West Street. The headquarters of Ambac Financial Group are in Lower Manhattan. The headquarters of PR Newswire are in Lower Manhattan. Nielsen Company and subsidiary Nielsen Media Research have their headquarters in Lower Manhattan.
Prior to the September 11 attacks, One World Trade Center served as the headquarters of Cantor Fitzgerald. Prior to its dissolution, the headquarters of US Helicopter were in Lower Manhattan. When Hi Tech Expressions existed, its headquarters were in Lower Manhattan.
Read more about this topic: Lower Manhattan
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)