News Clip: After 9/11, Financial District Less Dominated By Finance

09/09/2011 in

The Huffington Post

The Financial District has transformed in the decade since the terrorist attacks of Sept. 11, 2001, which initially turned the downtown area into a scene of devastation and turmoil. New businesses and residents have moved in, imbuing a neighborhood once dominated by finance with a new measure of diversity.  From 2002 to 2010, the share of workers downtown employed in finance, insurance and real estate dropped from 33 percent to 28 percent, according to data from the Alliance for Downtown New York.

In name, the neighborhood is still the Financial District.  But experts say the city’s financial center of gravity has moved elsewhere.

Related articles

Four Eggs Prepared for Hatching At Water Street Falcon's Nest
Four Eggs Prepared for Hatching At Water Street Falcon's Nest

Uplifting news while everyone continues refreshing their screens for the next available...

Flag Buffs Will Delight At Fraunces Tavern Museum’s Two New Exhibitions
Flag Buffs Will Delight At Fraunces Tavern Museum’s Two New Exhibitions

History nerds, mark your calendars: On Friday, April 2, Fraunces Tavern Museum debuts two...

How To Celebrate The Holidays In Lower Manhattan
How To Celebrate The Holidays In Lower Manhattan

Without the usual festive parties, family get-togethers and packed shopping streets,...

Tags