The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at 33 Liberty Street in Lower Manhattan, it is the largest, the most active, and the most influential of the Reserve Banks.
Lower Manhattan, also known as Downtown Manhattan or Downtown New York, is the southernmost part of Manhattan, the central borough of New York City. The neighborhood is the historical birthplace of New York City and for its first 225 years was the entirety of the city. Lower Manhattan serves as the seat of government of both Manhattan and the entire City of New York. Because there are no municipally defined boundaries for the neighborhood, a precise population cannot be quoted, but several sources have suggested that it was one of the fastest-growing locations in New York City between 2010 and 2020, related to the influx of young adults and significant development of new housing units.
Lower Manhattan, including Wall Street, anchoring New York City's role as the world's principal fintech and financial center, with One World Trade Center, the tallest skyscraper in the Western Hemisphere
New Amsterdam, centered in what eventually became Lower Manhattan, in 1664, the year England took control and renamed it New York
Cooper Union at Astor Place, one of Lower Manhattan's most storied buildings, where Abraham Lincoln gave his famed Cooper Union speech on February 27, 1860