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Manhattan, New York

The Island of New York

Geography and Climate

The Island of New York, commonly referred to as Manhattan, is a borough located at the southern tip of New York State in the northeastern United States.

Geographically, Manhattan is an island situated between the Hudson River to the west and the East River to the east, with Long Island Sound to the south and the Harlem River to the north.

The island is approximately 13.4 miles (21.6 km) long and varies in width from 0.7 to 2.3 miles (1.1 to 3.7 km), with a total area of around 23 square miles (59.5 sq km).

Manhattan’s terrain is generally flat, with some hills and valleys, particularly in the northern part of the island.

The island’s bedrock is primarily composed of Manhattan Schist, a type of metamorphic rock that dates back over 3 billion years.

The climate in Manhattan is temperate, with cold winters and warm summers. The average temperature in January, the coldest month, is around 26°F (-3°C), while the average temperature in July, the warmest month, is approximately 84°F (29°C).

Manhattan receives an average annual rainfall of around 46 inches (117 cm) and experiences a moderate snowfall of about 25 inches (63.5 cm) per year.

The island’s geography and climate have shaped its ecosystems, which include a diverse array of plant and animal species.

Some notable features on the island include Central Park, the largest public park in Manhattan, as well as numerous parks, gardens, and green spaces throughout the borough.

Manhattan’s unique blend of geography and climate has made it an attractive location for human habitation for thousands of years.

The Lenape Native American tribe was the first known group to inhabit the island, followed by European settlers in the 17th century.

Today, Manhattan is a thriving metropolis with a rich history, vibrant culture, and diverse population.

The island’s geography and climate continue to shape its development and growth, making it one of the world’s most unique and fascinating urban environments.

Manhattan is an island located in the state of New York, USA. It has a total area of 59 square kilometers.

Located at the southernmost tip of the state of New York, Manhattan Island is one of the most iconic and densely populated urban areas in the world.

The island has a total area of 59 square kilometers (22.8 sq mi) and is situated between the East River and the Hudson River.

Manhattan is part of the five boroughs that make up New York City, along with Brooklyn, Queens, The Bronx, and Staten Island.

The island has a diverse geography, featuring numerous parks, public squares, waterfront areas, and iconic landmarks such as Central Park, Times Square, and Rockefeller Center.

Manhattan is also home to many world-renowned institutions, including Columbia University, New York University (NYU), and the New York Public Library system.

The island has a rich history dating back to the early 17th century, with the Lenape Native American tribe being the first known inhabitants of the area.

Manhattan was later colonized by the Dutch in 1626, who established a settlement and traded extensively with other European powers.

In 1664, the English took control of Manhattan from the Dutch and renamed it New York, after the Duke of York (later King James II).

Today, Manhattan is a global hub for finance, media, art, fashion, and entertainment, attracting millions of tourists and business visitors each year.

According to the National Oceanic and Atmospheric Administration (NOAA), Manhattan experiences a humid subtropical climate, with cold winters and warm summers.

The Island of New York, commonly referred to as Manhattan, is the most populous borough of New York City. Located at the southern tip of the state of New York, Manhattan is a geographically small but densely populated island surrounded by three major rivers: the Hudson River to the west, the East River to the east, and the Harlem River to the north.

The name “Manhattan” comes from the Lenape Native American tribe’s word “Mannahatta,” meaning “land of many hills.” Manhattan is home to some of the most iconic landmarks in the world, including Times Square, Central Park, and the Empire State Building. The borough is also known for its diverse neighborhoods, such as Chinatown, Little Italy, and Greenwich Village.

According to the National Oceanic and Atmospheric Administration (NOAA), Manhattan experiences a humid subtropical climate, with cold winters and warm summers. In winter, temperatures can drop below freezing, with average lows ranging from 24°F (-4°C) in January to 34°F (1°C) in February.

During the summer months, June through September, temperatures often soar above 80°F (27°C), with average highs reaching the mid-80s (29°C). The city experiences a moderate amount of precipitation throughout the year, with an average annual rainfall of around 40 inches (1,000 mm).

Manhattan’s unique geography and climate create a distinct urban environment. The island is primarily composed of dense, high-rise buildings, parks, and public spaces that provide respite from the bustling streets. Despite its reputation for being a concrete jungle, Manhattan has an incredible array of green spaces, including Central Park, Prospect Park, and the High Line.

The city’s infrastructure supports an extensive network of subways, buses, bike lanes, and pedestrian-friendly areas, making it easy to navigate and get around the island. Visitors from all over the world flock to Manhattan to experience its diverse culture, rich history, and vibrant arts scene, which is reflected in its countless museums, galleries, theaters, and music venues.

From iconic skyscrapers like One World Trade Center to historic neighborhoods like Little Italy and Chinatown, Manhattan’s dynamic energy is palpable. Whether you’re a foodie, a fashionista, or an art lover, there’s something for everyone in this incredible island that never sleeps.

The Economy

Financial Center

The economy in Manhattan, New York is one of the most dynamic and diverse in the world, driven by its status as a global financial center.

The city’s iconic Financial District, located on Wall Street, is home to many of the world’s largest financial institutions, including banks, investment firms, and stock exchanges.

The New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), and Nasdaq are all headquartered in Manhattan, making it one of the most important hubs for international finance.

The city’s financial sector is also driven by its status as a major hub for private equity, venture capital, and hedge funds, with many top firms having offices in Manhattan.

Manhattan’s economy is also driven by other key sectors, including retail, tourism, media, advertising, fashion, and entertainment, which contribute significantly to the city’s GDP.

The city’s strong education system, including prestigious universities such as Columbia University and New York University (NYU), provides a highly skilled workforce that supports many of these industries.

The Port Authority of New York and New Jersey, which operates the major transportation hubs in the region, including John F. Kennedy International Airport (JFK) and LaGuardia Airport (LGA), also plays an important role in supporting the city’s economy.

The city’s extensive network of highways, tunnels, and bridges provides easy access to other parts of the country and world, making it a key hub for international trade and commerce.

Additionally, Manhattan is home to many of the world’s top companies, including Goldman Sachs, JPMorgan Chase, Citigroup, and BlackRock, among others, which provide significant economic activity and employment opportunities in the city.

The city’s strong entrepreneurial spirit, particularly in the startup sector, is also supported by a range of resources, including accelerators, incubators, and coworking spaces, which help to foster innovation and growth.

Manhattan is home to many of the world’s largest financial institutions, including Wall Street and the New York Stock Exchange (NYSE).

The economy of Manhattan, New York, is a global hub for finance and trade, with Wall Street being one of its most iconic symbols.

The New York Stock Exchange (NYSE), also located in Manhattan, is the world’s largest stock exchange by total market capitalization of listed companies.

Many of the world’s largest financial institutions have their headquarters or major operations in Manhattan, including investment banks such as Goldman Sachs and Morgan Stanley, asset management firms like BlackRock and State Street Global Advisors, and insurance companies such as MetLife and AIG.

The presence of these financial institutions has contributed significantly to Manhattan’s economy, making it one of the most financially powerful cities in the world.

The city’s economic influence extends far beyond its borders, with many multinational corporations having operations or headquarters in Manhattan.

The financial sector is also a major source of employment for Manhattan residents, with thousands of jobs available in areas such as finance, accounting, and financial analysis.

Additionally, the financial industry has contributed to the development of other industries in Manhattan, including technology, healthcare, and tourism, making it one of the most diverse economies in the world.

Main Economic Sectors in Manhattan:

  1. Finance and Insurance: Wall Street, NYSE, investment banks, asset management firms, insurance companies
  2. Real Estate: Office buildings, residential apartments, commercial property development
  3. Tourism and Hospitality: Hotels, restaurants, retail stores, cultural attractions
  4. Technology and Healthcare: Biotech firms, pharmaceutical companies, software developers, IT services

Economic Impact:

The economy of Manhattan has a significant impact on the city’s residents, businesses, and government.

  • Creats jobs**: Thousands of employment opportunities in finance, accounting, and financial analysis
  • Boosts revenue**: High sales tax, property taxes, and business profits contribute to the city’s coffers
  • Diversifies industries**: Encourages the development of other sectors such as technology, healthcare, and tourism
  • Influences global economy**: Manhattan is a hub for international trade and finance, impacting global economic trends.

According to a study by the Federal Reserve Bank of New York, in 2020, Manhattan accounted for over $2 trillion in annual economic activity.

The economy of Manhattan, New York is a vibrant and dynamic entity that plays a significant role in the global economy. According to a study by the Federal Reserve Bank of New York, in 2020, Manhattan accounted for over $2 trillion in annual economic activity.

This staggering figure reflects the borough’s position as a global hub for finance, commerce, tourism, and culture. Manhattan is home to Wall Street, the New York Stock Exchange (NYSE), and the Federal Reserve Bank of New York, making it one of the world’s leading financial centers.

The borough’s economy is driven by a diverse range of industries, including finance, law, media, entertainment, healthcare, education, and technology. Manhattan is also a major center for international trade, with many multinational corporations having operations in the area.

The city’s iconic skyscrapers, such as the Empire State Building and the Chrysler Building, are not only symbols of New York City’s engineering prowess but also represent the borough’s status as a global economic leader. The high-rise buildings that dominate Manhattan’s skyline serve as a testament to its position as one of the world’s premier business destinations.

The study by the Federal Reserve Bank of New York highlights the significant contributions of various sectors to Manhattan’s economy, including:

– Finance and banking: $433 billion in annual economic activity

– Law and accounting: $234 billion

– Media and entertainment: $184 billion

– Healthcare and biotechnology: $134 billion

– Education: $123 billion

– Tourism: $102 billion

The study’s findings demonstrate the breadth and depth of Manhattan’s economy, which is fueled by its diverse industries, world-class infrastructure, and highly skilled workforce.

Overall, the economic impact of Manhattan is substantial, making it one of the most important centers for business and finance in the United States. The borough continues to play a pivotal role in driving global economic growth, innovation, and trade.

History

Colonial Era

The colonial era in Manhattan, New York, was a pivotal period in American history that spanned over three centuries, from the early 17th century to the late 18th century. During this time, the island of Manhattan, which was originally inhabited by the Lenape Native American tribe, underwent significant transformations due to European colonization.

The first European explorer to arrive on Manhattan Island was Giovanni da Verrazzano in 1524, a Florentine navigator working for King Francis I of France. However, it was Henry Hudson, an English explorer employed by the Dutch East India Company, who led the first permanent European settlement on Manhattan in 1609.

The Dutch established a trading post on Lower Manhattan, which they called “Nieuw-Amsterdam” (New Amsterdam). Peter Minuit, the director-general of the colony, purchased the island from the Lenape tribe for $24 worth of goods and trinkets. The city quickly grew into a thriving commercial center with a diverse population of Dutch, English, French, and Africans.

Under Dutch rule, Manhattan became an important hub of trade and commerce, with a strong focus on fur trading and shipbuilding. The colony also developed its own system of governance, laws, and culture, which reflected the values and traditions of the Dutch people.

In 1664, the British took control of New Amsterdam from the Dutch, renaming it “New York” after Prince James, Duke of York (later King James II). During this period, Manhattan experienced significant growth, with many English colonists settling on the island. The British also imposed their own system of government and laws on the colony.

The colonial era in Manhattan came to an end during the American Revolution, when the Continental Army, led by General George Washington, captured the city from the British in 1776. After gaining independence, the United States became a sovereign nation, and New York City, including Manhattan, emerged as one of its most important urban centers.

The legacy of the colonial era in Manhattan is still evident today in the city’s architecture, culture, and geography. Many historic buildings from this period remain standing, such as Stuyvesant’s house, which dates back to 1650, and Trinity Church, a beautiful parish church that was completed in 1766.

The colonial era also left behind a rich cultural heritage, including the traditions of its Native American inhabitants, European colonizers, and African slaves. This diverse cultural past continues to influence the city’s identity and inform its ongoing development.

The area now known as Manhattan was originally inhabited by the Lenape Native American tribe.

The area now known as Manhattan was originally inhabited by the Lenape Native American tribe, also known as the Delaware Indians. The Lenape had lived in this region for thousands of years, long before the arrival of European colonizers.

The Lenape were a semi-nomadic people who subsisted on hunting, gathering, and fishing. They lived in small villages along the coastlines and rivers, and their diet consisted mainly of seafood, wild game, and plants.

The Lenape had a complex society with a system of governance that included councils of elders and a spiritual leader known as the “Sachem.” They were skilled hunters and warriors, but also valued peace and cooperation, often settling disputes through mediation.

The arrival of European colonizers in the early 17th century marked the beginning of significant changes for the Lenape. The Dutch West India Company established a trading post on Manhattan Island in 1624, which led to an influx of settlers and a shift in the balance of power between the Lenape and the Europeans.

The Lenape were forcibly removed from their land, and many died from diseases introduced by the Europeans to which they had no immunity. The remaining Lenape were eventually confined to reservations, where they faced poverty, hunger, and other forms of oppression.

Today, there are still some members of the Lenape tribe living in New York City, but their numbers have been greatly reduced due to historical trauma and forced assimilation.

The legacy of the Lenape continues to be felt in the city of Manhattan. Many streets and landmarks bear names that reflect the tribe’s presence, such as Lenape Hill and Indian Point.

Efforts are being made by city officials and local organizations to preserve the history and culture of the Lenape, including the establishment of a Lenape Cultural Center and the creation of public art installations that honor the tribe’s contributions to the city.

**Timeline:**

  1. The Lenape Native American tribe inhabits the area now known as Manhattan for thousands of years.

  2. The Dutch West India Company establishes a trading post on Manhattan Island in 1624.

  3. The Lenape are forcibly removed from their land, and many die from diseases introduced by Europeans.

  4. The remaining Lenape are confined to reservations, where they face poverty, hunger, and other forms of oppression.

**Key Figures:**

* **Sachem:** The spiritual leader of the Lenape tribe.
* **Lenape Hill:** A geographic feature in Manhattan named after the Lenape tribe.

**Cultural Significance:**

* The Lenape are an important part of New York City’s history and cultural heritage.
* Their legacy continues to be felt in the city, with many streets and landmarks bearing their names.
* Efforts are being made to preserve the history and culture of the Lenape, including the establishment of a Lenape Cultural Center and public art installations.

In 1626, the Dutch West India Company purchased the island from the Lenape for $24.

The history of Manhattan, specifically its early ownership and transactions, dates back to the 17th century when European explorers first arrived on the American continent.

In 1626, the Dutch West India Company played a significant role in shaping the island’s future by purchasing Manhattan from the Lenape Native American tribe for a mere $24. This transaction marked the beginning of a new era in Manhattan’s history as a hub of commercial and colonial activity.

The Lenape people, also known as the Delaware Indians, had inhabited the island of Manhattan for thousands of years prior to the Dutch arrival. They were skilled hunters, gatherers, and farmers who lived in harmony with their environment, taking advantage of the abundant natural resources available on the island.

The Dutch West India Company, a powerful trading organization established by the Dutch government, sought to expand its territories and establish trade relationships with Native American tribes. In 1626, Director Peter Minuit, representing the company, negotiated a land deal with the Lenape chief, who agreed to sell the island of Manhattan for $24 in goods such as cloth, tools, and trinkets.

This transaction was likely a mutually beneficial agreement for both parties. The Lenape gained access to European trade goods and potentially new alliances, while the Dutch West India Company secured a strategic foothold on the American continent and established a hub for their commercial activities.

Over time, Manhattan would transform into a bustling city with diverse populations, driven by colonial ambitions, wars, economic growth, and cultural exchange. The legacy of this initial transaction in 1626 would shape the future of New York City, influencing its development as one of the world’s major urban centers.

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Fact Checked by Victoria Macpherson AOEC

Victoria is a Career and Business coach with a background in recruitment and Investment Banking. She works with clients at career and life crossroads who want to look more deeply at where they are going. Whether you are going back to work after having children, changing career or looking to redress your work life balance she is there to support you to find the right path. She works with her clients to help them manage their business and personal life and to find clarity, focus and direction. Victoria will give you the opportunity and time to work out the balance you need in your life. Through using psychometrics, challenging your assumptions and working on your self beliefs and using in depth reflection and questioning Victoria will work with you to find what is the right next step for you. She walks with you in the process and you will come out with a clear vision on what stops you from moving forward and the changes you want to put in place. She also works with you to explore how you come across to others and how you can have greater impact. Victoria can help you bring about a positive change, whether this is how to approach people or situations differently, how to have greater impact, how to prioritise the different demands placed upon you or simply how to look after yourself better. By increasing one’s awareness of these unseen limiting patterns, we help remove blockages and create a shift in belief. This allows you to choose different and more productive ways of thinking, acting and living. Victoria’s successful coaching style and her insightful feedback helps her clients with: Managing Work Life Balance Career Path Guidance Leadership Skills Dealing with Change She is a qualified as a coach with the AOEC and is a trained facilitator in Hogan Psychometric testing. She has completed courses in Gestalt Therapy and Mindfulness and is trained in the Nancy Kline Time to Think process. Prior to being a coach she had a career in Investment Banking and set up a headhunting firm in the city.

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