History and Modern Role of New York City

New York, officially known as the City of New York, is the largest city in the United States since 1790 and one of the largest in the world. Between 1785 and 1790, the city of New York was the capital of the United States. It is located in the northeast of the United States, on the Atlantic coast, in the southeast corner of the State of New York and is divided in five districts called boroughs: Manhattan, Brooklyn, the Bronx, Queens, and Staten Island.

Its inhabitants are called New Yorkers.

New York influence deeply education, research, technology, finance, global commerce, media, art, fashion, and entertainment. Gathering all the characteristics of a global city, it is sometimes considered as the “capital of the world.” However New York is not the federal capital of the United States anymore, it is the most populated city in the country with 8,175,133 inhabitants in 2010, according to the Census Bureau.

New York is one of the most cosmopolitan cities in the world with its many ethnic neighborhoods.

The best known are Little Italy, or Chinatown, where there are the largest concentration of Chinese people in the United States. The City of New York welcomes 50 million visitors per year. Times Square, located in the intersection of Broadway and 42nd Street, and widely known as “The Crossroads of the World” is the focal center of entertainment industry. Over 300 thousand visitors come daily to see its world-known Broadway theaters. The city is home to many bridges, skyscrapers, and world famous parks. The financial district of New York is globally famous as the “Financial Capital of the World” and is home to the New York Stock Exchange and to future financial center One World Trade Center.

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In addition, the most expensive real estate in the world can also be found in Manhattan.

 New York City Today

Finally, New York welcomes institutions of global importance, such as the UN headquarters.

However, it is as well the City of great cultural events and organizations, such as the Metropolitan Museum, the Brooklyn Museum, the Lincoln Center, and Museum of Modern Art. Many reputable universities are located in New York, including the City University of New York, the Columbia University, and the University of New York.

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