New York: A business traveller’s guide to the Financial District

The Financial District is where New York City began. The neighbourhood’s historic significance is comparable to parts of Boston and Philadelphia, and arguably even more so when you add in the millions of newly-arrived immigrants in the 19^th and early 20^th centuries, who were processed at Castle Clinton and Ellis Island before gaining their first foothold into this tantalising ‘promised land’.

Fast forward to the 21^st century and the area is home to some of the world’s greatest economic powerhouses, including the headquarters of major banks and financial institutions – though there are still some remarkable contrasts to be found if you look closely: modern skyscrapers butting up against century-old red brick buildings, million dollar bonus-earning bankers chowing down fast food from the trucks lined up on the sidewalk. It’s an endlessly fascinating part of Manhattan, and if you’re in town on business you may well find yourself here. Here’s our guide to making the most of your trip.

Between meetings

You might be an experienced business traveller but if it’s your first time in NYC, the Financial District will let you cross some compulsory experiences off your tourist to-do list, many of which can be squeezed between meetings or done after hours. Manhattan’s oldest neighbourhood is the jumping off point for trips to the Statue of Liberty and Ellis Island, or a ride on the Staten Island Ferry. It’s where the story of New York’s maritime history reveals itself, brought to life at the South Street Seaport Museum. And it’s where you can begin one of the world’s best urban walks, across the Brooklyn Bridge.

But most of all, this is the global nerve centre of money and power, with Wall Street and the New York Stock Exchange twin symbols of a greed-is-good ideology that helped make this skyscraper-packed thumbprint at the tip of Manhattan the financial hub of America. Before all this came to pass, however, the neighbourhood witnessed some of the city’s finest achievements; the founding of the nation’s first Congress, Supreme Court and the inauguration of George Washington at Federal Hall – now a National Memorial and museum –and the construction of the neo-Gothic Trinity Church, once New York’s tallest building.

Today, the area still throngs with power-dressing bankers marching from gilded tower to deal-making lunch and back again, but the post-recession buzz lacks the brashness of the late 20th/early 21st century boom years. Nonetheless, you can soak up the moneyed vibe on a guided tour of the Federal Reserve Bank and its vault of gold, or by visiting the Museum of American Finance – followed by a quick rub of the Wall Street Charging Bull’s nether regions for good luck.

But it’s not all about cash in the Financial District. As one of Manhattan’s fastest growing residential areas, the neighbourhood is presently in the midst of a housing boom, which means a flourishing restaurant scene, a glut of cultural attractions and an increasing focus on shopping. Here’s our pick of the best ways to discover Downtown in your downtime.

• Stroll through the red brick 19th century Stone Street Historic District, immaculately restored from its previous dark days of neglect and disrepair. Stone Street itself, so named for its worn-smooth cobblestone paving, plays host to a lively scene of restaurants, bars and pavement cafés.
• Visit the Skyscraper Museum in Battery Park and explore the city’s enduring love of tall buildings. From construction sites and workplaces to the proliferation of pencil-thin luxury high-rise apartments, the museum celebrates all the forces which have helped create Manhattan’s skyline.
• Almost worth visiting for its stunning beaux arts building alone, the National Museum of the American Indian sits within the 1907 Custom House and hosts a regularly changing mix of exhibitions which document Native American culture, beliefs and history, with artefacts from almost every North American Indian tribe.
• Need to pick up new togs for an important client event or some gifts for friends and family back home? Join New York’s obsessive, penny pinching style-seekers on a trip to the discount, mega-department store Century 21 on Cortlandt Street, and get up to 65% off fashion, shoes, bags, accessories, homewares, cosmetics, toiletries and toys.

And of course, no guide to the Financial District would be complete without reference to its most infamous and defining event. In May 2014, the National September 11 Memorial & Museum finally opened to the public (the Memorial section opened in 2011) after many years of development and discussion. The site, at the base of the new One World Trade Center, aims to both honour the victims and explore the continued repercussions of the attacks, with a permanent collection of stories, photos, personal effects, recorded testimonies and tributes.

Wining and dining

At lunchtime, business travellers normally fall into one of two camps – the expense account brigade, and those who have ten minutes to grab something and run.

If you fall into the former category, you’re in luck. As you might expect, this neighbourhood is home to some top-class establishments – all the better if you’re on the receiving end of the deal. There are plenty of reasonable options too, however, should you need to show some restraint. Try the Stone Street Tavern for a quality range of American comfort food and burgers; ‘America’s first restaurant’ Delmonico’s for signature steaks and lobster; casual Parisian bistro Les Halles Downtown for salads, sandwiches, steaks and mussels, or pull out all the stops with a booking at ultra high-end Cipriani Club 55 or The Capital Grille.

Need to eat and walk simultaneously? Check out the super-sized range of sandwiches on offer at beloved deli Pisillo Italian Panini at 97 Nassau Street; grab a roast beef and provolone Philly-style sub at Dave’s Hoagies, or pay a visit to Veronica’s Kitchen food truck on Water Street (between Pine and Wall Street) for a spicy boxful of Trinidadian soul food.