Nassau Street is in the Financial District, within the borough of Manhattan in New York City. Its southern end is at the intersection with Broad Street and Wall Street, and its northern end is at Spruce Street, at Pace University near the foot of the Brooklyn Bridge. For its entire route, Nassau Street runs one block east of Broadway and Park Row.
Nassau Street was originally called Kip Street, after an early Dutch settler family, but was subsequently named in honor of the royal family of the Netherlands, the House of Orange-Nassau. It was named some time before William of Nassau, the Dutch prince who became King William III of England, so that is not the origin of the name, despite how easily it could be mistaken as such. Nassau Street once housed many of the city's newspapers. For some period of time, the street was known as Pie Woman's Lane. [1] Late in the 20th century Nassau Street was closed to motor traffic during certain hours, in order to promote shopping.
Nassau Street borders on the Fulton-Nassau Historic District, which encompasses several buildings along Nassau between Spruce and Liberty Streets. The original headquarters of The New York Times , then the New-York Daily Times , was located at 113 Nassau Street. In 1854, the paper moved to 138 Nassau Street, and in 1858 it moved to 41 Park Row, making it the first newspaper in New York City to have an entire building solely for its own work force. [2]
In 1931, the BMT Nassau Street Line (present J and Z trains) of the New York City Subway was extended under Nassau Street, with stops at Fulton Street and Broad Street. [3] Nassau Street is only 34 feet (10 m) wide, and the subway floor was only 20 feet (6.1 m) below building foundations. As a result, 89 buildings had to be underpinned to ensure that they would stay on their foundations. The whole cost of the construction of the segment was $10.072 million for the 0.9 miles (1.4 km)-long extension, or $2,068 a foot, which was three times the normal cost of construction at the time. [4]
As early as 1915, Mekeel's Weekly Stamp News contained many advertisements for stamp dealers in Nassau Street. [5] In the 1930s, stamp collecting became very popular and Nassau Street was the center of New York City's "Stamp District", called its "Street of Stamps", with dozens of stamp and coin dealers along its short length. [6] While the stock market did poorly during the Great Depression, stamps kept their value and were "negotiable assets". [6] The Stamp Center Building was located at 116 Nassau Street, and the Subway Stamp Shop (now in Altoona, Pennsylvania) was located at 87 Nassau Street. [6] With the dispersal of most dealers in the 1970s, a process that accelerated with internet trading, the street no longer has this character. [6] [7]
Nassau Street was also the title of a book written in the 1960s by Herman Herst Jr. [8] that described the "golden age" of the stamp collecting industry. [6]
From south to north: [9]
The Financial District of Lower Manhattan, also known as FiDi, is a neighborhood located on the southern tip of Manhattan in New York City. It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south.
South Ferry is at the southern tip of Manhattan in New York City and is the embarkation point for ferries to Staten Island and Governors Island. Battery Park, abutting South Ferry on the west, has docking areas for ferries to Liberty Island and Ellis Island. Its name is derived from the more southerly route of service of the historical South Ferry Company in comparison to the Fulton Ferry.
Atlantic Avenue is a major thoroughfare in the New York City boroughs of Brooklyn and Queens. It stretches from the Brooklyn waterfront on the East River all the way to Jamaica, Queens. Atlantic Avenue runs parallel to Fulton Street for much of its course through Brooklyn, where it serves as a border between the neighborhoods of Prospect Heights and Fort Greene and between Bedford-Stuyvesant and Crown Heights, and between Brooklyn Heights and Cobble Hill. This stretch of avenue is known for having a high rate of pedestrian fatalities and has been described as "the killing fields of the city."
The BMT Nassau Street Line is a rapid transit line of the B Division of the New York City Subway system in Manhattan. At its northern end, the line is a westward continuation of the BMT Jamaica Line in Brooklyn after the Jamaica Line crosses the Williamsburg Bridge into Manhattan. The Nassau Street Line continues south to a junction with the BMT Broadway Line just before the Montague Street Tunnel, after which the line reenters Brooklyn. Although the tracks merge into the Broadway Line south of Broad Street, there has been no regular service south of the Broad Street station since June 25, 2010. While the line is officially recognized as the Nassau Street Line, it only serves one station on Nassau Street: Fulton Street.
The Park Row station was a major elevated railway terminal constructed on the Manhattan side of the Brooklyn Bridge, across from New York City Hall and the IRT’s elevated City Hall station. It served as the terminal for BMT services operating over the Brooklyn Bridge Elevated Line from the BMT Fulton Street Line, BMT Myrtle Avenue Line, and their feeders. Until the opening of the nearby Williamsburg Bridge to elevated train traffic in 1913, it was the only Manhattan station available for elevated trains from Brooklyn and the only elevated station in Manhattan to be owned by a company other than the IRT or its predecessors.
The IND Fulton Street Line is a rapid transit line of the IND Division of the New York City Subway, running from the Cranberry Street Tunnel under the East River through all of central Brooklyn to a terminus in Ozone Park, Queens. The IND Rockaway Line branches from it just east of Rockaway Boulevard. The A train runs express during daytime hours and local at night on the underground portion of the line; it runs local on the elevated portion of the line at all times. The C train runs local on the underground portion of the line at all times except late nights.
The Broad Street station is a station on the BMT Nassau Street Line of the New York City Subway at the intersection of Broad and Wall Streets in the Financial District of Manhattan. It serves as the southern terminal for J trains at all times and for Z trains during rush hours in the peak direction.
Fulton Center is a subway and retail complex centered at the intersection of Fulton Street and Broadway in Lower Manhattan, New York City. The complex was built as part of a $1.4 billion project by the Metropolitan Transportation Authority (MTA), a public agency of the state of New York, to rehabilitate the New York City Subway's Fulton Street station. The work involved constructing new underground passageways and access points into the complex, renovating the constituent stations, and erecting a large station building that doubles as a part of the Westfield World Trade Center mall.
47th Street is an east–west running street between First Avenue and the West Side Highway in the borough of Manhattan in New York City. Traffic runs one way along the street, from east to west, starting at the headquarters of the United Nations. The street features the Diamond District in a single block, where the street is also known as Diamond Jewelry Way, and also courses through Times Square.
Chambers Street is a two-way street in the New York City borough of Manhattan. It runs from River Terrace, Battery Park City in the west, past PS 234, The Borough of Manhattan Community College, and Stuyvesant High School, to the Manhattan Municipal Building at 1 Centre Street in the east. Between Broadway and Centre Street, Chambers Street forms the northern boundary of the grounds surrounding New York City Hall and the Tweed Courthouse. Opposite the Tweed Courthouse sits the Surrogate's Courthouse for Manhattan. 280 Broadway the Marble Palace, lies west of there, on the north side of Chambers.
The Fulton Street station is a major New York City Subway station complex in Lower Manhattan. It consists of four linked stations on the IND Eighth Avenue Line, the IRT Lexington Avenue Line, the BMT Nassau Street Line and the IRT Broadway–Seventh Avenue Line. The complex is served by the 2, 4, A, and J trains at all times. The 3, 5, and C trains stop here at all times except late nights, and the Z stops during rush hours in the peak direction.
41 Park Row, also 147 Nassau Street and formerly the New York Times Building, is an office building in the Financial District of Manhattan in New York City, across from City Hall and the Civic Center. It occupies a plot abutting Nassau Street to the east, Spruce Street to the north, and Park Row to the west. The building, originally the headquarters of The New York Times, is the oldest surviving structure of Lower Manhattan's former "Newspaper Row" and has been owned by Pace University since 1951.
Herman "Pat" Herst Jr. was a writer of philatelic literature, in many cases on the history of the hobby, as well as a stamp dealer and stamp auctioneer. He began his career on Nassau Street in New York City in 1933, moving to Shrub Oak, New York in 1946, remaining there until he finally retired to Florida in 1973.
The Fulton–Nassau Historic District is a federally designated historic area of New York City roughly bounded by Broadway and Park Row, Nassau, Dutch and William Streets, Ann and Spruce Streets, and Liberty Street, in lower Manhattan. It contains a mix of late 19th- and early 20th-century architectural styles. The historic district lies just south of City Hall Park and east of lower Broadway. It is a historic district listed on the National Register of Historic Places.
Spruce Street is a three-block-long street in the Financial District of Lower Manhattan, New York City. It starts at Park Row, near the foot of the Brooklyn Bridge, and runs east to Gold Street, intersecting with Nassau Street.
150 Nassau Street, also known as the Park Place Tower and the American Tract Society Building, is a 23-story, 291-foot (89 m) building in the Financial District of Lower Manhattan in New York City. It is located at the southeast corner of Spruce Street and Nassau Street, next to 8 Spruce Street, the former New York Times Building, and New York City Hall.
Surely the most remarkable of these survivors is 113 Nassau Street, where the New-York Daily Times was born in 1851.... After three years at 113 Nassau Street and four years at 138 Nassau Street, The Times moved to a five-story Romanesque headquarters at 41 Park Row, designed by Thomas R. Jackson. For the first time, a New York newspaper occupied a structure built for its own use.
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