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130-725: The park is divided into four distinct areas reflecting different time periods in Western Canadian history: the Hudson's Bay Company Fur Trading Fort, c. 1864; the Pre-Railway Settlement Village, c. 1880; the Railway Prairie Town, c. 1910; and Heritage Plaza (opened 2009), depicting the 1920s to 1950s. Heritage Park has over 100 exhibits including: Many of the exhibit spaces (e.g. hotel, barns, Gasoline alley, upper floors of buildings) are used year-round (including when

260-465: A "New Discovery" in 1749, and by 1750 was titled Richmond Gulf. The name was changed to Richmond Fort and given the abbreviation RF from 1756 to 1759, it served mainly as a trade goods and provisions storage location. Additional inland posts were Capusco River and Chickney Creek, both circa 1750. Likewise, Brunswick (1776), New Brunswick (1777), Gloucester (1777), Upper Hudson (ca. 1778), Lower Hudson (1779), Rupert, and Wapiscogami Houses were established in

390-491: A 12-story building at 80 Pine Street, a 26-story building at 123 William Street, and a few others were built in 1957. By the end of the decade, Lower Manhattan had become economically depressed, in comparison with Midtown Manhattan , which was booming with the continued march uptown . David Rockefeller spearheaded widespread urban renewal efforts in Lower Manhattan, beginning with constructing One Chase Manhattan Plaza ,

520-597: A higher percentage than in Philadelphia or Boston . The 1735 libel trial of John Peter Zenger in the city was a seminal influence on freedom of the press in North America. It would be a standard for the basic articles of freedom in the United States Declaration of Independence . By the 1740s, with expansion of settlers, 20% of the population of New York were slaves, totaling about 2,500 people. After

650-491: A jury of HBC officials and supporters. During the trial, a crowd of armed Métis men led by Louis Riel Sr. gathered outside the courtroom. Although Sayer was found guilty of illegal trade, having evaded the HBC monopoly, Judge Adam Thom did not levy a fine or punishment. Some accounts attributed that to the intimidating armed crowd gathered outside the courthouse. With the cry, " Le commerce est libre! Le commerce est libre! " ("Trade

780-704: A major remodelling and restoration of retail trade shops planned in 1912. Following the war, the company revitalized its fur-trade and real-estate activities, and diversified its operations by venturing into the oil business. During the Russian Civil War , the company briefly operated in the Siberian far east , even obtaining an agreement with the Soviet government until departing in 1924. The company co-founded Hudson's Bay Oil and Gas Company (HBOG) in 1926 with Marland Oil Company (which merged with Conoco in 1929). Although

910-592: A mile north of Chambers Street, and 23rd Street , roughly half a mile north of 14th Street. Lower Manhattan's central business district forms the core of the area below Chambers Street and includes the Financial District , commonly known as Wall Street after the name of its primary artery, and the World Trade Center site . At the island's southern tip is Battery Park , near the Bowling Green ; City Hall

1040-587: A month later, the governor and general manager met Banting at the King Edward Hotel to demand a retraction. Banting stated that the reporter had betrayed his confidence, but did not retract his statement and reaffirmed that HBC was responsible for the death of indigenous residents by supplying the wrong kind of food and introducing diseases into the Arctic. As A. Y. Jackson , the Group of Seven painter with whom Banting

1170-539: A new Independence Plaza, Washington Market Park , and other developments. Lower Manhattan retains the most irregular street grid plans in the borough. Throughout the early decades of the 1900s, the area experienced a construction boom, with major towers such as 40 Wall Street , the American International Building , Woolworth Building , and 20 Exchange Place being erected. Many new water crossings into Lower Manhattan were built at this time, including

1300-515: A peace treaty on August 29, 1645. On May 27, 1647, Peter Stuyvesant was inaugurated as director general upon his arrival. The colony was granted self-government in 1652, and New Amsterdam was formally incorporated as a city on February 2, 1653. The first mayors ( burgemeesters ) of New Amsterdam, Arent van Hattem and Martin Cregier , were appointed in that year. In 1664, the English conquered

1430-600: A rebuilt Fort Langley (1840) on the Lower Fraser to Fort Kamloops by 1850 and the rest of the transportation network to York Factory on the Hudson Bay along with the New Caledonia district fur returns. The Guillaume Sayer trial in 1849 contributed to the end of the HBC monopoly. Guillaume Sayer , a Métis trapper and trader, was accused of illegal trading in furs. The Court of Assiniboia brought Sayer to trial, before

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1560-749: A result of Alexander Hamilton 's policies and practices as the first Secretary of the Treasury and, later, with the opening of the Erie Canal in 1825, which connected the Atlantic port to the vast agricultural markets of the North American interior. Immigration resumed after being slowed by wars in Europe, and a new street grid system, the Commissioners' Plan of 1811 , expanded to encompass all of Manhattan. Early in

1690-711: A result of the rivalry and were inherently unprofitable. Their combined territory was extended by a licence to the North-Western Territory , which reached to the Arctic Ocean in the north and, with the creation of the Columbia Department in the Pacific Northwest , to the Pacific Ocean in the west. The NWC's regional headquarters at Fort George (Fort Astoria) was relocated to Fort Vancouver by 1825 on

1820-416: A series of fires in 1741, the city became panicked that blacks planned to burn the city in a conspiracy with some poor whites. Historians believe their alarm was mostly fabrication and fear, but officials rounded up 31 blacks and 4 whites, all of whom were convicted of arson and executed. City officials executed 13 blacks by burning them alive and hanged 4 whites and 18 blacks. In 1754, Columbia University

1950-491: A trading post. The first Fort Langley was subsequently built (1827), establishing an early settlers long lasting presence in current day southern British Columbia. The fur trade in a wet climate turned out to be marginal and quickly evolved into a salmon trade site with abundant supply in the vicinity. The HBC stretched its presence North on the coastline with Fort Simpson (1831) on the Nass River , Fort McLoughlin (1833) and

2080-594: Is a Canadian retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada. The company's namesake business division is Hudson's Bay , commonly referred to as The Bay ( La Baie in French). After incorporation by English royal charter in 1670,

2210-771: Is a charitable institution governed by The Heritage Park Society. The Society was incorporated on December 10, 1963. The land that Heritage Park is located on is owned by the City of Calgary. The Heritage Park Foundation Board, incorporated on March 17, 1976, is responsible for the stewardship of the Park's endowment funds and is elected by up to 200 members of the Heritage Park Foundation. Most (if not all) of Heritage Park's exhibits and buildings have been funded by donations by corporations and individuals and through grants from various levels of government. Heritage Park's annual operating budget

2340-647: Is delineated on the north by 14th Street , on the west by the Hudson River , on the east by the East River , and on the south by New York Harbor . Its northern border is designated by thoroughfares about a mile-and-a-half south of 14th Street and a mile north of Manhattan 's southern tip around Chambers Street near the Hudson River east of the entrances and overpass to the Brooklyn Bridge . Two other major arteries to Lower Manhattan are Canal Street , roughly half

2470-650: Is free! Trade is free!"), the Métis loosened the HBC's previous control of the courts, which had enforced their monopoly on the settlers of Red River. Another factor was the findings of the Palliser Expedition of 1857 to 1860, led by Captain John Palliser . He surveyed the area of the prairies and wilderness from Lake Superior to the southern passes of the Rocky Mountains. Although he recommended against settlement of

2600-492: Is funded partially by ticket sales and partially by government grants, donations, and endowment funds. Heritage Park employs a core group of full time year round employees and then hires a large number of seasonal employees for the summer season. Heritage Park also relies on a large group of volunteers from the community who assist in various ways throughout the park. Hudson%27s Bay Company The Hudson's Bay Company ( HBC ; French : Compagnie de la Baie d'Hudson )

2730-571: Is north of the Financial District. South of Chambers Street are Battery Park City and South Street Seaport . TriBeCa straddles Chambers Street on the west side; at the street's east end is the giant Manhattan Municipal Building . North of Chambers Street and the Brooklyn Bridge and south of Canal Street is the Chinatown neighborhood , home to the largest concentration of Chinese people in

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2860-509: Is the southernmost part of the New York City borough of Manhattan . 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

2990-690: The Alaska Panhandle by present-day Wrangell . The RAC-HBC agreement (1839) with the Russian American Company (RAC) provided for such a continuing presence in exchange for the HBC to supply the Russian coastal sites with agricultural products. The Puget Sound Agricultural Company subsidiary was created to supply grain, dairy, livestock and manufactured goods out of Fort Vancouver, Fort Nisqually, Fort Cowlitz and Fort Langley in present-day southern British Columbia. The company's stranglehold on

3120-555: The American Revolutionary War , a French squadron under Jean-François de Galaup, comte de Lapérouse captured and demolished York Factory and Prince of Wales Fort in support of the American rebels. In its trade with native peoples, Hudson's Bay Company exchanged wool blankets, called Hudson's Bay point blankets, for the beaver pelts trapped by aboriginal hunters. By 1700, point blankets accounted for more than 60 percent of

3250-659: The Beaver (1836), the first steamship to ever roam the Pacific Northwest for resupplying its coastline sites. The HBC was securing a trading monopoly on the coastline keeping away independent American traders: "By 1837, American competition on the North West Coast was effectively over". The HBC gained more control of the fur trade with both the coastline and inland tribes to access the fur rich New Caledonia district in current day northern British Columbia: "monopoly control of

3380-401: The Brooklyn Bridge in Lower Manhattan. Municipal governments contained within the boroughs were abolished, and the county governmental functions, housed in Lower Manhattan after unification, were absorbed by the city or each borough. Washington Market was located between Barclay and Hubert Streets, and from Greenwich Street to West Street . It was demolished in the 1960s and replaced by

3510-577: The Deed of Surrender , authorized by the Rupert's Land Act 1868 . At its peak, the company controlled the fur trade throughout much of the English- and later British-controlled North America . By the mid-19th century, the company evolved into a mercantile business selling a wide variety of products from furs to fine homeware in a small number of sales shops (as opposed to trading posts ) across Canada. These shops were

3640-460: The East Village , and Downtown Brooklyn and on par with Downtown Jersey City and Williamsburg . In June 2015, The New York Times wrote that Lower Manhattan's dining scene was experiencing a renaissance. There are over 400 casual dining and more than 100 full-service dining restaurants in the area. The Village Voice , based at 80 Maiden Lane in the Financial District and historically

3770-617: The Flatiron District , Gramercy , and Stuyvesant Town–Peter Cooper Village . The area that would eventually encompass modern-day New York City was inhabited by the Lenape people. These groups of culturally and linguistically identical Native Americans who spoke an Algonquian language now referred to as Unami . European settlement began with the founding of a Dutch fur trading post in Lower Manhattan, later called New Amsterdam ( Dutch : Nieuw-Amsterdam ) in 1626. The first fort

3900-586: The Fraser River . The three boats 40some crew led by the James McMillan were first to officially ever make it to Puget Sound from the continent, to reach its northern end into Boundary Bay and to bypass the mouth of the Fraser. They shortcut through two mainland rivers and a portage in order to finally reach the lower Fraser. Friendly tribes were identified along with subsistence farming land suitable for sustaining

4030-529: The Netherlands , were sold by the end of 2019. Until March 2020, the company was listed on the Toronto Stock Exchange under the symbol "HBC.TO" until Richard Baker and a group of shareholders took the company private. HBC is, as of 2022, the majority owner of eCommerce companies Saks Fifth Avenue and Saks Off 5th , both established as separate operating companies in 2021. HBC wholly owns SFA,

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4160-777: The New York Stock Exchange , the Federal Reserve Bank of New York , and other major financial institutions. A center of culture and tourism , Lower Manhattan is home to many of New York City's most iconic structures, including New York City Hall , the Woolworth Building , the Stonewall Inn , the Bull of Wall Street , and One World Trade Center , the tallest skyscraper in the Western Hemisphere . Lower Manhattan

4290-652: The Nonsuch , commanded by Captain Zachariah Gillam , while the Eaglet was commanded by Captain William Stannard and accompanied by Radisson. On 5 June 1668, both ships left port at Deptford , England, but the Eaglet was forced to turn back off the coast of Ireland. The Nonsuch continued to James Bay , the southern portion of Hudson Bay, where its explorers founded, in 1668, the first fort on Hudson Bay, Charles Fort at

4420-867: The North-West Territories , was brought under Canadian jurisdiction under the terms of the Rupert's Land Act 1868 , enacted by the Parliament of the United Kingdom. The Deed enabled the admission of the fifth province, Manitoba , to the Confederation on 15 July 1870, the same day that the deed itself came into force. During the 19th century the Hudson's Bay Company went through great changes in response to such factors as growth of population and new settlements in part of its territory, and ongoing pressure from Britain. It seemed unlikely that it would continue to control

4550-690: The Port Authority decided to build the World Trade Center on a site along the Hudson River and the West Side Highway , rather than the East River site. When building the World Trade Center , 1.2 million cubic yards (917,000 m ) of material was excavated from the site. Rather than dumping the spoil at sea or in landfills, the fill material was used to expand the Manhattan shoreline across West Street, creating Battery Park City . The result

4680-597: The September 11 attacks in 2001, two of four hijacked planes were flown into the Twin Towers of the original World Trade Center , and the towers collapsed. The 7 World Trade Center was not struck by a plane but uncontrolled fires that were caused by falling debris resulted in the building's collapse; a first in the history of steel framed skyscrapers. The 3, 4, 5, and 6 World Trade Center buildings were damaged beyond repair or destroyed, and soon after demolished. The collapse of

4810-649: The Siskiyou Trail , into Northern California as far south as the San Francisco Bay Area , where the company operated a trading post at Yerba Buena ( San Francisco ). The southern-most camp of the company was French Camp , east of San Francisco in the Central Valley adjacent to the future site of the city of Stockton . These trapping brigades in Northern California faced serious risks, and were often

4940-591: The Western Hemisphere . Many court buildings and other government offices are located in this area. The Lower East Side neighborhood straddles Canal Street. North of Canal Street and south of 14th Street are SoHo , the Meatpacking District , the West Village , Greenwich Village , Little Italy , Nolita , and the East Village . Between 14th and 23rd Streets are lower Chelsea , Union Square ,

5070-439: The Williamsburg Bridge in 1903 and the Manhattan Bridge in 1909. The Holland Tunnel to New Jersey opened in 1927, while the Brooklyn–Battery Tunnel to Brooklyn opened in 1950 and was the last major fixed crossing to be built to Lower Manhattan. Despite these road connections opening, the economic center of New York City began to shift from Lower Manhattan to Midtown with the opening of many commuter rail terminals at

5200-517: The Woolworth Building , 40 Wall Street (also known as the Trump Building), 26 Wall Street (also known as the Standard Oil Building), and 70 Pine Street (also known as the American International Building ). In 1966, the commercial district of Radio Row on Cortlandt Street was demolished to make way for construction of the former World Trade Center. Downtown in the context of Manhattan, and of New York City generally, has different meanings to different people, especially depending on where in

5330-406: The coureurs des bois permission to scout the distant territory". Despite this refusal, in 1659 Radisson and Groseilliers set out for the upper Great Lakes basin. A year later they returned to Montreal with premium furs, evidence of the potential of the Hudson Bay region. Subsequently, they were arrested by French authorities for trading without a licence and fined, and their furs were confiscated by

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5460-621: The 'blight' of many tenement areas, by demolishing slums, factories, and working-class neighborhoods through public works such as the High line , the West Side Highway and FDR Drive , built housing projects, expanded new parks, rebuilt streets, and zoning controls , especially in Lower Manhattan. The zoning changes were intended to displace the industrial workforce by removing zoning protection for industrial space and incentivizing upscale residential and clerical redevelopment. The port of New York, despite its physical suitability for berthing and its close proximity to Europe, began to deteriorate due to

5590-400: The 17th century, the French colonists in North America, based in New France , operated a de facto monopoly in the North American fur trade . Two French traders, Pierre-Esprit Radisson and Médard des Groseilliers (Médard de Chouart, Sieur des Groseilliers), Radisson's brother-in-law, learned from the Cree that the best fur country lay north and west of Lake Superior , and that there

5720-409: The 1818 Treaty settled the 49th degree parallel border only as far as the Rocky Mountains , the HBC was looking for a site further West in case the parallel border would become further extended at the end of the 10 years joint occupancy term. By 1824, the HBC was commissioning an expedition to travel from the Fort George regional headquarter on the southern shore of the Columbia River all the way to

5850-401: The 19th century, the landfill was used to expand Lower Manhattan from the natural Hudson shoreline at Greenwich Street to West Street . In 1898, the modern City of New York was formed with the consolidation of Brooklyn (until then an independent city), Manhattan and outlying areas. The borough of Brooklyn incorporated the independent City of Brooklyn, recently joined to Manhattan by

5980-463: The American Fort Hall , 483 km (300 mi) to the east. In 1837, it purchased Fort Hall, also along the route of the Oregon Trail . The outpost director displayed the abandoned wagons of discouraged settlers to those seeking to move west along the trail. HBC trappers were also deeply involved in the early exploration and development of Northern California . Company trapping brigades were sent south from Fort Vancouver, along what became known as

6110-414: The British in North America for the remainder of the war and a haven for Loyalist refugees. Continental Army officer Nathan Hale was hanged in Manhattan for espionage. In addition, the British began to hold the majority of captured American prisoners of war aboard prison ships in Wallabout Bay , across the East River in Brooklyn . More Americans died from neglect aboard these ships than died in all

6240-533: The Columbia River replaced Spokane House in 1825. Fort Umpqua was established in 1832 in present-day southern Oregon after the Willamette River had been explored up toward its headwaters by mainly the NWC. Nisqually House was built during the same year to establish a presence further North on Puget Sound in present-day State of Washington , resulting in Fort Nisqually a few years later closer to present-day Canadian sites. The HBC established Fort Boise in 1834 (in present-day southwestern Idaho) to compete with

6370-473: The Downtown Lower Manhattan Association contributed to a city plan calling for the revitalization of Lower Manhattan. The plan included recommended zoning changes, tax incentives to encourage new tenants, and the conversion of commercial buildings into apartments. It also called for the creation of a business improvement district, called The Alliance for Downtown New York, to help spur the area's renewal. Between 1995 and 2014, 15.8 million square feet of office space

6500-424: The East India Company in 1732, which it viewed as a major competitor. Hudson's Bay Company's first inland trading post was established by Samuel Hearne in 1774 with Cumberland House, Saskatchewan . Conversely, a number of inland HBC "houses" pre-date the construction of Cumberland House, in 1774. Henley House, established in 1743, inland from Hudson Bay, at the confluence of the Albany and Kabinakagami Rivers,

6630-419: The HBC controlled nearly all trading operations in the Pacific Northwest region and was based at its headquarters at Fort Vancouver, on the Columbia River . Although claims to the region were by agreement in abeyance, commercial operating rights were nominally shared by the United States and Britain through the Anglo-American Convention of 1818 , but company policy, enforced via Chief Factor John McLoughlin of

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6760-414: The HBC paddle wheeler Distributor were responsible for spreading the influenza virus down the Slave River and Mackenzie River . Less than a decade after the 1918 global flu pandemic , a similar virus spread territory-wide over the summer and autumn, devastating the aboriginal population of the north. Returning from the trip, Banting gave an interview in Montreal with a Toronto Star reporter under

6890-399: The HBC. It became operative for the outfit of 1780 and was the first joint-stock company in Canada and possibly North America. The agreement lasted one year. A second agreement established in 1780 had a three-year term. The company became a permanent entity in 1783. By 1784, the NWC had begun to make serious inroads into the HBC's profits. The North West Company (NWC) was the main rival in

7020-433: The Royal Navy in the Battle of Hudson's Bay (5 September 1697), the largest naval battle in the history of the North American Arctic. D'Iberville's depleted French force captured York Factory by laying siege to the fort and pretending to be a much larger army. The French retained all of the outposts except Fort Albany until 1713. A small French and Indian force attacked Fort Albany again in 1709 during Queen Anne's War but

7150-582: The Twin Towers also caused extensive damage to surrounding buildings and skyscrapers in Lower Manhattan. A total of 2,753 people, including those on the planes, were killed in New York. About 400,000 people, including rescue workers and residents of the area were exposed to toxic dust and debris; many developed serious respiratory illnesses, cancers, and other harms arising from the attack, and 3,496 died. Following September 11, Lower Manhattan lost much of its economy and office space but has since rebounded significantly. Private sector employment reached 233,000 at

7280-443: The West. The Society floated £2 million in public shares on non-ceded land held ostensibly by the Hudson's Bay Company as an asset and leveraged this asset for collateral for these funds. These funds allowed the Society the financial means to weather the financial collapse of 1866 which destroyed many competitors and invest in railways in North America. In 1869, after rejecting the American government offer of CA$ 10   million,

7410-604: The World Trade Center, brought many new residents to the area. Gateway Plaza, the first Battery Park City development, was finished in 1983. The project's centerpiece, the World Financial Center , consists of four luxury highrise towers. By the turn of the century, Battery Park City was mostly completed, with the exception of some ongoing construction on West Street. Around this time, Lower Manhattan reached its highest population of business tenants and full-time residents. These developments struggled to become fully occupied at desirable rents, with relatively high vacancy rates. In 1993,

7540-436: The agreement that his statements on HBC would remain off the record. The newspaper nonetheless published the conversation, which rapidly reached a wide audience across Europe and Australia. Banting was angry at the leak, having promised the Department of the Interior not to make any statements to the press prior to clearing them. The article noted that Banting had given the journalist C. R. Greenaway repeated instances of how

7670-422: The area and renamed it " New York " after the Duke of York and the city of York in Yorkshire. At that time, people of African descent made up 20% of the population of the city, with European settlers numbering approximately 1,500, and people of African descent numbering 375 (with 300 of that 375 enslaved and 75 free). While it has been claimed that African slaves comprised 40% of the small population of

7800-417: The area of Manhattan south of Canal Street. Within business-related contexts, many people use the term Downtown Manhattan to refer only to the Financial District and the corporate offices in the immediate vicinity. For instance, the Business Improvement District managed by the Alliance for Downtown New York defines Downtown as south of Murray Street (essentially South of New York City Hall ), which includes

7930-468: The area of modern-day Canada, and stretches into the present-day north-central United States . The specific boundaries remained unknown at the time. Rupert's Land would eventually become Canada's largest land "purchase" in the 19th century. The HBC established six posts between 1668 and 1717. Rupert House (1668, southeast), Moose Factory (1673, south) and Fort Albany, Ontario (1679, west) were erected on James Bay; three other posts were established on

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8060-429: The battles of the war. British occupation lasted until November 25, 1783. George Washington triumphantly returned to the city that day, as the last British forces left the city . Starting in 1785, the Congress met in New York City under the Articles of Confederation . In 1789, New York City became the first national capital of the United States under the new United States Constitution . The Constitution also created

8190-413: The city at that time, this claim has not been substantiated. During the mid-1600s, farms of free blacks covered 130 acres (53 ha) where Washington Square Park later developed. The Dutch briefly regained the city in 1673 , renaming the city " New Orange ", before permanently ceding the colony of New Netherland to the English for what is now Suriname in November 1674. The new English rulers of

8320-468: The city they reside. Residents of the island or of The Bronx generally speak of going "downtown" to refer to any southbound excursion to any Manhattan destination. A declaration that one is going to be "downtown" may indicate a plan to be anywhere south of 14th Street —the definition of downtown according to the city's official tourism marketing organization —or even 23rd Street . The full phrase Downtown Manhattan may also refer more specifically to

8450-552: The city's unwillingness to invest or modernise the port and the deindustrialization zoning policy. However a large number of small scale, dynamic, and highly specialized industries persisted despite the city's efforts such as the garment industry which was closely tied to the fashion industry in Midtown, or the printing industry; linked with the publishing industry. In the 1950s, a few new buildings were constructed in Lower Manhattan, including an 11-story building at 156 William Street in 1955. A 27-story office building at 20 Broad Street,

8580-461: The coastal fur trade allowed the HBC to impose a uniform tariff on both sides of the Coast Mountains". By 1843, under pressure from the Americans to withdraw further North with the looming Oregon Treaty border negotiation finalized in 1846, and strong of its coastal presence on the northern coast, HBC built Fort Victoria at the southern end of present-day Vancouver Island in southern BC. A well sheltered ocean port with agricultural potential in

8710-402: The colonies. After the major defeat of the Continental Army in the Battle of Long Island , General George Washington withdrew to Manhattan Island , but with the subsequent defeat at the Battle of Fort Washington the island was effectively left to the British. The city became a haven for loyalist refugees, becoming a British stronghold for the entire war. Consequently, the area also became

8840-421: The company a monopoly over the region drained by all rivers and streams flowing into Hudson Bay in northern parts of present-day Canada, taking possession on behalf of England. The area was named " Rupert's Land " after Prince Rupert, the first governor of the company appointed by the King. This drainage basin of Hudson Bay spans 3,861,400 square kilometres (1,490,900 sq mi), comprising over one-third of

8970-442: The company approved the return of Rupert's Land to Britain. The government gave it to Canada and loaned the new country the £300,000 required to compensate HBC for its losses. HBC also received one-twentieth of the fertile areas to be opened for settlement and retained title to the lands on which it had built trading establishments. The deal, known as the Deed of Surrender , came into force the following year. The resulting territory,

9100-400: The company diversified into a number of areas, its department store business is the only remaining part of the company's operations, in the form of department stores under the Hudson's Bay brand. The company also established new trading posts in the Canadian Arctic. The medical scientist Frederick Banting was travelling in the Arctic in 1927 when he realized that crew or passengers on board

9230-412: The company was granted a right of "sole trade and commerce" over an expansive area of land known as Rupert's Land , comprising much of the Hudson Bay drainage basin . This right effectively gave the company a commercial monopoly over that area. The HBC functioned as the de facto government in Rupert's Land for nearly 200 years until the HBC relinquished control of the land to Canada in 1869 as part of

9360-544: The company's Columbia District , was to discourage U.S. settlement of the territory. The company's effective monopoly on trade virtually forbade any settlement in the region. Over and above the NWC Fort George headquarters site, the HBC carried on the early presence in the region of the NWC when it merged in 1821 with noteworthy sites: Spokane House , Fort Okanogan and Fort Nez Percés . Fort Colville located further North on

9490-506: The company's profits during the monopoly years. Its trade covered 7,770,000 km (3,000,000 sq mi), and it had 1,500 contract employees. Between 1820 and 1870, the HBC issued its own paper money . The notes, denominated in sterling, were printed in London and issued at York Factory for circulation primarily in the Red River Colony . Although the HBC maintained a monopoly on

9620-428: The conflict played out in North America as well. D'Iberville raided Fort Severn in 1690 but did not attempt to raid the well-defended local headquarters at York Factory. In 1693 the HBC recovered Fort Albany ; d'Iberville captured York Factory in 1694, but the company recovered it the next year. In 1697, d'Iberville again commanded a French naval raid on York Factory. On the way to the fort he defeated three ships of

9750-428: The current Congress of the United States , and its first sitting was at Federal Hall on Wall Street. The first United States Supreme Court sat there. The United States Bill of Rights was drafted and ratified there. George Washington was inaugurated at Federal Hall. New York City remained the capital of the U.S. until 1790, when the role was transferred to Philadelphia. New York grew as an economic center, first as

9880-552: The decade of the 1770s. These post-date Cumberland House, yet speak to the expanding inland incursion of the HBC in the last quarter of the 18th century. Minor posts also during this time period include Mesackamy/Mesagami Lake (1777), Sturgeon Lake (1778), Beaver Lake Posts. In 1779, other traders founded the North West Company (NWC) in Montreal as a seasonal partnership to provide more capital and to continue competing with

10010-503: The discussion of constructing seawalls and other coastal barriers around the shorelines of Manhattan and the New York City metropolitan region to minimize the risk of destructive consequences from another such event in the future. Lower Manhattan has been experiencing a baby boom , well above the overall birth rate in Manhattan, with the area south of Canal Street witnessing 1,086 births in 2010, 12% greater than 2009 and over twice

10140-592: The end of 2016, the highest levels since the end of 2001. This was largely due to growth and diversification in the local workforce with gains in employment sectors like Technology, Advertising, Media and Information, as well as Hotel, Restaurants, Retailing, and Health care. As of 2016, Lower Manhattan's business district is home to approximately 700 retail stores and 500 bars and restaurants. The Lower Manhattan Development Corporation has consummated plans to rebuild downtown Manhattan by adding new streets, buildings, and office space. The National September 11 Memorial at

10270-764: The entity that operates Saks Fifth Avenue's physical locations; O5, the operating company for Saks Off 5th stores; The Bay, an eCommerce marketplace and Hudson's Bay, the operating company for Hudson's Bay's brick-and-mortar stores. In July 2024, HBC announced that it would acquire the Neiman Marcus Group for US$ 2.65 billion and fold it into the new flagship entity Saks Fifth Avenue Global. HBC owns or controls approximately 3.7 million square metres (40 million square feet) of gross leasable real estate through its real estate and investment arm, HBC Properties and Investments, established in October 2020. For much of

10400-562: The expedition and brought the two to England to raise financing. Radisson and Groseilliers arrived in London in 1665 at the height of the Great Plague . Eventually, the two met and gained the sponsorship of Prince Rupert . Prince Rupert introduced the two to his cousin, the reigning king – Charles II . In 1668 the English expedition acquired two ships, the Nonsuch and the Eaglet , to explore possible trade into Hudson Bay. Groseilliers sailed on

10530-460: The fall and winter, First Nations men and European fur trappers accomplished the vast majority of the animal trapping and pelt preparation. They travelled by canoe and on foot to the forts to sell their pelts. In exchange they typically received popular trade-goods such as knives, kettles, beads, needles, and the Hudson's Bay point blanket . The arrival of the First Nations trappers was one of

10660-482: The first cargo of fur resulting from trade in Hudson Bay. The bulk of the fur – worth £1,233 – was sold to Thomas Glover, one of London's most prominent furriers. This and subsequent purchases by Glover proved the viability of the fur trade in Hudson Bay. A royal charter from King Charles II incorporated "The Governor and Company of Adventurers of England, trading into Hudson's Bay" on 2 May 1670. The charter granted

10790-487: The first half of the 20th century, New York became a world center for industry, commerce, and communication . Interborough Rapid Transit , the first New York City Subway company, began operating in 1904. The area's demographics stabilized, labor unionization brought new protections and affluence to the working class, the city's government and infrastructure underwent a dramatic overhaul under Fiorello La Guardia , and his controversial parks commissioner, Robert Moses , ended

10920-752: The first step towards the department stores the company owns today. In 2006, Jerry Zucker , an American businessman, bought HBC for US$ 1.1 billion. In 2008, HBC was acquired by NRDC Equity Partners , which also owned the upmarket American department store Lord & Taylor . From 2008 to 2012, the HBC was run through a holding company of NRDC, Hudson's Bay Trading Company , which was dissolved in early 2012. HBC's U.S. headquarters are in Lower Manhattan , New York City, while its Canadian headquarters are in Toronto . The company spun off most of its European operations by August 2019 and its remaining stores there, in

11050-565: The first to explore relatively uncharted territory. They included the lesser known Peter Skene Ogden and Samuel Black . The HBC also operated a store in what were then known as the Sandwich Islands (now the Hawaiian Islands ), engaging in merchant shipping to the islands between 1828 and 1859. Extending the presence it had built in present-day British Columbia northern coast, the HBC reached by 1838 as far North as Fort Stikine in

11180-475: The focal point for Washington's espionage and intelligence-gathering throughout the war. In 1771, Bear Market was established along the Hudson River shoreline on land donated by Trinity Church , and replaced by Washington Market in 1813. New York City was greatly damaged twice by fires of suspicious origin during British military rule. The city became the political and military center of operations for

11310-710: The formerly Dutch New Amsterdam and New Netherland renamed the settlement back to New York. As the colony grew and prospered, sentiment also grew for greater autonomy. In the context of the Glorious Revolution in England, Jacob Leisler led Leisler's Rebellion and effectively controlled the city and surrounding areas from 1689 to 1691, before being arrested and executed. By 1700, the Lenape population of New York had diminished to 200. By 1703, 42% of households in New York had slaves,

11440-568: The fox fur trade always favoured the company: "For over $ 100,000 of fox skins, he estimated that the Eskimos had not received $ 5,000 worth of goods." He traced this treatment to health, consistent with reports made in previous years by RCMP officers, suggesting that "the result was a diet of 'flour, sea-biscuits , tea and tobacco,' with the skins that once were used for clothing traded merely for 'cheap whiteman's goods. ' " The HBC fur trade commissioner called Banting's remarks "false and slanderous", and

11570-421: The freewheeling iconoclasm, pioneering spirit, and do-it-yourself mentality that characterized the pre-gentrification era, still draw patrons from throughout the city and the surrounding region. In the early 21st century, the Meatpacking District , once the sparsely populated province of after-hours BDSM clubs and transgender prostitutes, gained a reputation as New York City's trendiest neighborhood. During

11700-580: The fur trade during the early to mid-19th century, there was competition from James Sinclair and Andrew McDermot (Dermott), independent traders in the Red River Colony. They shipped furs by the Red River Trails to Norman Kittson , a buyer in the United States. In addition, Americans controlled the maritime fur trade on the Northwest Coast until the 1830s. Throughout the 1820s and the 1830s,

11830-540: The fur trade. The competition led to the small Pemmican War in 1816. The Battle of Seven Oaks on 19 June 1816 was the climax of the long dispute. In 1821, the North West Company of Montreal and Hudson's Bay Company were forcibly merged by intervention of the British government to put an end to often-violent competition. 175 posts, 68 of them the HBC's, were reduced to 52 for efficiency and because many were redundant as

11960-520: The future of the West. The iconic department store today evolved from trading posts at the start of the 19th century, when they began to see demand for general merchandise grow rapidly. HBC soon expanded into the interior and set-up posts along river settlements that later developed into the modern cities of Winnipeg, Calgary and Edmonton . In 1857, the first sales shop was established in Fort Langley . This

12090-515: The government. Determined to establish trade in the Hudson Bay area, Radisson and Groseilliers approached a group of English colonial merchants in Boston to help finance their explorations. The Bostonians agreed on the plan's merits, but their speculative voyage in 1663 failed when their ship ran into pack ice in Hudson Strait . Boston-based English commissioner Colonel George Cartwright learned of

12220-664: The high points of the year, met with pomp and circumstance. The highlight was very formal, an almost ritualized "Trading Ceremony" between the Chief Trader and the Captain of the aboriginal contingent who traded on their behalf. During the initial years of the fur trade, prices for items varied from post to post. The early coastal factory model of the English contrasted with the system of the French, who established an extensive system of inland posts at native villages and sent traders to live among

12350-466: The largest alternative newspaper in the United States, announced in 2017 that it would cease publication of its print edition and convert to a fully digital venture . On October 31, 2017, a man drove a pickup truck into the Hudson River Park 's bike path between Houston Street and Chambers Street , killing eight people and injuring at least 15. Most of those who were hit were bicyclists. It

12480-691: The manner of the Dutch fur-trading operations in New Netherland . By adoption of the Standard of Trade in the 18th century, the HBC ensured consistent pricing throughout Rupert's Land. A means of exchange arose based on the " Made Beaver " (MB); a prime pelt, worn for a year and ready for processing: "the prices of all trade goods were set in values of Made Beaver (MB) with other animal pelts, such as squirrel, otter and moose quoted in their MB (made beaver) equivalents. For example, two otter pelts might equal 1 MB". During

12610-499: The mid-1970s largely at two Lower Manhattan venues, CBGB on Bowery in the western edge of the East Village, and Max's Kansas City on Park Avenue South . At the same time, the area's surfeit of appropriated industrial lofts, played an integral role in the development and sustenance of the minimalist composition, free jazz , disco , and electronic dance music subcultures. The area's many nightclubs and bars, though mostly shorn of

12740-549: The mouth of the Rupert River . It later became known as "Rupert House", and developed as the community of present-day Waskaganish , Quebec. Both the fort and the river were named after the sponsor of the expedition, Prince Rupert of the Rhine, one of the major investors and soon to become the new company's first governor. After a successful trading expedition over the winter of 1668–69, Nonsuch returned to England on 9 October 1669 with

12870-520: The new headquarters for his bank. He established the Downtown-Lower Manhattan Association (DLMA) which drew up plans for broader revitalization of Lower Manhattan, with the development of a world trade center at the heart of these plans. The original DLMA plans called for the "world trade center" to be built along the East River , between Old Slip and Fulton Street . After negotiations with New Jersey Governor Richard J. Hughes ,

13000-531: The north bank of the Columbia River; it became the HBC base of operations on the Pacific Slope. Before the merger, the employees of the HBC, unlike those of the North West Company, did not participate in its profits. After the merger, with all operations under the management of Sir George Simpson (1826–60), the company had a corps of commissioned officers: 25 chief factors and 28 chief traders, who shared in

13130-434: The number born in 2001. The Financial District alone has witnessed growth in its population to approximately 43,000 as of 2014, nearly double the 23,000 recorded at the 2000 Census. There are currently 61,000 residents in the Financial District of Lower Manhattan south of Chambers Street and more than 62 percent of the population is between 18 and 44. Lower Manhattan is home to more young professionals than Greenpoint ,

13260-569: The original Five Points neighborhood of Lower Manhattan, was born in the 1850s and continues to be the epicenter of culture for the Chinese diaspora . Lower Manhattan contains many more historical buildings and sites, including Castle Clinton , Bowling Green , the old United States Customs House (now the National Museum of the American Indian ), Federal Hall National Memorial commemorating

13390-514: The park is not open to the public) for special events such as weddings, corporate meetings, company barbecues, fundraisers, etc. In March 2009, Heritage Park opened a major new expansion, Heritage Plaza. The addition features several new buildings depicting a larger 1930s and 1940s western Canadian town. Within Heritage Plaza, Gasoline Alley Museum and the Railway Café are open year-round, unlike

13520-574: The region was broken by the first successful large wagon train to reach Oregon in 1843 , led by Marcus Whitman . In the years that followed, thousands of emigrants poured into the Willamette Valley of Oregon. In 1846, the United States acquired full authority south of the 49th parallel ; the most settled areas of the Oregon Country were south of the Columbia River in what is now Oregon. McLoughlin, who had once turned away would-be settlers when he

13650-547: The region, the report sparked a debate. It ended the myth publicized by Hudson's Bay Company: that the Canadian West was unfit for agricultural settlement. In 1863, the International Financial Society bought controlling interest in the HBC, signalling a shift in the company's outlook: most of the new shareholders were less interested in the fur trade than in real estate speculation and economic development in

13780-434: The rest of the park, which is seasonal. The attractions added in the 2009 expansion included: Heritage Park additionally puts on a number of special events throughout the year. Some of these special events occur during the summer season when the park is open for general admission and many of the events occur outside of the summer season. The following is a list of some of these special events: Heritage Park Historical Village

13910-628: The site was opened to the public on September 11, 2011, while the National September 11 Museum was officially inaugurated by President Barack Obama on May 15, 2014. As of the time of its opening in November 2014, the new One World Trade Center , formerly known as the Freedom Tower , is the tallest skyscraper in the Western Hemisphere and the sixth-tallest in the world , at 1,776 feet (541 m); while other skyscrapers are under construction at

14040-608: The site where George Washington was inaugurated as the first U.S. President, Fraunces Tavern , New York City Hall , the Museum of American Finance , the New York Stock Exchange Building , South Street Seaport , the Brooklyn Bridge , South Ferry (the embarkation point for the Staten Island Ferry ), and Trinity Church . Lower Manhattan is home to some of New York City's most spectacular skyscrapers, including

14170-735: The site. The Occupy Wall Street protests in Zuccotti Park , formerly known as Liberty Plaza Park, began in the Financial District on September 17, 2011, receiving global attention and spawning the Occupy movement against social and economic inequality worldwide. On October 29 and 30, 2012, Hurricane Sandy ravaged portions of Lower Manhattan with record-high storm surge from New York Harbor, severe flooding, and high winds, causing power outages for hundreds of thousands of Manhattanites and leading to gasoline shortages and disruption of mass transit systems. The storm and its effects have prompted

14300-482: The skyline of Lower Manhattan. The 9/11 Memorial & Museum at the former World Trade Center site has become a popular draw for visitors. New York City has been described as the gay capital of the world, and the epicenter of LGBT culture and its catalyst as a continuing cultural force in modern society has been the Stonewall Inn in Greenwich Village . Similarly, Chinatown , which was spawned just east of

14430-498: The trade. The number of indigo stripes (a.k.a. points) woven into the blankets identified its finished size. A long-held misconception is that the number of stripes was related to its value in beaver pelts. A parallel may be drawn between the HBC's control over Rupert's Land with the trade monopoly and government functions enjoyed by the East India Company over India during roughly the same period. The HBC invested £10,000 in

14560-399: The treaty's many provisions, it required France to relinquish all claims to Great Britain on the Hudson Bay, which again became a British possession. (The Kingdom of Great Britain had been established following the union of Scotland and England in 1707). After the treaty, the HBC built Prince of Wales Fort , a stone star fort at the mouth of the nearby Churchill River . In 1782, during

14690-639: The tribes of the region, learning their languages and often forming alliances through marriages with indigenous women. In March 1686 the French sent a raiding party under the Chevalier des Troyes more than 1,300 km (810 mi) to capture the HBC posts along James Bay. The French appointed Pierre Le Moyne d'Iberville , who had shown great heroism during the raids, as commander of the company's captured posts. In 1687 an English attempt to resettle Fort Albany failed due to strategic deceptions by d'Iberville. After 1688 England and France were officially at war , and

14820-546: The turn of the 20th century. The original Penn Station opened in 1910, the Hudson and Manhattan Railroad (now PATH) extension to 33rd Street was completed in 1910, and Grand Central Terminal opened in 1913. On March 25, 1911, the Triangle Shirtwaist Factory fire in Greenwich Village took the lives of 146 garment workers, which would eventually lead to great advancements in the city's fire department, building codes, and workplace regulations. Throughout

14950-476: The vicinity would allow the new regional headquarter to further develop the trade on salmon, timber and cranberries. Trade via the Hawaiian post was also increasing. The Fort Rupert (1849) at the northern end of the island would open up access to coal fields. On the continent mainland, Fort Hope and Fort Yale (1848) were built to extend the HBC presence on the Fraser River as far as navigable. Brigades would link

15080-514: The western shore of Hudson Bay proper: New Severn (1685), York Factory (1684), and Fort Churchill (1717). Inland posts were not built until 1774. After 1774, York Factory became the main post because of its convenient access to the vast interior waterway-systems of the Saskatchewan and Red rivers. Originally called "factories" because the "factor" , i.e., a person acting as a mercantile agent, did business from there, these posts operated in

15210-528: Was a "frozen sea" still further north. Assuming this was Hudson Bay, they sought French backing for a plan to set up a trading post on the Bay in order to reduce the cost of moving furs overland. According to Peter C. Newman , "concerned that exploration of the Hudson Bay route might shift the focus of the fur trade away from the St. Lawrence River , the French governor", Marquis d'Argenson (in office 1658–61), "refused to grant

15340-469: Was a 700-foot (210-m) extension into the river, running six blocks or 1,484 feet (452 m), covering 92 acres (37 ha), providing a 1.2-mile (1.9 km) riverfront esplanade and over 30 acres (12 ha) of parks. Through much of its history, the area south of Chambers Street was mainly a commercial district, with a small population of residents—in 1960, it was home to about 4,000. Construction of Battery Park City , on landfill from construction of

15470-637: Was also one of the primary bases of the American folk music revival of the 1960s. Many art galleries were located in SoHo between the 1970s and early 1990s; today, the downtown Manhattan gallery scene is centered in Chelsea. From the 1960s onward, Lower Manhattan has been home to many alternative theater companies, constituting the heart of the Off-Off-Broadway community. Punk rock and its musical derivatives emerged in

15600-433: Was built at The Battery to protect New Netherland . In approximately 1626, construction of Fort Amsterdam began. The Dutch West Indies Company subsequently imported African slaves to serve as laborers; they helped to build the wall that defended the town against English and native attacks. Early directors included Willem Verhulst and Peter Minuit . Willem Kieft became a director in 1638 but five years later

15730-409: Was company director, then welcomed them from his general store at Oregon City . He later became known as the "Father of Oregon". The HBC also carried on the early presence in the region of the NWC in present-day central and northern British Columbia with noteworthy sites: Fort Alexandria , Fort d'Épinette (Fort St. John) , Fort St. James , Fort George and Fort Shuswap (Fort Kamloops) . Since

15860-496: Was converted to residential or hotel use. As a result, Lower Manhattan's residential population rose from 14,000 to 60,000. Since the early-20th century, Lower Manhattan has been an important center for the arts and leisure activities. Greenwich Village was a locus of bohemian culture from the first decade of the century through the 1980s. Several of the city's leading jazz clubs are still located in Greenwich Village, which

15990-399: Was dependent on Albany River – Fort Albany for lines of communication, was not "finished" until 1768. Next, the inland houses of Split Lake and Nelson Houses were established between 1740 and 1760. These were dependent on York River – York Factory and Churchill River, respectively. Although not inland, Richmond Fort was established in 1749. This was on an island within Hudson Bay. It was titled

16120-577: Was embroiled in Kieft's War against the Native Americans. The Pavonia Massacre , across the Hudson River in present-day Jersey City , New Jersey resulted in the death of 80 natives in February 1643. Following the massacre, Algonquian tribes joined forces and nearly defeated the Dutch. The Dutch Republic sent additional forces to the aid of Kieft, leading to the overwhelming defeat of the Native Americans and

16250-572: Was followed by other sales shops in Fort Victoria (1859), Winnipeg (1881), Calgary (1884), Vancouver (1887), Vernon (1887), Edmonton (1890), Yorkton (1898), and Nelson (1902). The first of the grand "original six" department stores was built in Calgary in 1913. The other department stores that followed were in Edmonton, Vancouver, Victoria, Saskatoon , and Winnipeg. The First World War interrupted

16380-482: Was founded under charter by George II of Great Britain as King's College in Lower Manhattan. The Stamp Act and other British measures fomented dissent, particularly among the Sons of Liberty , who maintained a long-running skirmish with locally stationed British troops over Liberty Poles from 1766 to 1776. The Stamp Act Congress met in New York City in 1765 in the first organized resistance to British authority across

16510-487: 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. Despite various definitions of Lower Manhattan, they generally include all of Manhattan Island south of 14th Street . Anchored by Wall Street and the Financial District in Lower Manhattan, New York City is the leading global center for finance and fintech . The Financial District houses Wall Street,

16640-470: Was the first deadly terrorist attack in Manhattan since 9/11. Since 2010, a Lower Manhattan community known as Little Australia has emerged and is growing in the Nolita neighborhood. Before the September 11 attacks , the Twin Towers were iconic of Lower Manhattan's global significance as a financial center . The new office towers built since the attack (including One World Trade Center ) have transformed

16770-686: Was travelling, noted in his memoir that since neither the governor nor the general manager had been to the Arctic, the meeting ended with them asking Banting's advice on what HBC ought to do: "He gave them some good advice and later he received a card at Christmas with the Governor's best wishes." Banting maintained this position in his report to the Department of the Interior: Lower Manhattan Lower Manhattan , also known as Downtown Manhattan or Downtown New York City ,

16900-619: Was unsuccessful. The economic consequences of the French possession of these posts for the company were significant; the HBC did not pay any dividends for more than 20 years. See Anglo-French conflicts on Hudson Bay . With the ending of the Nine Years' War in 1697, and the War of the Spanish Succession in 1713 with the signing of the Treaty of Utrecht , France had made substantial concessions. Among

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