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Kasımpaşa

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Kasımpaşa ( Turkish pronunciation: [ˈkasɯmpaʃa] ) is a working-class neighbourhood on the northern shore of the Golden Horn within the Beyoğlu district of Istanbul , Turkey , on the European side of the city. Once best known for its naval bases and shipyards, it is a rapidly evolving area, likely to be greatly changed by the Haliçport-Tersane Istanbul projects taking shape along its shoreline in 2022.

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21-449: Kasımpaşa may refer to: Kasımpaşa, Beyoğlu , a quarter in Istanbul, Turkey Kasımpaşa S.K. , a Turkish football club Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Kasımpaşa . If an internal link led you here, you may wish to change the link to point directly to

42-552: Is a pavilion in wooded grounds close to the shore of the Golden Horn. The only remaining piece of the early 17th-century Tersane Sarayı (Shipyard Palace) which had been greatly extended at the start of the 18th century, it contains a small museum of musical instruments. The Güzelce Kasım Pasa Cami complex, also known as the Cami-i Kebir, in the centre of Kasımpaşa's shopping area, was originally designed by Mimar Sinan in 1533-34 but

63-511: Is a statue of an Ottoman dignitary with his pet lion at his side. This is Cezayiri (Algerian) Gazi Hasan Paşa, the 18th-century admiral responsible for building the Kalyoncu Kişlası (Kalyoncu Barracks) behind him in 1785. The Ottoman banker Abraham Kamondo lived for some time in a waterside palace in Kasımpaşa. Turkey's president, Recep Tayyip Erdoğan , was born in Kasımpaşa and attended

84-411: Is connected by a Metro tunnel. Also nearby are Dolapdere and Kurtulüs which was founded, as Tatavla, by Greek from Chios who chose to leave their homes in Kasımpaşa for higher ground after their church was turned into a mosque. The Golden Horn ferry stops at Kasımpaşa connecting it with Üsküdar , Karaköy , Fener , Balat, Ayvansaray , Eyüp and Sütlüce . Kasımpaşa is the lowest valued property on

105-461: Is the Aynalıkavak Kasrı building which is open to the public. A Turkish Naval High School was founded here in 1773 to teach geometry and navigation to naval and civilian merchant captains on board a galleon anchored at Kasımpaşa. In 1785 Admiral Cezayirli Gazi Hasan Paşa had a huge barracks built here that survives to this day just inland from the Kasımpaşa ferry terminal. In 1821, much of

126-745: The Great Eastern Crisis in the Balkan provinces of the Ottoman Empire) such a large navy became a drain on the Ottoman treasury. In the 1860s the Ottoman-Venetian Jewish banker Abraham Salomon Camondo had a palace built for himself on the waterfront. This Kamondo Sarayı (Camondo Palace) was designed by the Ottoman-Armenian architect Sarkis Balyan . It went on to become the headquarters of

147-883: The Muharrem Kararnamesi (Decree of Muharrem) on 15 October 1881, which reduced the overall public debt, the Ottoman Public Debt Administration (OPDA) was established. This made the European creditors bondholders, and assigned special rights to the OPDA for collecting various tax and customs revenues within the Ottoman Empire. After the taking of its first loans, the Empire had taken further loans out in 1858, 1860, 1862, 1863, 1865, and every year between 1869 and 1874. But economic trouble loomed. The Panic of 1873 depressed

168-591: The Istanbul Monopoly board game . In 1453 Sultan Mehmed II succeeding in breaching the defences of the Golden Horn by having his ships pulled overland from near Dolmabahçe to what became Kasımpaşa where they could be relaunched into the water. He went on to capture Constantinople from the Byzantines. Kasımpaşa takes its name from one of Suleyman the Magnificent's military leaders of the early 16th-century who

189-527: The Kasımpaşa quarter was destroyed by fire. The Turkish Naval Academy was housed here from 1838 to 1850. As the Empire declined, the shipyard became neglected. Until the reign of Sultan Abdülaziz the Ottoman Navy still had 21 battleships and 173 other types of warship, making it the third largest navy in the world after the British and French ones. However, following the economic crisis of 1875 (which sparked

210-543: The Ottoman Bureaucracy, whose goal was to secure tax revenue to send back home to its citizen bondholders. Other represented nations were Germany, Italy, Austria, the Netherlands, as well as internal Ottoman bondholders. The Ottoman debt would prove to be a heavy weight on the Empire and only added to the other crises that emerged in the 1870s. The actual size and scale of the Ottoman debt was difficult to calculate in

231-657: The Ottoman Ministry for the Navy (Bahriye Nezareti), before becoming the headquarters of the Istanbul Naval Command on 14 November 1922 after the Armistice of Mudanya . During the riots of 1955 , Greek dwellings in Kasımpaşa were attacked and looted. Until recently, the old arsenal still carried out ship repairs. However, in 2022 work on turning it into a cultural hub was well underway. Facing Kasımpaşa ferry terminal

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252-446: The economy, and poor harvests followed. Palace intrigues diverted political attention from the debt crisis. Finally, on October 6, 1875, the Empire suspended interest payments on its loans. The amount defaulted on was estimated at 224.5 million British Pounds (equivalent to £26,142,463,918 in 2023). But the entire income of the Empire had been a mere 21.7 million British pounds (equivalent to £2,644,715,464 in 2023). For comparison,

273-426: The intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Kasımpaşa&oldid=932934763 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Kas%C4%B1mpa%C5%9Fa, Beyo%C4%9Flu Adjoining areas include Piyalepaşa , Hasköy and Şişhane to which it

294-662: The local İmam Hatip religious school. During the early years of the Republic , industrialisation of its shores rendered the Golden Horn very unattractive, and Kasimpasa itself was a solidly working-class neighbourhood and home, especially to sailors and people working in the shipyard. In the early 21st century, the Istanbul Metropolitan Municipality began investing in Kasımpaşa, building a new football stadium, sports complex, swimming pool, library and recreation facilities, with fitness and health facilities available to

315-533: The modern debt to income ratio of the United States was around 7.8 in 2022. The default on the Ottoman debt was met by outrage in European nations, to whom the debts were owed. The concerted efforts of the United Kingdom and France, whose citizens were the chief bondholders on the Ottoman debt, would lead to the creation of the Ottoman Public Debt Administration in 1881. It would function as an independent arm of

336-794: The plans which also envisage the Sadberk Hanım Museum moving from its current location in Büyükdere on the Bosphorus to the shores of the Golden Horn where it will complement the The neighbourhood has become synonymous with the local football team Kasımpaşa Spor Kulübü , originally founded in 1921, which now plays in the Süper Lig . Its home matches take place in the 13,500 seat, multi-purpose Recep Tayyip Erdoğan Stadium , opened in 2005 and named after Turkish President Recep Tayyip Erdoğan . Aynalıkavak Kasrı

357-572: The public. In 2022 work was underway to convert the 18th-century Kalyoncu Kışlası barracks complex into a new headquarters (Hükümet Konağı) for the Beyoğlu Municipality. Much of the Golden Horn shoreline of Kasimpaşa is currently being converted into the Haliçport-Tersane Istanbul complex of shops, hotels and restaurants, partially reusing some of the old shipyard buildings and partly building new ones. A new marina forms part of

378-529: The terms of these loans were exceptionally favourable to the French and British banks which facilitated them, whereas others have noted that the terms reflected the imperial administration's willingness to constantly refinance its debts. The Ottoman government declared a sovereign default on its loan repayments with the Ramazan Kararnamesi (Decree of Ramadan) on 30 October 1875. Six years later, as part of

399-576: Was a term which dated back to 24 August 1855, when the Ottoman Empire first entered into loan contracts with its European creditors shortly after the beginning of the Crimean War . The Empire entered into subsequent loans, partly to finance railway construction and partly to finance deficits between revenues and the lavish expenditure of the Imperial court. Some financial commentators have noted that

420-533: Was completely rebuilt in the 19th century after a fire. In 2022 it was undergoing major restoration work. The Büyük Hamam (large bathhouse) attached to the mosque is still in service today. Neither the historic Kalyoncu Kışlası barracks not the Bahriye Nezareti (naval headquarters) was open to the public in 2022. 41°03′N 28°59′E  /  41.050°N 28.983°E  / 41.050; 28.983 Ottoman public debt The Ottoman public debt

441-536: Was rewarded by being given the area after he seize Buda for the sultan in 1530. The area was soon developed to house the Imperial Arsenal and docks of the Ottoman Navy , home to 120 ships. At the time this was still a very green area and soon a wooden Tersane Sarayı (Shipyard Palace) was built here so that Sultan Ahmed I would have a place to rest when he travelled here to practise archery. The only trace of it now

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