Everything about Hanover Square Manhattan totally explained
Hanover Square is a square and public park in the
Financial District,
Manhattan,
New York City. It is triangular in shape, bordered by
Pearl Street,
Stone Street (which is now pedestrian-only) and a street named Hanover Square. The square was known by its current name by 1730 during the period of
British colonialism. It was named for the
House of Hanover, which came to power in the form of
King George I. In 2006-2007, the park was renovated to become the British Memorial Garden.
According to the New York City Parks Department, the area of the park in the square is 0.056 acres (2440 ft², 227 m²). Some would call this a
pocket park.
For many years, Hanover Square was the center of New York's
commodities market, with the
New York Cotton Exchange at
1 Hanover Square,
New York Cocoa Exchange (now the
New York Board of Trade) and others located nearby.
The
IRT Third Avenue Line elevated railway had a station above the square from 1878 until 1950, when it was deactivated and later dismantled. The final stage of the
Second Avenue Subway will extend subway service as far south as Hanover Square.
The nearest subway stations are the 1,2,3,4,5,A,C, and E. Most surrounding buildings are commercial, but 7 Hanover and 10 Hanover are residential.
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