Business In Manhattan

Some cities of the world are very popular because they are very old and now there size is roughly greater than some very small countries of the world. These big cities were once very small but then as the time passed many different areas joined in and the cities became very vast. New York is one of those cities of world that is very old and also it is very big. The population density in New York is very high as millions of people have settled here. Population and area of these cities has become so big because of the opportunities in these cities. Some areas of these cities are also very famous as Manhattan is one of the famous areas of New York. It is famous because of its history and the number of people that have settled here. People have been living here from centuries and now it is considered as the most important part of New York City.The business in Manhattan is very well established. It is contributing a lot to the city’s economy and also it has a solid part in the country’s economy. This area is considered to be the land of opportunities as people have been coming here from decades and it is accommodating them by giving job opportunities and business opportunities. Some of the wealthiest people of world live here and also there complete business setup is present here that is the reason it is an important pillar of world’s greatest city New York. The main and the most profitable business in Manhattan is considered to be the real estate business because the price of land in this area is beyond imagination because this area is full of skyscrapers that were once the tallest building structures of the world. People here are always working to get something extra ordinary and in this way the city is going very well. Some other businesses in the area are the financial companies that are acting as the pillars of states economy and in the modern world we say them stock exchange. The Wall Street office is present in Manhattan that is considered to be the world’s biggest stock market where billions of dollars are circulated every day. People in this part of city have the highest pays when compared to all other cities because the competition over here is too much and you have to work extremely hard for your survival. It is also thought to be the hub of real estate business because the most expensive land of United State is present here and still there are hundreds of buyers who are ready to invest all of their fortunes to buy the land and develop it into a sky scrapper that could be used for business purposes. Even the residential areas are very highly rented and people have to wait for months to get an actual place to live. Similarly the hotel business is very profitable as hundreds of thousands of people come here every day.