Rockefeller Group Business Centers Blog

What It Means To Have A Wall Street Address

Posted by Robert Blaker on Jul 2, 2015 7:00:00 AM

 RGBC-Wall-Street-Address

Wall Street is one of the most iconic locations in the world. Let’s take a look at the history of this prestigious street and why having a Wall Street address is synonymous with “making it” in the financial sector.

The Wall 

Did you know that Wall Street was named after an actual wall? In 1644, a wooden wall was built along the northern border of the Dutch settlement of New Amsterdam to protect it from both Native Americans and British colonists. The wall stretched from the Hudson River to the East River. The wall protected the colony’s northern border, but when British sailed in from the south in 1664, the colony was seized and renamed New York. The British demolished the wall a few decades later in 1699 and created a paved lane.

“Shady” Dealings

Bankers, auctioneers, and merchants began using this area to conduct their business affairs. In the late 1700s, traders and speculators would meet in the shade under a buttonwood tree at the end of Wall Street to trade securities. They wanted to create a more structured trading process where members would be charged set commissions. They formalized their association in 1792 with the Buttonwood Agreement, which was the first incarnation of the New York Stock Exchange.

Wall Street Today 

Today, Wall Street has grown to become the center of financial activity for the country. With such a rich history, and its association with the prosperity and growth of our country, it is no wonder that a Wall Street address is one of the most prestigious and highly desired addresses for people in the financial sector. A Wall Street address carries a level of respect and esteem just by simply being associated with the iconic street. 

Rockefeller Group Business Centers has furnished office spaces on Wall Street, as well as Fifth Avenue and Rockefeller Plaza. Contact one of our representatives or visit RGBC.com to get the best address.

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Topics: Financial Planning

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Rockefeller Group Business Centers is built on the innovation and experience that distinguish our parent company, The Rockefeller Group International, Inc. More than 80 years ago, The Rockefeller Group developed the legendary Rockefeller Center complex and now manages Rockefeller Center’s west side properties as well as other high-profile real estate holdings across the United States. 

In keeping with The Rockefeller Group tradition of excellence, Rockefeller Group Business Centers provides stunning, fully-serviced office space, executive suites, virtual office plans and meeting rooms in Class A buildings throughout New York City.

 

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