Manhattan /mænˈhætən/ is a borough of New York City in the U.S. state of New York. The borough consists mostly of Manhattan Island, bounded by the East, Hudson, and Harlem Rivers, but also includes several small adjacent islands, as well as Marble Hill, a small neighborhood on the mainland.Manhattan is often said to be the economic and cultural center of the United States[2][3][4] and serves as home to the United Nations Headquarters.[5] Anchored by Wall Street in the Financial District of Lower Manhattan, New York City has been called both the most economically powerful city and the leading financial center of the world,[6][7][8][9][10] and Manhattan is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ.[11][12] Many multinational media conglomerates are based in the borough. Historically documented to have been purchased by Dutch colonists from Native Americans in 1626 for the equivalent of US$1050,[13] Manhattan real estate has since become among the most expensive in the world, with the value of Manhattan Island, including real estate, estimated to exceed US$3 trillion in 2013.[
