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The New York Stock Exchange is the literal and figurative center
of Wall Street. National and international visitors alike will recognize
the building near the corner of Wall Street and Broadway. It is
a natural site for a Museum of Money.
- The NYSE will move in the next few years. Its existing
site on Wall Street will become available for a new use sometime
before 2006. (Many stock exchange buildings all over the world
cannot handle today’s digital technology. Shanghai, Paris,
Saint Petersburg and soon New York, all present examples of historical
market buildings that are no longer suited to modern technology.)
- For New York City, although the NYSE will move, the visitors’
gallery and museum would stay. Some 3,000 square feet of the old
exchange floor would also remain. This will preserve the historic
association with a now-modern exchange, but one that no longer
is suited to a visitors’ gallery.
The location of the Museum using the floor of the exchange will
capture a great “off-balance sheet asset” of a link to
the history of finance for the Exchange. Sponsors of the Museum
are pursuing the NYSE site as a top priority.
There are, however, a few alternative sites in Lower Manhattan.
Please contact the
Museum for a detailed list. |
