The 1835 Great Fire of New York was one of three fires that rendered extensive damage to New York City in the 18th and 19th centuries. The fire occurred in the middle of an economic boom, covering 17 city blocks, killing two people, and destroying hundreds of buildings, with an estimated $20 million of property damage .
By 1835, New York City was the premier American city, and its financial prowess surpassed that of Philadelphia or Boston. The opening of the Erie Canal ten years earlier connected New York to raw materials and commercial interests in the Midwest and allowed the city to rise to prominence as a market hub. Over half of the country's exports left through New York Harbor, while more than a third of American imports arrived there. Insurance companies, investment firms, real estate companies and others made New York their home.
Source: Wikipedia.org
Copyright: Creative Commons 3.0
New York, United States
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