Exchange Place, Jersey City

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Coordinates: 40°42′58″N 74°01′59″W / 40.71611°N 74.03306°W / 40.71611; -74.03306
Source: Wikipedia, the free encyclopedia.

40°42′58″N 74°01′59″W / 40.71611°N 74.03306°W / 40.71611; -74.03306

Exchange Place
Jersey City
Population
 (2010)
 • Total83,828
 • Summer (DST)UTC−05:00

Exchange Place is a district of Downtown Jersey City, New Jersey that is sometimes referred to as Wall Street West due to the concentration of financial companies that have offices there. The namesake is a square, about 200 feet long, at the foot of Montgomery Street at the waterfront of the Hudson River. This square was created by landfilling the shore at Paulus Hook, and has been a major transportation hub since the colonial era.[1]

Vicinity

Aerial view of Exchange Place in 2010
Jersey City 9/11 Memorial
Lower Manhattan skyline as seen from Exchange Place

A high concentration of

Hudson County's major business district and become a major business center along the redeveloped waterfronts in the Port of New York and New Jersey. The Mack-Cali building is host to several nesting sites for peregrine falcons. The Hudson River Waterfront Walkway crosses Exchange, the other side of which is J. Owen Grundy Park, extending into the Hudson River
.

The

Andrzej Pitynski is the first memorial of its kind to be raised on American soil to honor the dead of the Katyń Forest massacre.[2] In early May 2018, Holocaust survivor Edward Mosberg co-signed a letter asking Jersey City Mayor Steven Fulop not to remove the Katyń Memorial from Exchange Place in the city, writing: "The memory of the Katyn massacre is an important part of the memory and memories of the Holocaust and we encourage you to reconsider your decision to remove this monument."[3]

To the south are

Harborside Financial Center
.

History

As early as July 1764

Pennsylvania station
.

It was probably the

Pennsylvania Railroad terminal and with easy access to the ferries.[11] Cars with signs reading EXCHANGE PLACE could be seen all over town. In 1901, the privately held land was given to the city by the PRR.[12]

The

Hudson and Manhattan Railroad opened its tunnels from Exchange Place to New York in 1910.[13][14] Significantly, the station was at first called "Pennsylvania Railroad Station", not Exchange Place,[15] but by 1916 the name was expanded to include "Exchange Place".[16] By 1926 the H & M station was simply "Exchange Place".[17]
The Pennsylvania Railroad did not officially give in until some years later, but all the stations, and the neighborhood, were firmly known as Exchange Place by the 1920s.

For many years the location functioned similarly to

bustitution, was completed in 1949.[18]

Ferry services were also discontinued in 1949,

PATH
since 1962) and signs on the bus routes that had replaced the trolleys.

Since 2000, both a trolley service, in the form of the Hudson–Bergen Light Rail, and a ferry service, provided by NY Waterway at the Paulus Hook Hook Ferry Terminal, have been restored. It is also the terminus for several New Jersey Transit and privately operated bus routes.

Transportation

Hudson–Bergen Light Rail trains traveling between stations

Pennsylvania Railroad Station

For the former
Exchange Place (PRR station)
.

PATH

World Trade Center, north to Hoboken Terminal, and west to Journal Square and Newark Penn Station
.

HBLR

Three stations of the

PATH
and ferry are possible.

Paulus Hook Ferry Terminal

Paulus Hook Ferry Terminal
Ferry service departing Battery Park City (background) towards Paulus Hook (foreground)

The ferry that started in 1764 became known as the

New York Waterway and Seastreak.[21]

company route destination notes
NY Waterway West Midtown Ferry Terminal[22]
Midtown Manhattan 		Pier 79
Javits Convention Center
 		free transfer to Manhattan "loop" buses
Battery Park City Ferry Terminal
at World Financial Center[23]
Vesey Street
Battery Park City
 		paid transfer to
Seastreak
routes
Wall Street[24] Pier 11
South Street
south of South Street Seaport 		paid transfer to
Seastreak
routes
Seastreak Belford[25] Raritan Bayshore
Monmouth County 		via
Upper Bay

Bus

Bus traveling along Montgomery Street in 2006
Route destination major points
1
limited service

NJT[26]
Newark-Ironbound
and Downtown Newark
Ferry Street/Raymond Boulevard
Market Street
9

NJT 		Country Village
Danforth Avenue
or

Journal Square

limited service

64



NJT
 		Lakewood
Newport Centre Mall

Hoboken

Lincoln Harbor


Freehold

Old Bridge

Georgian Court University

68



NJT
 		Old Bridge South River

Newport Centre Mall

Hoboken

Lincoln Harbor

80



NJT[27]
Old Bergen Road
Danforth Avenue
81



NJT[28]
 		Bayonne
via Greenville
Danforth Avenue
Curries WoodsOcean Ave

Ave C

82



NJT[29]
Hudson County Correction Facility

limited service 		Newark Avenue
West Side Avenue
or
Lincoln Highway
limited service
86

AM and PM peak service

NJT[30]
Bergenline Station
Weehawken Water Tower

Academy Bus[31]
Garden State Arts Center
 		limited peak service

In popular culture

The views provided along the waterfront are often featured as background images of New York City and One World Trade Center that have been used for Gmail, WordPress, and Emporis. The EarthCam webcam for One World Trade Center, which is placed on top of the Hyatt Regency Hotel, is viewed by millions every week and is occasionally used by local TV news stations.

The 1998 film Godzilla used the area that the Goldman Sachs Tower currently occupies as the location for a military base. The Exchange Place PATH station was used to film an episode of Law & Order: Special Victims Unit, and the ending of the film Sid and Nancy was shot in the vicinity of Exchange Place near Harborside.

A segment of MTV's "The Week in Rock" was filmed along the Exchange Place waterfront during an interview with Queen Latifah.

The pier and its New York backdrop is commonly used in the 2021 series The Equalizer as the location where Robyn and William privately meet.

The view of Lower Manhattan from Exchange Place has been used for shots in the music video for Demi Lovato's I Love Me and in the lyric video for Afrojack and David Guetta's song Hero.

See also

References

  1. ^ Karnoutsos, Carmela; Shalhoub, Patrick (2007). "Exchange Place". Jersey City Past and Present. New Jersey City University. Archived from the original on August 14, 2004. Retrieved February 16, 2011.
  2. ^ Stoltzfus, Duane (June 6, 1991). "Statue Erected as Memorial to Victims of Katyn Massacre". The Record.
  3. ^ "Polonia zbulwersowana planami usunięcia pomnika katyńskiego z placu w Jersey City". dzieje.pl. May 5, 2018.
  4. ^ Lyons, Richard (July 9, 1989). "Jersey City Landmark; Now It's Time to Move the Colgate Clock". The New York Times. Retrieved January 30, 2010.
  5. ^ History of the County of Hudson, New Jersey: From Its Earliest Settlement to the Present Time, Charles Hardenburg Winfield, pg. 243-246, Kennard & Hay Stationery M'fg and Print. Company, 1874
  6. ^ Railroad Ferries of the Hudson: And Stories of a Deckhand, by, Raymond J. Baxter, Arthur G. Adams, pg. 64 ,1999, Fordham University Press, 978-0823219544
  7. ^ Cudahy, Brian J. Over and Back New York: Fordham University Press, 1990. pp.20-24,360,362
  8. ^ John T. Cunningham, Newark. Newark: New Jersey Historical Society, 1966. p84-85.
  9. ^ Brian J. Cudahy, Over and Back. New York: Fordham University Press, 1990. p59.
  10. ^ Carl Condit, The Port of New York. Chicago: University of Chicago Press, 1980. v1 p46-52,152-168.
  11. ^ John Harrington Riley, The Newark City Subway Lines. 1987. p194.
  12. ^ "Settlement in the Seaboard Litigation; Decision of Daniel S. Lamont as the Arbitrator". The New York Times. February 20, 1901. Retrieved February 25, 2011.
  13. ^ Carl Condit, The Port of New York. Chicago: University of Chicago Press, 1980. v1 p247-254.
  14. ^ "40,000 celebrate new tubes opening" (PDF). New York Times. July 20, 1909. Retrieved December 31, 2010.
  15. ^ Official Guide of the Railways. January 1910, p.68.
  16. ^ Official Guide of the Railways. June 1916, p.397.
  17. ^ Official Guide of the Railways. February 1926, p.308.
  18. ISBN 978-0-7385-0966-2
  19. ^ Brian J. Cudahy, Over and Back. New York: Fordham University Press, 1990. p362.
  20. ^ Carl Condit, The Port of New York. Chicago: University of Chicago Press, 1981. v2 p228.
  21. ^ "Paulus Hook". nywaterway.com. Retrieved April 12, 2015.
  22. ^ "Midtown / W. 39th St". nywaterway.com. Retrieved April 12, 2015.
  23. ^ "World Financial Center". nywaterway.com. Retrieved April 12, 2015.
  24. ^ "Pier 11 / Wall St". nywaterway.com. Retrieved April 12, 2015.
  25. ^ "Fares, Routes & Schedules". nywaterway.com. Retrieved April 12, 2015.
  26. ^ "NJT bus 1 schedule" (PDF). njtransit.com. Archived from the original (PDF) on March 10, 2018. Retrieved January 8, 2010.
  27. ^ "NJT 80 schedule" (PDF). njtransit.com. Archived from the original (PDF) on July 4, 2009. Retrieved January 8, 2010.
  28. ^ "NJT 81 schedule" (PDF). njtransit.com. Archived from the original (PDF) on July 4, 2009. Retrieved January 8, 2010.
  29. ^ "NJT 83 schedule" (PDF). njtransit.com.
  30. ^ "NJT 86 schedule" (PDF). njtransit.com.
  31. ^ "Archived copy". Archived from the original on April 13, 2010. Retrieved April 20, 2010.{{cite web}}: CS1 maint: archived copy as title (link)
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