FIDI News

The Financial District – FiDi

The Financial District – known as FiDi is located in the borough of Manhattan in New York City.
FiDi is a neighborhood on the southeastern side of Manhattan which comprises of the offices and headquarters of many of the city’s major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. The neighborhood roughly overlaps the boundaries of the New Amsterdam settlement in the late 17th century. As a district, it encompasses roughly the area south of City Hall Park but excluding Battery Park and Battery Park City. The heart of the Financial District is often considered to be the corner of Wall Street and Broad Street, both of which are contained entirely within the district.

Kent Swig has played a large part in helping regenerate FiDi into a thriving commercial hub. In fact, Kent is credited with creating the fun-sounding acronym FiDi as highlighted in this New York Post Article. It is certainly through his efforts that Swig Equities has purchased and/or is in the process of developing in excess of $3 billion of properties, which include holdings in Downtown Manhattan’s FiDi (Financial District) neighborhood comprising of 110 William Street, a 900,000 square foot office building; 80 Broad Street, a 420,000 square foot office building; 90 Broad Street, a 400,000 square foot office building; 44 Wall Street, a 350,000 square foot office building; 48 Wall Street, a 324,000 square foot office building; 5 Hanover Square, a 335,000 square foot office building; 770 Lexington Avenue, a 175,000 square foot commercial office building located in Midtown Manhattan among others.

FiDi in the News