New York Produce Exchange, Commodities exchange in Manhattan Financial District, US
The New York Produce Exchange was a commodities exchange in Lower Manhattan, at 2 Broadway, where dealers traded agricultural goods on a daily basis. The building was purpose-built with a large trading floor designed to handle many dealers at once.
The exchange was founded in 1861 as the New York Commercial Association before moving in 1884 into a building designed by architect George B. Post. That structure stood for decades until it was torn down in the 1950s to make way for a new development.
The exchange was a place where farmers, merchants, and brokers met face to face to agree on prices for fresh produce. This kind of direct trading floor shaped how food markets across the country set their standards.
The original building no longer stands, so there is nothing to enter at the 2 Broadway address today. The site sits in the Financial District of Lower Manhattan, which is easy to walk through and has many nearby points of interest.
When it opened in 1884, the building used a combination of wrought iron and masonry in its frame that was uncommon for commercial buildings at that time. This approach to construction later influenced how other trading and office buildings were put together in the city.
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