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Industry City. 882 Third Avenue in Brooklyn's Sunset Park neighborhood is a waterfront industrial complex completed in 1906 and also known as Industry City. The complex hosts some of the city's largest floor plates, at roughly 160,000 square feet; it is a mixed industrial and manufacturing parcel divided into 42 separate units. The renovated site is just south of the southern tip of Manhattan, perched between the Gowanus Expressway and New York Harbor.
The economy of New York City encompasses the largest municipal as well as regional economy in the United States. Anchored by Wall Street, in Lower Manhattan, New York City has been characterized as the world's premier financial center, and is home to the New York Stock Exchange and NASDAQ, the world's largest stock exchanges by market capitalization and trading activity. In 2012, the New York City Metropolitan Statistical Area generated a gross metropolitan product of over US$1.33 trillion, whil