History of New York City (1855–1897) remainder of Kings County in the decade from 1886 to 1896, the issue of consolidation grew more pressing. The modern city of Greater New York — the five boroughs — was created in 1898, with the consolidation of the cities of New York (then Manhattan and the Bronx) and Brooklyn with the largely rural areas of Queens and Staten Island. History of New York City (1855–1897) The history of New York City (1855–1897) started with the inauguration in 1855 of Fernando Wood as the first mayor from Tammany Hall, an institution that dominated the city throughout this period. Reforms led
New York City Regional Center areas of New York City in need of long-term economic growth. Examples include: • $220 million to finance ground-up construction in the Bronx; • $108.5 million to finance ground-up and redevelopment projects in Washington Heights (an Upper Manhattan Empowerment Zone); and, • $767 million to finance ground-up, redevelopment, and infrastructure projects in Brooklyn, including seven projects totaling $339 million in the Brooklyn Navy Yard. Examples of economic development projects utilizing loans provided by NYCRC-managed funds include the following: • A new wireless infrastructure network in New York City’s subway stations • Redevelopment of a new cargo facility at JFK International