History of New York City (1784–1854) as the financial and mercantile capital of the western hemisphere. The Great New York City Fire of 1845 destroyed 345 wooden buildings in the Financial District. The Hudson River Railroad (which grew into the New York Central) opened October 3, 1851; it extended the Mohawk and Hudson Railroad, the first railroad built in the state, south to New York City. The city and its nearby suburbs grew rapidly for several reasons. The natural harbor at the base of Manhattan, Brooklyn, and the New Jersey ports at Newark and Elizabeth provided almost unlimited capacity for trading ships and protection from storms.
New Jersey v. New York channel. This agreement was fashioned in order to allow New Jersey to build docks on the riverfront, while allowing New York to control islands that it already considered integral parts of its territory. This led to places such as Ellis Island located on the New Jersey side of the river, but belonging to New York. Between the 1890s and 1934, Ellis Island was expanded through land reclamation and soon became a major center for immigrants coming from Europe to the New World. This land was added by the federal government and considered part of New York for decades before New