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 York New Jersey Rail New York New Jersey Rail New York New Jersey Rail, LLC is a switching and terminal railroad that operates the only car float operation across Upper New York Bay between Jersey City, New Jersey and Brooklyn, New York. Since mid-November 2008, it has been owned by the Port Authority of New York and New Jersey, which acquired it for about $16 million as a step in a process that might see a Cross-Harbor Rail Tunnel completed. Since freight trains are not allowed in Amtrak's North River Tunnels, and the Poughkeepsie Bridge was closed in 1974, the ferry is the only