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.
Congestion pricing in New York City York City. A recurring proposal includes adding tolls to all crossings of the East River, which separates Manhattan from Long Island; currently, four bridges across the East River do not charge any tolls. In the 1970s, after New York City was deemed to be in violation of the Clean Air Act, Mayor John Lindsay proposed limiting cars in Lower Manhattan and tolling all crossings of the East River, but ultimately withdrew the proposal. Lindsay's successor Abraham Beame subsequently opposed the tolling scheme. Beame's successor Ed Koch attempted to restore limits on vehicles entering Manhattan, but the federal government preempted his