New York City welcomes millions of international travelers each year and this is hardly remarkable, considering the city’s attractions: the arts, shopping, sports, business - New York is a very important location for all of these fields and more. There are a lot of tall tales about the city, not all of which are entirely positive. One of the popular opinions about New Yorkers is that they are loud, vulgar and unkind. As a matter of fact, everything in New York seems to be a little faster, louder and more hectic than in other places, but just as well you will find many quiet and even tranquil corners.
No longer valid is the prejudice of New York being the capital of crime: Ever since the mayorship of Rudy Giuliani, who had taken new, more consistent steps to fight crime, delinquency rates have been declining and today, New York City ranks among the safest US metro areas.
New York City has five major boroughs: Manhattan, Brooklyn, Bronx, Queens and Staten Island. Out of these, Brooklyn with a population of 2,57 million and Queens with some 2,27 million inhabitants are the largest, but the largest significance is attributed to Manhattan as a focal point of the arts, trade and economy. The official boroughs are separated into smaller quarters which sometimes are heavily influenced by ethnic affiliations, such as Chinatown or Little Italy or whose borders are marked by main traffic arteries, as is the case for Tribeca or Soho.
Regarding the composite of the population, New York City has always been the epitome of the melting pot. During the great immigration waves between 1895 and 1920 alone, some 12 million Europeans arrived here and many stayed. Even today, about 36% of the population are not US-born and the city reflects this internationality in many places and contexts.
A great number of inhabitants is drawn to the city because of its economic strength. Among the cities of the world, the Big Apple, measured by GDP, is the second-strongest for a city behind Tokyo. The economy has its nucleus in finance - the world’s most important stock exchange is located at Wall Street - but it also hosts large conglomerates active in other sectors, although manufacturing has considerably lost its share in recent decades. The next generation of managers for these companies is being educated in numerous univeristies and colleges and often stays in New York upon graduation. According to research published in 2005, about 60% of people living in Manhattan had at least a college degree.