CONTACT
48 Wall Street- 11th Floor
New York, NY 10005
Tele: (212) 461-2244 Fax: (646) 755-3305
If you would like to schedule a telephone call with Mr. Shanker, you may do so by clicking this button
Email for General Inquiries: office@shankerlawfirm.com
LOCATION
We are located at 48 Wall Street- 11th Floor in the heart of the Financial District directly east of the New York Stock Exchange (Corner of Wall Street and William Street)
Nearest subway stations are:
Fulton St./Broadway (4 & 5) - Lexington Avenue Express
Fulton St./William St. (2 & 3) - 7th Avenue Express
Fulton St./Nassau St. (J & Z) - Nassau Street Express
Fulton St./Nassau St. (A) - 8th Avenue Express
Fulton St./Nassau St. (C) - 8th Avenue Local
History
In the late 18th century, there was a buttonwood tree at the foot of Wall Street under which traders and speculators would gather to trade securities. The benefit was being in proximity to each other. In 1792, traders formalized their association with the Buttonwood Agreement which was the origin of the New York Stock Exchange. The idea of the agreement was to make the market more "structured" and "without the manipulative auctions", with a commission structure. Persons signing the agreement agreed to charge each other a standard commission rate; persons not signing could still participate but would be charged a higher commission for dealing.
In 1789, Wall Street was the scene of the United States' first presidential inauguration when George Washington took the oath of office on the balcony of Federal Hall on April 30, 1789. This was also the location of the passing of the Bill Of Rights. In the cemetery of Trinity Church, Alexander Hamilton, who was the first Treasury secretary and "architect of the early United States financial system," is buried.
