|Neighborhood of Manhattan|
at night (2013)
|City||New York City|
The heart of Koreatown is the segment of 32nd Street between Fifth Avenue and Broadway, officially nicknamed "Korea Way". Though only one city block long, Korea Way features stores on multiple stories, with small, independently run establishments reaching up to the third or fourth floors, including restaurants, exuding an ambience of Seoul itself. The New York City Korean Chamber of Commerce estimates there to be more than 100 small businesses on Korea Way.
The street features numerous restaurants that serve both traditional and/or regional Korean cuisine and Korean fusion fare (including Korean Chinese cuisine), several bakeries, grocery stores, supermarkets, bookstores, consumer electronics outlets, video rental shops, tchotchke and stationery shops, hair and nail salons, noraebang bars, nightclubs, as well as cell phone service providers, internet cafés, doctors' offices, attorney offices, banks, and hotels. Approximately fourteen 24/7 restaurants conduct business on Korea Way. Although Korea Way continues to represent the heart of Koreatown and is situated between Sixth and Fifth Avenues, Koreatown itself is expanding further eastward from Fifth Avenue, toward Madison Avenue in Midtown Manhattan.
Historically, Manhattan's Koreatown is part of the Garment District. Koreatown is primarily a Korean business district, but in recent years, the district has seen an increase in Korean and European traffic as well, and the resident Korean population in the area has grown concomitantly. There was never a formal plan or agreement to create a Korean commercial district in Manhattan. However, given the high tourist traffic stemming from nearby Midtown Manhattan landmarks like the Empire State Building, Macy's Herald Square, Penn Station, Madison Square Garden, the Garment District, and the Flower District, it was a convenient location for Korean immigrants to settle. Initiated by the opening of a Korean bookstore and a handful of restaurants in the 1980s, Koreatown sprang into being. With their success, an additional stream of Korean-owned businesses took root in the neighborhood, coinciding with increased immigration from Korea; and with rising demand for the prime location, overall property values in the area increased as well.
According to the 2010 United States Census, the Korean population of Manhattan (co-extensive with New York County) had nearly doubled to approximately 20,000 over the decade since the 2000 Census. Along with the Koreatowns in nearby Bergen County, New Jersey (in Palisades Park and Fort Lee) and Long Island (extending eastward from Flushing, Queens) in New York, Manhattan's Koreatown serves as the nexus for an overall Korean American population of 218,764 individuals in the New York City Metropolitan Area, the second largest population of ethnic Koreans outside of Korea.
- List of Korea-related topics
- List of U.S. cities with significant Korean American populations
- Korean Americans in New York City
- Koreatown, Long Island
- Koreatown, Palisades Park
- Koreatown, Fort Lee
- Chinatown, Manhattan
- Korean diaspora
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-  Shinhan Bank America. Accessed April 18, 2015.
-  Don's Bogam Korean restaurant. Accessed April 18, 2015.
- "New York County, New York QuickLinks". U.S. Census Bureau. Retrieved 2012-05-21.
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