Royal Exchange (New York)
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The Royal Exchange building in
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
, later known as the Old Royal Exchange and the Merchants Exchange, was a covered marketplace located near the foot of Broad Street, near its intersection with Water Street.Suzy Maroon. ''The Supreme Court of the United States'', New York and Charlottesville: Thomasson-Grant and Lickle (1996), p. 18. Originally a one-story building in 1675, it was rebuilt with a meeting hall on the upper story in 1752, typical of the type of market halls found in England and Europe at the time. The Chamber of Commerce in the City of New York (
Chamber of Commerce of the State of New York The New York Chamber of Commerce was founded in 1768 by twenty New York City merchants. As the first such commercial organization in the United States, it attracted the participation of a number of New York's most influential business leaders, inc ...
after 1784) met in the building's second-floor meeting area from 1770 until the Revolutionary War. In 1785, when New York City became the nation's capital, the
New York State Legislature The New York State Legislature consists of the Bicameralism, two houses that act as the State legislature (United States), state legislature of the U.S. state of New York (state), New York: the New York State Senate and the New York State Assem ...
began meeting in the building; the
Congress of the Confederation The Congress of the Confederation, or the Confederation Congress, formally referred to as the United States in Congress Assembled, was the governing body of the United States from March 1, 1781, until March 3, 1789, during the Confederation ...
had started meeting in the legislature's previous locationwhich became known as
Federal Hall Federal Hall was the first capitol building of the United States under the Constitution. Serving as the meeting place of the First United States Congress and the site of George Washington's first presidential inauguration, the building existe ...
. On November 3, 1789, the federal court for the District of New York (later the
Southern District of New York The Southern District of New York is a federal judicial district that encompasses the counties of New York (Manhattan), Bronx, Westchester, Rockland, Putnam, Orange, Dutchess, and Sullivan. Federal offices or agencies operating in the distri ...
) sat in the building, the first federal court to sit under the new
Constitution A constitution is the aggregate of fundamental principles or established precedents that constitute the legal basis of a polity, organization or other type of entity, and commonly determines how that entity is to be governed. When these pri ...
. The first District Court Judge was
James Duane James Duane (February 6, 1733 – February 1, 1797) was an American Founding Fathers of the United States, Founding Father, attorney, jurist, and American Revolutionary War, American Revolutionary leader from New York (state), New York. He serve ...
. The court's earliest business in the building included admitting local lawyers to the bar, including
Aaron Burr Aaron Burr Jr. (February 6, 1756 – September 14, 1836) was an American politician, businessman, lawyer, and Founding Fathers of the United States, Founding Father who served as the third vice president of the United States from 1801 to 1805 d ...
.Robert Pigott. ''New York's Legal Landmarks: A Guide to Legal Edifices, Institutions, Lore, History, and Curiosities on the City's Streets'', New York: Attorney Street Editions (2014), pp. 7–8. The court moved to
Federal Hall Federal Hall was the first capitol building of the United States under the Constitution. Serving as the meeting place of the First United States Congress and the site of George Washington's first presidential inauguration, the building existe ...
in 1791. The
U.S. Supreme Court The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that turn on question ...
held its inaugural session in the building February 2–10, 1790. Before the court convened, city officials moved the market's butchers and placed chains across the street so as to spare the court "interruption from the noise of carts." A second session was held in August 1790. The court met in New York for a total of twelve days. In 1791, it moved, with the rest of the federal government, to
Philadelphia Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
in the old
City Hall In local government, a city hall, town hall, civic centre (in the UK or Australia), guildhall, or municipal hall (in the Philippines) is the chief administrative building of a city, town, or other municipality. It usually houses the city o ...
building. The Royal Exchange building was demolished in 1799.


References and notes

{{SCOTUS horizontal History of New York City New York State Legislature Former seats of local government Chamber of Commerce of the State of New York History of the Supreme Court of the United States