Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Midtown Manhattan?
Summarize this article for a 10 years old
Midtown Manhattan is the central portion of the New York City borough of Manhattan and serves as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Building, the Chrysler Building, the Hudson Yards Redevelopment Project, the headquarters of the United Nations, Grand Central Terminal, and Rockefeller Center, as well as several prominent tourist destinations including Broadway, Times Square, and Koreatown. Penn Station in Midtown Manhattan is the busiest transportation hub in the Western Hemisphere.
|City||New York City|
|Community District||Manhattan 5|
|• Total||2.254 sq mi (5.84 km2)|
|• Density||46,000/sq mi (18,000/km2)|
|• Median income||$120,854|
|Time zone||UTC−05:00 (Eastern)|
|• Summer (DST)||UTC−04:00 (EDT)|
10001, 10016–10019, 10022, 10036, several smaller ZIP Codes
|Area code||212, 332, 646, and 917|
Midtown Manhattan is one of the largest central business districts in the world and ranks among the world's most expensive locations for real estate; Fifth Avenue in Midtown Manhattan has commanded the world's highest retail rents, with average annual rents at US$3,000 per square foot ($32,000/m2) in 2017. However, due to the high price of retail spaces in Midtown, there are also many vacant storefronts in the neighborhood. Midtown is the country's largest commercial, entertainment, and media center, and also a growing financial and fintech center.
The majority of New York City's skyscrapers, including its tallest hotels and apartment towers, are in Midtown. The area hosts commuters and residents working in its offices, hotels, and retail establishments, tourists and students. Times Square, the brightly illuminated hub of the Broadway Theater District, is a major center of the world's entertainment industry. Sixth Avenue also has the headquarters of three of the four major U.S. television networks.