Karakoy
Karakoy, the modern name for the ancient
Galata, is a commercial neighborhood in the
Beyoglu district of
Istanbul, located at the northern part of the
Golden Horn mouth on the
European side of
Bosphorus.
Karakoy is one of the oldest and most historic districts of
Istanbul, and is today an important commercial center and transport hub. The location is connected with the surrounding neighborhoods through streets originating from Karakoy Square. The
Galata Bridge links Karakoy to
Eminonu in the southwest, Tersane Street to Azapkapi in the west, Voyvoda Street to Sishane in the northwest, the steeply sloping Yuksek Kaldirim Street to
Beyoglu in the north, Kemeralti Street and Necatibey Street to
Tophane in the northeast.
The commercial quarter, which was originally the meeting place for banks and insurance companies in the 19th century, is today also home to mechanical, electrical, plumbing and electronic parts suppliers.
Source: http://en.wikipedia.org/