Park Royal Hotel Taksim

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/