Karaköy was once home to minorities in Istanbul. More importantly, it was a leading Ottoman economic center, where European and Turkish banks first established headquarters in the 1800s. Today, trade shops and fishmongers are found one within the other with galleries, cafes and historical sights.
Edging the water on the northern side of İstanbul’s Galata Bridge, Karaköy is an exciting and different district in Beyoğlu where tradesmen’s workshops share the narrow streets with chic cafes and small art galleries, and where bohemian& modern boutiques are side to side with traditional bakeries where you can try the mouth-watering baklava such as Karaköy Güllüoğlu. Street-art has been very popular in Karaköy. Some little streets give the impression of being in open-air galleries.