I think a lot of it has to do with the fact that, for most visitors, Manhattan is basically midtown--and they've certainly seen pictures of the financial district even if they've never gone down there. Even for a lot of residents, Manhattan effectively ends at around 100th Street or so. (I've been going to Manhattan all my life and even lived there for a summer and I've never been north of Central Park except to drive into the city and to visit The Cloisters once.)
2. The population of NYC has increased quite a bit since 1930.