The street along the bottom of the photo is Houston Street and the street where the yellow cab is turning into is West Broadway. SoHo (short for South of Houston Street), a highly desirable shopping district, begins here.
New Yorkers like to give acronyms to the districts in the city like NoHo (North of Houston Street), Nolita (North of Little Italy), Tribeca (Triangle Below Canal Street) and DUMBO (District under the Manhattan Bridge Overpass).
So does your city have an acronym?