Palermo, Buenos Aires

Palermo is a neighborhood, or barrio of the Argentine capital, Buenos Aires. It is located in the northeast of the city, bordering the barrios of Belgrano to the north, Almagro and Recoleta to the south, Villa Crespo and Colegiales to the west and the Río de la Plata river to the east. With a total area of 17.4km2, Palermo is the largest neighborhood in Buenos Aires. As of 1991 it had a population of 256,927 inhabitants. It is the only barrio within the administrative division of Comuna 14.HistoryThe name of the district is derived from the still-existing Franciscan abbey of "Saint Benedict of Palermo", an alternative name for Saint Benedict the Moor. Saint Benedict the Moor lived from 1526 to 1589 and is a complementary patron saint of Palermo, the capital city of Sicily.In an alternative history of the name, a folk story supported by journalists, the land would have been originally purchased by an Italian immigrant named Juan Domingo Palermo in the late 16th century, shortly after the foundation of Buenos Aires in 1580. Juan Manuel de Rosas built a country residence there which was confiscated after his fall in 1852.