For a long time, Balat was inhabited mainly by Sephardic Jews. After the founding of the State of Israel in 1948, most of them emigrated to their new homeland. In recent decades, Balat has mainly become the residential area of poorer immigrants from Anatolia. Today, Turks, Kurds and many Roma make up the population who came from Thrace, Anatolia, East and Southeast Anatolia after the 1970s and have found their new home in Balat. The neighbourhood borders Fener to the east and the Golden Horn forms a natural border to the north. To the west is the Ayvansaray neighbourhood, which itself borders the Theodosian Land Wall. To the south is Draman, one of Istanbul's Islamic quarters.
Source: Wikipedia
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