It's 1900 and this is Mulberry Street in Manhattan, the heart of the Italian community which had recently immigrated to the United States. The photo appears to be colorized. The photographer must be standing on some vehicle or structure and you can see the people in the foreground staring at him. This is the street on which some of the scenes in The Godfather I and II are set. In fact, young Vito Corleone appears to be in the picture, just above the right shoulder of the woman with the yellow shawl in the center front. He's behind another child just behind her. Also note that the street is paved. For that, you can thank Edmund de Smedt and Nathan B Abbott. (from Twisted Sifter).