New York City York metropolitan area produced a gross metropolitan product (GMP) of US$1.73 trillion. If greater New York City were a sovereign state, it would have the 12th highest GDP in the world. New York City traces its origins to a trading post founded by colonists from the Dutch Republic in 1624 on Lower Manhattan; the post was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed "New York" after King Charles II of England granted the lands to his brother, the Duke of York. New York served as the capital of
Demographics of New York City and "Other Hispanic or Latino" (1,165,576 or 14.0%). According to the 2006-2007 "Center for Latin American, Caribbean & Latino Studies": White Americans make up 44.6% of New York City's population. According to the survey, there were 3,704,243 White Americans residing in New York City. White Americans of non-Hispanic origin make up 35.1% of the city's population. There are 2,918,976 non-Hispanic whites residing in the city. Much of New York City's European American population consists of individuals of Italian, Irish, German, Russian, Polish, English, and Greek ancestry. There is a considerable Bulgarian population in New York. Bulgarians migrated in New York