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
The Art Institute of New York City New York City was accredited by the Accrediting Council for Independent Colleges and Schools. The Art Institutes system is a subsidiary of Education Management Corporation, which is headquartered in Pittsburgh, Pennsylvania. The majority of the system's campuses are scheduled to close due to declining numbers of enrolling students. The Art Institute of New York City officially closed in 2017. The Art Institute of New York City The Art Institute of New York City was one of The Art Institutes, a system of over 44 education institutions throughout North America, providing education in design, media arts, and fashion. Founded in 1980