New York City the city is home to the world's two largest stock exchanges by total market capitalization, the New York Stock Exchange and NASDAQ. In 1664, the city was named in honor of the Duke of York, who would become King James II of England. James's older brother, King Charles II, had appointed the Duke proprietor of the former territory of New Netherland, including the city of New Amsterdam, which England had recently seized from the Dutch. During the Wisconsinan glaciation, 75,000 to 11,000 years ago, the New York City region was situated at the edge of a large ice sheet over
History of New York City (prehistory–1664) as a city and to incidentally allow New York to celebrate its 350th anniversary just 11 years after its 300th. The English renamed the colony New York, after the king's brother James, Duke of York and on June 12, 1665, appointed Thomas Willett the first of the mayors of New York. The city grew northward, remaining the largest and most important city in the colony of New York. History of New York City (prehistory–1664) The history of New York City has been influenced by the prehistoric geological formation during the last glacial period of the territory that is today New