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
New York City Board of Transportation New York City Board of Transportation The New York City Board of Transportation or the Board of Transportation of the City of New York (NYCBOT or BOT) was a city transit commission and operator in New York City, consisting of three members appointed by the mayor. It was created in 1924 to control city-owned and operated public transportation service within the New York City Transit System. The agency oversaw the construction and operation of the municipal Independent Subway System (IND), which was constructed shortly after the Board was chartered. The BOT later presided over the major transfers of public transit