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
Museum of the City of New York nevertheless, the building was dedicated on January 11, 1932. On January 24, 1967 the museum building was designated a New York City landmark. In 1982, the Museum received The Hundred Year Association of New York's Gold Medal Award "in recognition of outstanding contributions to the City of New York." In 2000, the Giuliani administration told the museum that it could relocate to the historic Tweed Courthouse near City Hall in Lower Manhattan. El Museo del Barrio would then have moved across the street to occupy the current Museum of the City of New York building. This decision was overturned by