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
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