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 the New York City Subway History of the New York City Subway The New York City Subway is a rapid transit system that serves four of the five boroughs of New York City, New York: the Bronx, Brooklyn, Manhattan, and Queens. Its operator is the New York City Transit Authority (NYCTA), which is controlled by the Metropolitan Transportation Authority (MTA) of New York. In 2016, an average of 5.66 million passengers used the system daily, making it the busiest rapid transit system in the United States and the seventh busiest in the world. The first underground line opened on October 27, 1904, almost 35 years