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) 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 York City. The area was long inhabited by the Lenape; after initial European exploration in the 16th century, the Dutch established New Amsterdam in 1626. In 1664, the English conquered the area and renamed it New York. Archaeological excavations indicate that the first humans settled the area as early as 9,000 years ago. The area was abandoned, however, possibly because the warming climate of the region lead to