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City Name :: New York City, NY
Population :: 8.3 million
Established :: 1734
New York NY

New York is the most populous city in the United States, and the center of the New York metropolitan area, which is one of the most populous urban areas in the world. A leading global city, New York exerts a powerful influence over global commerce, finance, media, culture, art, fashion, research, education, and entertainment. As host of the United Nations Headquarters, it is also an important center for international affairs.

 

Located on a large natural harbor on the Atlantic coast of the Northeastern United States, the city consists of five boroughs: The Bronx, Brooklyn, Manhattan, Queens, and Staten Island.

 

New York was founded as a commercial trading post by the Dutch in 1624. The settlement was called New Amsterdam until 1664 when the colony came under English control. New York served as the capital of the United States from 1785 until 1790. It has been the country's largest city since 1790.

 

Many districts and landmarks in the city are well known. The Statue of Liberty greeted millions of immigrants as they came to America in the late 19th and early 20th centuries. Times Square, iconified as "The Crossroads of the World", is the brightly illuminated hub of the Broadway theater district and is one of the world's busiest pedestrian intersections. Wall Street, in Lower Manhattan, has been a premier global financial center since World War II and is home to the New York Stock Exchange, the world's largest stock exchange by market capitalization of its listed companies.


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The region was inhabited by about 5,000 Lenape Native Americans at the time of its European discovery in 1524 by Giovanni da Verrazzano, an Italian explorer in the service of the French crown, who called it "Nouvelle Angoulême. European settlement began with the founding of a Dutch fur trading settlement, later called "Nieuw Amsterdam" (New Amsterdam), on the southern tip of Manhattan in 1614. Dutch colonial Director-General Peter Minuit purchased the island of Manhattan from the Lenape in 1626 for a value of 60 guilders (about $1000 in 2006); a disproved legend says that Manhattan was purchased for $24 worth of glass beads.
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