New York City

History of New York City

by NYTP Staff

The city of New York was discovered in 1524 when Giovanni da Verrazano, an Italian navigator came to the city. The city has been the center of politics, industry, finance, culture and transportation since the Dutch came here in the 17th century and settled down. This colony was taken over by England later on. It finally gained independence during the American Revolution.

Within a few years of independence the British soldiers left the city. George Washington was appointed the first president of the USA. In the early 1800s New York became a great economic power. The New York stock exchange was inaugurated with great success. The growth of the city was further accelerated by the Erie Canal. It gave businessman an opportunity to send goods and services out of the city and soon the ports of the city became the busiest in the world.

Just before the year 1900 the five boroughs of the city came into existence: Staten Island, Queens, Brooklyn, the Bronx and Manhattan. The 1900s was a time of skyscrapers, prosperity and war in the country. The city of New York has made rapid strides since then and is now the nerve center of the country. It is the leader in commerce and banking, manufacturing, foreign trade, theatrical production and book publishing. Its airport John F. Kennedy airport is one of the busiest airports in the world. There is also the New York stock exchange, the largest stock exchange in the world that is located there. The city is also a major tourist attraction and offers some of the most spectacular sights in the world.

Today New York is one of the most prominent cities in the world. It houses the headquarters of the UN and some of the wealthiest and powerful people have their home here.

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