New York City
The Cross World Of Trade
New York City
• New York City also referred to The City of New York is one of the most
populous city in the United States and in metropolitan areas in the world.
• New York exerts a significant impact upon global commerce, finance,
media, art, fashion, research, technology, education, and entertainment.
• The home of the United Nations Headquarter
• New York is an important center for international affairs and is widely
deemed the cultural capital of the world.
• New York is well known to its nearly 50 million annual visitors.
• New York is a global hub of international business and commerce and is
one of three "command centers" for the world economy (along with London
History of New York City
• In 1524, it was inhabited by the Lenape Native
Americans at the time of its European discovery by
Giovanni da Verrazzano, a Florentine explorer in
the service of the French crown, who named it
"Nouvelle Angoulême“ (New Angoulême)
• In 1614, European settlement began with the
founding of a Dutch fur trading settlement, later
called "Nieuw Amsterdam" (New Amsterdam), on
the southern tip of Manhattan. 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.
• In 1664, the city was surrendered to the English
and renamed "New York" after the English Duke of
York and Albany. At the end of the Second Anglo-
Dutch War the Dutch gained control of Run (then a
much more valuable asset) in exchange for the
English controlling New Amsterdam (New York in
• In 1935 New York grew in importance as a trading
port while under British rule. The city hosted the
influential John Peter Zenger.
• In 1754, Columbia University was founded under
charter by George II of Great Britain as King's
College in Lower Manhattan.
• In 1765, the Stamp Act Congress met in New York
in October of 1765 as the Sons of Liberty organized
in the city, skirmishing over the next ten years with
British troops stationed there.
• In 1776, during the American Revolution, the
largest battle of the war, the Battle of Long Island,
was fought in August 1776 entirely within the
modern day borough of Brooklyn.
• In 1776, the only attempt at a peaceful solution to the war took place at the
Conference House on Staten Island between American delegates including
Benjamin Franklin, and British general Lord Howe.
• In 1783, the war ended.
• In 1785, the assembly of the Congress of the Confederation made New
York the national capital. New York was the last capital of the U.S. under
the Articles of Confederation and the first capital under the Constitution of
the United States.
• In 1789, the first President of the United States, George Washington, was
inaugurated; the first United States Congress and the Supreme Court of the
United States each assembled for the first time, and the United States Bill of
Rights was drafted, all at Federal Hall on Wall Street.
• In 1790, New York had surpassed Philadelphia as the largest city in the
• In the 19th century, the city was transformed by immigration and
• In the 1920s, New York City was a prime destination for African Americans
during the Great Migration from the American South.
• In the 1920s, New York City was a prime
destination for African Americans during the
Great Migration from the American South.
• By 1916, New York City was home to the
largest urban African diasporas in North
• In 1920, New York became the most populous
urbanized area in the world overtaking London.
• In 1930, the first Megacity in Human History.
• In 1950, the United Nations Headquarters
completed emphasized New York's political
influence, and the rise of abstract expressionism
in the city precipitated New York's displacement
of Paris as the center of the art world.
• In the 1960s, New York City began to suffer
from economic problems and rising crime rates.
• In the 1980s, the financial industry greatly
improved the city's economic health in the
• In the beginning of 1990, New York's
crime rate continued a steep uphill
climb through the decade.
• By the 1990 , crime rates started to
drop dramatically due to increased
police presence and gentrification and
many American transplants and waves
of new immigrants arrived from Asia
and Latin America. Important new
sectors, such as Silicon Alley, emerged
in the city's economy and New York's
population reached an all-time high in
the 2000 census.
• Sep 11 2001, the New York City was
attack by terrorist, nearly 3000 people
died in the destruction of the World
• A new One World Trade Center, a World Trade Center Memorial, and three
other office towers are being built on the site and are scheduled for
completion by 2014. The new World Trade Center site skyscrapers,
memorial, and a new transportation hub that are under construction at the site
will bring about a more modern Lower Manhattan and restore the skyline of New York