New York City was first discovered by Giovanni da Verranzo in 1524. It was originally settled by the Dutch as New Amsterdam but was later captured by the English and renamed New York. By the late 18th century the city had over 60,000 inhabitants and industries like milling and shipbuilding were growing. In the early 20th century many iconic buildings were constructed including the Flat Iron Building, New York Public Library, and Woolworth Building. The subway system also opened in 1904, making travel around the expanding city easier. Today New York City is one of the most visited cities in the world with around 50 million visitors annually coming to see famous sites like Central Park, the Statue of Liberty, and Empire State Building as