City of New York
New York City or City of New York is the largest and most populous city in North America. It is the second largest city in terms of GDP and can be called as the economic capital of USA. Being the city that headquarters United Nations, giving a notion that it can even be referred as “World capital”. It is the capital of New York State, one of prominent and prosperous state in US.
New York City which was originally known as New Amsterdam, has been the prominent settlement area of Europeans from 1600s. Initially it was ruled by Dutch under Dutch East India Company. Later in 1664, the English captured it from Dutch and renamed it as New York. During 1700s, the city became a hub of trade and slavery became very common. Later, in American Revolutionary war, this city has played an important role. The Battle of Long Island (1776), the biggest war in American Revolution took place in Brooklyn, New York. Soon after getting the independence, the city started growing as an industrial and trade hub. This lead to large scale immigration to the city, from across the world.
New York has a population of 8.4 million per 2014 estimate. The GDP of the city is calculated to be US$ 1.55 trillion per CSA estimate. If you compare this with the GDPs of countries, then it stands 12th. So this gives, the clear picture of the financial turnout of this big city. The city has been divided into 5 boroughs for administrative purpose. That are namely Manhattan, The Bronx, Brooklyn, Queens, and Staten Island. As an industrial and business hub, the city headquarters many of the global business houses such as JP Morgan Chase, City group, AIG, American Express, Goldman Sachs etc. The largest stock exchanges in the world, New York Stock Exchange and NASDAQ are housed here. Wall Street, the street these exchanges occupy, is a symbol of business across the world.
New York City has something for everyone who comes to this city.
The list is not limited to these. A city which is known as City of Skyscrapers, The City of Dreams, The City That Never Sleeps, The Capital of the World, has always something more than everyone expects.
12 Months Ago, Thursday, February 18, 2016, 07:47:46