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New York City is an established safe haven for global investors. [30] As of 2023, New York City is the most expensive city in the world for expatriates [31] and has by a wide margin the highest residential rents of any city in the nation; [32] and Fifth Avenue is the most expensive shopping street in the world. [33]
Founded as a trading post by colonists of the Dutch Republic in 1626, the city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, the Duke of York. New York served as the capital of the United States from 1785 until 1790. It has been the country's ...
New York City has more than double the population of Los Angeles, the nation's second-most populous city. With more than 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York City is one of the world's most populous megacities.
New York City – largest city in the state of New York and most populous city in the United States. New York City has been described as the cultural, financial, and media capital of the world, and exerts a significant impact upon the world's commerce, entertainment, research, technology, education, politics, and sports. If New York City were a ...
The government of New York City, headquartered at New York City Hall in Lower Manhattan, is organized under the New York City Charter and provides for a mayor-council system. The mayor is elected to a four-year term and is responsible for the administration of city government.
Also in the general neighborhood, Philadelphia placed 9th out of all American cities for many of the same reasons as New York. Buffalo, the only other Empire State entry, landed at a middling 45th
The New York State portion of the metropolitan area, which includes the five boroughs of New York City, the lower Hudson Valley, and Long Island, accounts for over 65 percent of the state's population. New York–Newark–Jersey City, NY–NJ–PA Metropolitan Statistical Area (19,043,386)
New York City was originally confined to Manhattan Island and the smaller surrounding islands that formed New York County. As the city grew northward, it began annexing areas on the mainland, absorbing territory from Westchester County into New York County in 1874 and 1895 . During the 1898 consolidation, this territory was organized as the ...