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New York Real Estate
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Giovanni da Verrazano, an Italian-born navigator
sailing for France, discovered New York Bay in 1524. Henry
Hudson, an Englishman employed by the Dutch, reached the bay and
sailed up the river now bearing his name in 1609, the same year
that northern New York was explored and claimed for France by
Samuel de Champlain.
In 1624 the first permanent Dutch settlement was established at
Fort Orange (now Albany). One year later Peter Minuit purchased
Manhattan Island from the Indians for trinkets worth about 60
Dutch guilders and founded the Dutch colony of New Amsterdam
(now New York City), which was surrendered to the English in
1664.
New York's extremely rapid commercial growth may be partly
attributed to Gov. De Witt Clinton, who pushed through the
construction of the Erie Canal (Buffalo to Albany), which was
opened in 1825. Today, the 641-mile Gov. Thomas E. Dewey Thruway
connects New York City with Buffalo and with Connecticut,
Massachusetts, and Pennsylvania express highways. Two toll-free
superhighways, the Adirondack Northway (linking Albany with the
Canadian border) and the North-South Expressway (crossing
central New York from the Pennsylvania border to the Thousand
Islands), have been opened.
The great metropolis of New York City is the nerve center of the
nation. It is a leader in manufacturing, foreign trade, commerce
and banking, book and magazine publishing, and theatrical
production. A leading seaport, its John F. Kennedy International
Airport is one of the busiest airports in the world. New York is
also home to the New York Stock Exchange, the largest in the
world. The printing and publishing industry is the city's
largest manufacturing employer, with the apparel industry
second.
Nearly all the rest of the state's manufacturing is done on Long
Island, along the Hudson River north to Albany, and through the
Mohawk Valley, Central New York, and Southern Tier regions to
Buffalo. The St. Lawrence seaway and power projects have opened
the North Country to industrial expansion and have given the
state a second seacoast.
The state ranks seventh in the nation in manufacturing, with
805,200 employees in 2002. The principal industries are printing
and publishing, industrial machinery and equipment, electronic
equipment, and instruments. The convention and tourist business
is also an important source of income.
New York farms produce cattle and calves, corn and poultry, and
vegetables and fruits. The state is a leading wine producer.
Major points of interest are Castle Clinton, Fort Stanwix, and
Statue of Liberty National Monuments; Niagara Falls; U.S.
Military Academy at West Point; National Historic Sites that
include homes of Franklin D. Roosevelt at Hyde Park and Theodore
Roosevelt in Oyster Bay and New York City; the Women's Rights
National Historical Park in Seneca Falls; National Memorials,
including Grant's Tomb and Federal Hall in New York City; Fort
Ticonderoga; the Baseball Hall of Fame in Cooperstown; and the
United Nations, skyscrapers, museums, theaters, and parks in New
York City. |
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