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THE DEVELOPMENT OF NEW YORK CITY Student’s Name Architecture, Building and Planning, “Your Home Town" Assignment, Date of Submission For more than 400 years, New York City (NYC) has been listed as one of the largest and oldest cities in the United States (U.S). Compared to other cities of the same caliber, NYC has been in a position to sustain population growth, expansion along with the assimilation of modern state-of-art technology in the contemporary world. The NYC has undergone numerous metamorphoses to become what it is today. In the early 1990s, the NYC population increased by 9% to make up a total of approximately 8 million residents. In the last five decades, the population has drastically grown more than any other metropolis in the U.S. Its strong economy enables the each employee to obtain more than $80,000 per year on the payroll, with Manhattan recording the highest wage limit, which is over $200,000 on the worker’s annual payroll. Initially, the modern New York was inhabited by the Lenape from on Algonquin, with the economic activities being hunting, fishing and farming, especially between Delaware and Hudson rivers. At the beginning of the 16th century, Europeans started exploring the region. The first Italian, Giovanni da Verrazano sailed along the coast of Atlantic. In 1624, the first European settlers settled, with the Dutch West India Company sending about 30 families to reside and work in a small settlement on Nutten Island. Following the settlement, the island was renamed to New Amsterdam, and is presently known as the Governors Island. In 1626, the governor of the settlers, Peter Minuit, bought a significant portion of Manhattan
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