Positioned on a single of the world's greatest normal harbors, New York City is composed of 5 boroughs, every single of which is a county of the Condition of New York. The five boroughs—Brooklyn, Queens, Manhattan, the Bronx, and Staten Island—were produced when regional governments had been consolidated into a solitary town in 1898. The town and its metropolitan spot represent the leading gateway for lawful immigration to the United States. As many as 800 languages are spoken in New York, making it the most linguistically diverse city in the world. New York is residence to more than three.two million citizens born outside the house the United States, the premier foreign-born populace of any town in the globe as of 2016. As of 2019, the New York metropolitan location is believed to make a gross metropolitan product (GMP) of $two. trillion. If the New York metropolitan region had been a sovereign condition, it would have the eighth-greatest financial system in the globe. New York is residence to the greatest quantity of billionaires of any town in the world.

New York City traces its origins to a investing put up founded on the southern suggestion of Manhattan Island by Dutch colonists in 1624. The settlement was named New Amsterdam (Dutch: Nieuw Amsterdam) in 1626 and was chartered as a city in 1653. The city arrived underneath English control in 1664 and was renamed New York right after King Charles II of England granted the lands to his brother, the Duke of York. new york classifieds was regained by the Dutch in July 1673 and was renamed New Orange for 1 calendar year and three months the metropolis has been continually named New York because November 1674. New York City was the cash of the United States from 1785 until finally 1790, and has been the premier U.S. metropolis given that 1790. The Statue of Liberty greeted millions of immigrants as they arrived to the U.S. by ship in the late 19th and early twentieth hundreds of years, and is a symbol of the U.S. and its beliefs of liberty and peace. In new york escort listings , New York has emerged as a international node of creative imagination, entrepreneurship, and environmental sustainability, and as a image of liberty and cultural diversity. In 2019, New York was voted the greatest town in the world for each a study of in excess of thirty,000 individuals from forty eight metropolitan areas throughout the world, citing its cultural diversity.

New York Town is a world-wide hub of business and commerce, as a middle for banking and finance, retailing, entire world trade, transportation, tourism, actual estate, new media, traditional media, advertising and marketing, lawful companies, accountancy, insurance, theater, fashion, and the arts in the United States even though Silicon Alley, metonymous for New York's broad-spectrum higher technology sphere, carries on to expand. The Port of New York and New Jersey is also a main economic engine, managing file cargo volume in 2017, over 6.7 million TEUs.

Numerous Fortune 500 firms are headquartered in New York Metropolis, as are a huge number of multinational corporations. One particular out of 10 personal sector work in the metropolis is with a international company. New York City has been ranked 1st among towns across the world in attracting capital, company, and vacationers. New York City's function as the leading world-wide center for the marketing sector is metonymously mirrored as "Madison Avenue".[350] The city's fashion industry gives roughly a hundred and eighty,000 personnel with $11 billion in once-a-year wages.

Other important sectors consist of health-related study and engineering, non-earnings institutions, and universities. Manufacturing accounts for a important but declining share of work. The city's apparel and garment business, historically centered on the Garment District in Manhattan, peaked in 1950, when a lot more than 323,000 personnel had been utilized in the sector in New York. In 2015, less than 23,000 New York Town inhabitants had been utilized in the manufacture of clothes, accessories, and concluded textiles, despite the fact that endeavours to revive the industry have been underway.Meals processing is a $5 billion industry that employs far more than 19,000 people.