USA HISTORY

Detailed explanation-1: -The colony of New Netherland was established by the Dutch West India Company in 1624 and grew to encompass all of present-day New York City and parts of Long Island, Connecticut and New Jersey. A successful Dutch settlement in the colony grew up on the southern tip of Manhattan Island and was christened New Amsterdam.

Detailed explanation-2: -In 1664, the English took possession of New Netherland from the Dutch, renaming it New York. Ownership of New York was valuable because of its location and status as a port of commerce and trade. This Oyster Island was granted to Captain Robert Needham by the colonial Governor of New York, Richard Nicholls.

Detailed explanation-3: -Thanks to the exploration of the area by Henry Hudson, the Dutch were able to claim what became New York as “New Netherlands”. The colony was first settled in 1614, when the Dutch established a fort, at what is present day Albany.

Detailed explanation-4: -In 1626, Peter Minuit, Governor of the Dutch West India Company bought the island of Manhattan from Native Americans for 24 dollars and founded a colony called New Amsterdam. The colony developed a profitable fur trade in the region with the Native American tribes.