Manhattan bought for $ 24

In 1602, the government of the Netherlands founded the United East India Company, tasking it with finding a northwest route to Asia and annexing open territories to the country. On September 3, 1609, the English navigator Henry Hudson, who worked for this company, approached the territory of what is now New York on his ship. He explored the coastline and on September 12, 1609, declared the land he discovered as the property of his employer.

Although no route to Asia was found, the lands discovered by Hudson proved to be some of the best in North America for the fur trade. The Europeans exchanged it for various household items from the local Indians. The Dutch province of New Netherlands was soon founded by about 30 families of settlers from Amsterdam. And in 1625 a large settlement grew into the first city called New Amsterdam.

And in 1626, the third director of the New Netherlands, Peter Minuit, made a historic deal - he bought the entire island from local Indians for things that then cost 60 guilders (about 24 modern dollars). The island was called Manhattan from the word manna-khata, which in one of the Algonquian languages ​​means "hilly or small island."

Half a century later, the British took the island away from the Netherlands. They renamed New Amsterdam New York, in honor of the Duke of York, the younger brother of King Charles II of England.

It is noteworthy that even during the American Civil War, the insurgent colonists were never able to capture Manhattan until the evacuation of British troops in 1783. Throughout the War of Independence, New York remained one of the main strongholds of the British.

Subsequently, New York has grown significantly and is now located on as many as 5 islands. Now Manhattan is the most expensive area in New York and the only one that does not have a main street (Main Street), behind there is the Statue of Liberty, the national symbol and city of the United States.

For reference: the current valuation of the island's land is roughly $ 49 billion.