Answer:
As part of New Netherland, the colony was important in the fur trade and eventually became an agricultural resource thanks to the patroon system. In 1626 the Dutch bought the island of Manhattan from American Indians.[1] In 1664, England renamed the colony New York, after the Duke of York (later James II & VII.) New York City gained prominence in the 18th century as a major trading port in the Thirteen Colonies.
