Did you know that the Island of Manhattan,whose current land value is estimated at $1.4trillion was first purchased for $24?
The long and rich history of New York City's real estate market began in 1609 with its first European settlement. In 1626,the Dutch purchased the island of Manhattan, then known to the Dutch as New Amsterdam,from the indigenous Lenape tribe for 60 guilder's worth of beads and bottons famously estimated at about $24 in modern currency.

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