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Peter Minuit purchased Manhattan from the Lenape Indians of Canarsie (now Brooklyn) in 1626 for 60 Dutch guilders or $24 worth of beaver pelts and trinkets.

Considered to be one of the best real estate deals in U.S. history- the island wasn't actually "owned" by the Lenape therefore everyone benefited from the transaction.

Lenape Indian caves still exist in Manhattan in Inwood Hill Park where there's also a rock commemorating the site of the Manhattan purchase.

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13y ago

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