In 1626 Peter Minuit famously bought this with beads, trinkets & cloth worth $24; real estate has gone up since then
In 1626, Dutchman Peter Minuit stood at this spot (or somewhere close to it) and 
gave glass beads and other trinkets worth about 60 guilders ($24) to a group of ... 
thus performing the first shrewd real-estate deal of the Financial District.