Final answer:
The Dutch settled the colony of New Netherland in 1625, which was later taken over by the English and renamed New York. This colony was significant for the English in terms of expanding their empire and increasing their commercial prospects.
Step-by-step explanation:
The Dutch settled the colony of New Netherland in 1625. This colony was significant to the English who took control of it in 1664 because it provided them with a strategic location for expanding their empire and increasing their commercial prospects. The English renamed the colony New York, which became a major center of trade and commerce in North America.