John Cabot did not explore land that would eventually become New York.
John Cabot was a Venetian explorer and also a navigator. He was inspired by other navigators such as Christopher Columbus and Bartholomeu.
When he arrived in Northern America, he laid claim to land in Canada. He had even mistaken this place to be Asia. The land he discovered was under the ruling of the King of England. This was one of the reasons for the British takeover in North America.
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