The city of Ithaca, is located at the southern tip of Cayuga Lake in New York. It has been named after the ancient island of Greece. The city was developed in 1795 as an agricultural center. In 1865, the Cornell University, founded by Ezra Cornell, inspired much of the growth of the place. There are two more colleges here — Ithaca College and Tompkins Cortland Community College. These colleges invite thousands of students to the city. The economy of the region depends a lot on tourism as it is located on the shores of the longest of the Finger Lakes — picturesque glacial lakes in west-central New York. There are some marvelous gorges formed by little creeks in the city, too.