That's what Edwin Burrows and Mike Wallace suggest in their 1999 book 'Gotham: A History of New York City to 1898'.
It comes from Corlaer's Hook, a neighbourhood in the Lower East Side of Manhatten, where a heavy concentration of prostitution developed around the shipyards as early as 1820.
Corlaer's Hook (from the Dutch word 'hoek' which stands for corner), was named after Jacobus van Curler AKA can Corlaer - a Dutch immigrant in the 1630's who had his farm there.
Holland only exports its best! :-)