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Old growth forests are often more ecologically valuable because they provide Habitat.
Explanation:
Old growth Trees are the trees that never faced any disturbance or shifting from one place to another. They grow where they were sown without any hurdle. Whereas the second growth forests consists of trees which faced disturbance of either shifting or cutting, etc.
Ecologically, old growth trees are more valuable because they provide habitat. Habitat is the atmosphere or natural environment where organisms or species live. Species make such places their habitat where they can find food, shelter, protection and mates to continue their reproduction process.
The habitats are found in the old growth trees in a range of tree sizes, large logs and trees with hollows. Its easy for organisms to live longer in the trees which encounter no disturbance and the natural environment continue to work.
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English colonists were looking for a new home, where they could support themselves (they had financial troubles back home) and maybe even become wealthy.
America was a good choice as it had a very small number of indigenous population, and northern America was not sucessfully claimed by Spain, so they were free to settle there and they decided to do so.