-y (3) Look up -y at Dictionary.com
suffix in pet proper names (e.g. Johnny, Kitty), first recorded in Scottish, c.1400; became frequent in Eng. 15c.-16c. Extension to surnames seems to date from c.1940. Use with common nouns seems to have begun in Scot. with laddie (1546) and become popular in Eng. due to Burns' poems, but the same formation appears to be represented much earlier in baby and puppy.
-y (1) Look up -y at Dictionary.com
noun suffix, in army, city, country, etc., from O.Fr. -e, L. -atus, -atum, pp. suffix of verbs of the first conjugation. In victory, history, etc. it represents L. -ia, Gk. -ia.
-y (2) Look up -y at Dictionary.com
adj. suffix, "full of or characterized by," from O.E. -ig, from P.Gmc. *-iga (cf. Ger. -ig), cognate with Gk. -ikos, L. -icus.