A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
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  Part I-Chapter 4 : New YorkCity Landlords  > The Goelets  :  Previous  1 -  2  - 3  Next

   Peter Goelet - New York City merchant and realtor 

The second richest real estate owning family of New York were the Goelets who like the Astors maintained huge tracts of Manhattan in their ownership for five generations. The Goelet family is much less known than the Astors, but their fortune and the fact that there were only few heirs in each generation, put them in the rank of America's first families in terms of wealth.
The progenitor of this family, Peter Goelet (1727-1811), was an ironmonger during and after the Revolution. Unlike John Jacob Astor, Peter Goelet was no immigrant but already had some pedigree; his grandfather Jacobus Goelet was raised by Frederick Philipse, the Manor Lord. With the profits made during the Revolution, Peter Goelet solidly established himself as a merchant in New York City and started to buy real estate in Manhattan

 

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