Robert Goelet (1841-1899)

Robert Goelet III, of 591 Fifth Avenue, New York City

Associated Houses

Southside

Newport

Robert Goelet House

591 Fifth Avenue

He was born at 5 State Street, New York City, that was then the home of his uncle, Joseph Ogden, and next door to No. 4 that was built by his grandfather Jonathan Ogden. He graduated from Columbia College (1860) and was admitted to the Bar of New York with the firm of DeWitt, Lockman & Kip, of which two of the senior partners (George Goelet Kip and George Gosman DeWitt) were his cousins. He retired in 1879, when he and his brother, Ogden, inherited the family real estate empire of 259-houses in Manhattan worth some $80 million by the time he died in 1899 - second in size only to the Astors. Between them, it was Robert who was credited as, "an uncommonly sagacious business-man". This made him a valuable addition to several boards including: the Union Trust; the New York Life Insurance & Trust Company; the Guaranty Trust Co.; the Bank of New Amsterdam; and, the Chemical National Bank.

Robert Goelet was described as, "clear-headed and keen-witted... a loyal New Yorker... a man of progressive ideas (who) pursued a policy of improving his properties in a manner which would beautify the city". He was "exceedingly public-spirited" and was a great friend to, and one of the original stockholders of, the Metropolitan Opera House. Aside from music, he had a passion for trotting horses and paid $1 million for his 306-foot yacht, Nahma, built in Glasgow by G.L. Watson. He kept a mansion at 591 Fifth Avenue, a country estate at Tuxedo Park, and summered at Southside in Newport. He was, highly esteemed, and, "there was no trace of arrogance or selfish exclusiveness in his disposition". In 1879, he married Harriet Louise Warren, a great-granddaughter of one of New York's first five millionaires, Stephen Whitney. They had two children, of whom only their son, Bertie, lived to adulthood. Robert died on his yacht in the Bay of Naples, Italy. 
Contributed by Mark Meredith on 05/06/2019 and last updated on 18/01/2023.