"A New Steam Yacht Club. The First Of It's Kind In The World."
Much has changed in the 120 years since "robber baron", Jay Gould and a group of his friends founded the American Yacht Club in New York City. By 1887, clearly in need of a shore station, the club purchased "12 acres and some rocks known as Scotch Caps" from the Wainwright family at the tip of Milton Point in Rye, NY. The price was $6000 for what has become one of the outstanding locations on Long Island Sound.