Howard Beach was established in 1897 by William J. Howard, a Brooklyn glove manufacturer who operated a 150-acre (0.61 km²) goat farm on meadow land near Aqueduct Racetrack as a source of skin for kid gloves. In 1897, he bought more land and filled it in and the following year, built 18 cottages and opened a hotel near the water, which he operated until it was destroyed by fire in October 1907. He gradually bought more land and formed the Howard Estates Development Company in 1909. He dredged and filled the land until he was able to accumulate 500 acres (2 km²) by 1914. He laid out several streets, water mains and gas mains, and built 35 houses that were priced in the $2,500–$5,000 range.