In 1804, Alexander Hamilton, now a private citizen, was focused on increasing manufacturing in the greater New York City area. To that end, he helped to create the Associates of the Jersey Company which would lay the groundwork for modern Jersey City through private development. The consortium behind the company were predominantly Federalists who, like Hamilton, had been swept out of power in the election of 1800 by Thomas Jefferson and other Democratic-Republicans. Large tracts of land in Paulus Hook were purchased by the company with the titles owned by Anthony Dey, who was from a prominent old Dutch family, and his two cousins, Colonel Richard Varick, the former mayor of New York City (1789 - 1801), and Jacob Radcliff, a Justice of the New York Supreme Court who would later become mayor of New York City (twice) from 1810 to 1811 and again from 1815 - 1818. They laid out the city squares and streets that still characterize the neighborhood, giving them names also seen in Lower Manhattan or after war heroes (Grove, Varick, Mercer, Wayne, Monmouth and Montgomery among them).