Among the residents that were affected by the depression was architect Benjamin Marshall, who was forced to sell his house to Nathan Goldblatt (of the Goldblatt's chain). As a result of this change of ownership, the Sheridan Shore Club was evicted from their headquarters in the lower floor of the Marshall Mansion. In 1937 the Sheridan Shore Yacht Club constructed a new clubhouse at Wilmette Harbor. The Goldblatt family offered to gift the former Marshall mansion to the village for use as a community center. However, the village declined their offer. The opulent mansion was ultimately demolished in 1949 and 1950.