 Jackson named the area in honor of the Battle of Vinegar Hill, the last battle of an Irish-English conflict.The Sands family, who had amassed a fortune as merchants and speculators, laid out their land, located west of Jackson's property, into blocks and lots for a community to be called "Olympia” as early as 1787.The brothers expected Olympia to become a summer retreat for New Yorkers because of its hilly topography, plentiful water, and refreshing breezes.