The Dutch bought Kioshk as a gift for Michael Reyniersz Pauw, who had helped found New Netherland. When the Dutch settled the area as part of New Netherland, the three islands in Upper New York Bay—Liberty, Black Tom, and Ellis Islands—were given the name Oyster Islands, alluding to the large oyster population nearby. The present-day Ellis Island was thus called "Little Oyster Island". Little Oyster Island was then sold to Captain William Dyre c.?1674, then to Thomas Lloyd on April 23, 1686. The island was then sold several more times, including to Enoch and Mary Story. During colonial times, Little Oyster Island became a popular spot for hosting oyster roasts, picnics, and clambakes because of its rich oyster beds. By the 1760s, Little Oyster Island became a public execution site for pirates, with executions occurring at one tree in particular, the "Gibbet Tree".