 When his term as senator expired, Schroeder retired from politics.There were several attempts by the Republican party to nominate him again for the posts of mayor of Brooklyn, governor of New York and mayor of Greater New York after the consolidation.However, Schroeder declined to run again, even though in 1896, Seth Low offered to forgo his own candidacy for the Citizens Union, should Schroeder be prepared to run against Robert Anderson Van Wyck for mayor of New York.