The High Society Vanderbilt Family Ran Out of Money, Making Them Totally Broke

The Built a Palace in New York

Library of Congress / George Grantham Bain Collection

The Vanderbilts built a palace from the ground up in New York called the Cornelius Vanderbilt II House. The property had 130 rooms, of which one room was a two-story ballroom that seemed like a fairytale dream come true.

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