William K Vanderbilt's Former Mansion Auctioned Off

The transcript describes the history of a Long Island estate, once owned by William K. Vanderbilt and later occupied by the Royal Fraternity of Master Metaphysicians. After the fraternity's collapse, the estate's furnishings and equipment were auctioned. The estate, known as Idle Hour, was a significant social hub and featured rare art and decorations. Despite its grandeur, the auction yielded modest returns.

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