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In January 1905, Douglas Robinson of Robinson, Brown, and Co. notified Henry Clay Frick that the southern half of the mansion was available for rent. In January 1879, Vanderbilt bought a land lot on the west side of Fifth Avenue between 51st and 52nd Streets. In part to slow the further commercial development of the avenue, George Vanderbilt developed the Marble Twins immediately across Fifth Avenue at the turn of the 20th century. Only Maria and George Vanderbilt continued to live in the southern portion of the house afterward, though they privately invited people to see the art collection. The southern section at 640 Fifth Avenue was a single-family unit, occupied by William Henry Vanderbilt, his wife Maria Louisa Kissam, and their youngest son George. Among the residents that moved to the area was William Henry Vanderbilt, who in 1877 inherited $90 million (equivalent to $2.377 billion in 2023) upon the death of his father, railroad magnate Cornelius Vanderbilt. It became known as the home of Henry Clay Frick, who renovated and rented the house from 1905 to 1913, when he built the Henry Clay Frick House, inspired by the Triple Palace and its art collection. William Henry was deeply involved in the mansion's construction, visiting the work site daily and observing the work ongoing at the Herter Brothers workrooms for hours at a time.

The Nashville Daily American described the northern section's decorations as being ornate but "less utterly utter" than those in the southern section. The northern section was slightly narrower than the southern one. The northern section contained a pair of units occupied by the families of two of Vanderbilt's daughters. However, the structure was a single mansion built at one time, Cost of Opening a Billiards Parlor with three residential units across two sections. Emily's and Margaret's sections of the house were designed in a less lavish style. Cornelius Vanderbilt III hired Horace Trumbauer to design another renovation for the house in 1916. The northern section of the Vanderbilt house was demolished in 1927, while the southern section was destroyed in 1947; both sections were replaced by high-rise buildings. Winter began destroying the northern part of the house in 1927 to make way for a thirty-story office building. The mother-of-pearl appeared to make the decorations glow whenever the room was illuminated. The drawing room measured 25 by 31 feet (7.6 by 9.4 m) and had red velvet walls with mother-of-pearl butterflies; a red carpet; and a ceiling mural painted by Pierre-Victor Galland.

The south side of the hallway led to the southern section's main dining room, which measured 28 by 36 feet (8.5 by 11.0 m) and had wood wainscoting, a fireplace with carved mantel, and tapestries and paintings. William Henry's section also included an elaborate dining room, library, parlor, and drawing room on the first floor, as well as bedrooms on the second floor for himself, his wife, and his youngest children. William Henry Vanderbilt's room, over the dining room, had polished brass and mahogany finishes. William Henry Vanderbilt wanted to build a large house for his wife, Maria Louisa Kissam, but this was delayed by a lengthy lawsuit over Cornelius's will. William Henry Vanderbilt owned and lived in the southern portion. Frick and his wife renovated the southern portion of the mansion at a cost of $100,000 (equivalent to $2,629,000 in 2023), with plans and construction oversight by Hunt & Hunt.

His youngest son George, who did not yet have a grand mansion of his own, had a future interest, which meant he would obtain the Triple Palace upon Maria's death. Here, appropriate answers must be provided to questions like "how to appeal to billiard enthusiasts", "how to attract people who like music" etc. Be willing to identify what competitors are not doing and how you can incorporate the solutions into your business. It had an exterior of brownstone, like the rest of the house, but the front elevation was not enclosed. Advertising your billiard parlor on local publications, encouraging more fans to like your Facebook page after using your services are few marketing strategies to deploy and state in your business plan. Don’t forget to state the nature of food and beverages that will be served. So, if you will be preparing the plan by yourself, here are vital things to include in the business plan. Business plans are developed for two major reasons: the first is to identify the amount of money required to establish your pool hall business and the second reason is to convince your investors about the viability of the business.