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Financial hardship forced Charbles to mortgage Greystone Hall, risking his beloved estate to cover debts. As economic pressures intensified, he failed to keep up with payments, leading to the foreclosure and auctioning of the property. For nearly a decade, Greystone lay dormant and empty, its sprawling lands divided and sold off.
Revival and Legacy
In July 1942, the estate found new ownership when the family of the Rothschilds purchased Greystone Hall from the bank. Over subsequent decades, successive owners lovingly preserved the estate, ensuring that Greystone remains standing today. Once again a venue for weddings and special events, the mansion stands as a monument to ambition, resilience, and the tumultuous history of American industrialists.