[9][10] Gould was educated at Columbia College, where he matriculated with the class of 1894 but did not graduate, according to official records.

The yacht was designed and built by the Herreshoff Manufacturing Company in Bristol, Rhode Island.

[1] Gould also owned a large steam yacht, also called Niagara, which was built in 1898 by Harlan and Hollingsworth in Wilmington, Delaware.

[18] Built in 1891 by Herreshoff for media magnate William Randolph Hearst, the yacht was well-publicized due to her racing pedigree and a series of high-profile speed trials against other yachts around New York City in the early 1890s.

[29][30][31] Despite the allegations leveled at his wife in the divorce proceedings, Gould was ordered to pay $36,000 per year in alimony (approximately $1,221,000 today).

[1] In 1901, Gould purchased undeveloped land in Sands Point to build a new home for his wife Katherine Clemmons.

The first and second floors measure over 1 and 1/2 acres and the home, which Gould called Hempstead House, was an exact copy of Kilkenny Castle in Ireland.

In 1971, Nassau County took over a 128‐acre portion of the estate from the Federal Government to be used as a nature preserve.