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Notes on the Geography of Hungary: Pest of the Habsburgs: Photo 15

world pictures Hungary: Pest of the Habsburgs

On the western side of the square is this giant from 1898. Heathcote calls it a "magically monstrous creation." It was designed by the very prominent Miklos Ybl (1814-1891) and opened in 1905 as the city's stock and commodities exchange. After the Soviet takeover, the building became the Lenin Institute, then the home of MTV. (No, no, not that MTV. This would be Magyar TV.) Since then, there's been a scandal, with MTV selling the building in 2006 to a Canadian firm that hired Beyer Blinder Belle to produce a plan for adaptive reuse, only to find the new owner renting space back to MTV, which still needed a home.

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