Andrássy Avenue 2, Eclectic palace at Andrássy Avenue, Hungary
The Foncière Palace at Andrássy Avenue 2 is a corner building in early eclectic style, designed by Adolf Feszty and completed in 1882 for the Foncière Insurance Company. Its other address is Bajcsy-Zsilinszky Road 13. A Hermes statue, lost earlier, was returned to the building in 1990; the dome destroyed in the Second World War was not rebuilt.
The plot at Andrássy Avenue 2 first held a two-story corner building, which was to be demolished in 1872 for a four-story residential block by Miklós Ybl. The building committee rejected Ybl's design, and the land was sold to the Foncière Pester Insurance Company. That firm commissioned Adolf Feszty to build its headquarters, completed and opened in 1882. The dome was badly damaged in the 1944–45 Battle of Budapest and dismantled in 1947, the same year the building was nationalized.
The building sits at the start of Andrássy Avenue, a street recognized as a UNESCO World Heritage site, and shows how Budapest's architecture changed during the 19th century. Visitors walking by can see how the facade tells the story of the city's growth during that period.
The palace stands on the corner plot at Andrássy út 2, where the avenue begins at Bajcsy-Zsilinszky út; its two-storey corner front and dome-less roofline are best read from the opposite pavement. The building is a protected monument and part of the UNESCO-listed Andrássy út ensemble, so the exterior is the main thing to see; upper floors hold offices and flats.
The building's original dome was destroyed during World War II and was never replaced, which changed its roofline permanently. Inside, the green-painted cast-iron columns in the staircase from the 1880s show the craftsmanship of that era.
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