Exchange Palace

The Tőzsdepalota, also known as the Exchange Palace, stands on the western side of Szabadság tér in Budapest's fifth district. Built between 1902 and 1907 to plans by Alpár Ignác, the building was once among the largest of its kind in Europe. It originally housed the Budapest Stock Exchange before later being used by various institutions, including the Lenin Institute and Hungarian Television. The imposing, sprawling structure has stood empty since 2009, and renovation work began in 2018 with the demolition of interior walls. The historic building, whose original splendor was long hidden by later alterations, is currently the focus of restoration efforts meant to bring back its original appearance.