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Built between 1904 and 1906, Gresham Palace sits at a site that was once home to the Nako House, a neoclassical palace that was built in 1827 and designed by architect Joseph Hild. The Gresham Life Insurance Company, a British company, took possession of the building in 1880.

Nako House wasn't grand enough for Gresham, which had decided to build its foreign headquarters here, so they demolished it and began to seek designs for a new building in its place.

The chosen design was by local architect Zsigmond Quittner and construction began on this Secession masterpiece in 1904, concluding a little more than two years later.

Originally, the palace served not only as an office building but also a home for wealthy British aristocrats connected with the company. During World War II, however, Soviet soldiers eagerly took up residence in the very opulent palace. Eventually, it fell into disrepair and served as an apartment building during the Communist rule of Hungary.

When democracy was restored, the national government presented the palace to the city of Budapest. In the early 21st century, it was purchased by the Four Seasons hotel chain and is now one of the city's finest hotels.
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Additional Photos by Ovidiu Sotiriu (Schnappilic) Gold Star Critiquer/Gold Star Workshop Editor/Gold Note Writer [C: 601 W: 51 N: 1104] (9682)
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