The previous house standing on this plot, an office building built up in 1971, was an important place in the Hungarian politics of culture, since many art organizations resided here. The massive, brutal building was called "Elizélt-palota" (Fouled-up Palace), by distortion of the Parisian Elysée Palace's name, because of its concrete-glass facade not really fitting into the downtown environment. Since the building lost its importance after the democratic transformation, the new owner decided on its demolition. The new block was developed after the plans of Frenchman Jean-Paul Viguier and the Hungarian Fazakas Architects. The 4+7 storied building is embraced by a diamond-shaped steel lattice, which was once compared to net stockings by György Fazakas. The net is flimsy at the bottom and denser on the upper facade, and is covered by glass scales in front of the office floors. It remains naked in front of the luxury flats of the uppermost floor. Here the facade glazing is more closed; it induces interesting lights and reflections on the lower floors. The central atrium of the building was to be a public place, but the noble gesture has not fulfilled the expectations, because the place on the third floor can not be reached easily.