Krausz Palace

The Krausz Palace (Hungarian Krausz-palota) is a protected historic palace at Andrássy út No. 12 in Budapest. The building, described as one of the most beautiful palaces on the boulevard, is located near the State Opera and, together with Andrássy út, belongs to the UNESCO World Heritage.

Location

The palace is situated in the first section of Andrássy út, between Bajcsy-Zsilinszki út and the State Opera, in the VI District of Budapest (Terézváros).

History

In place of the present palace there had already been a two‑storey building, which, however, had to give way to the street layout of the newly built Andrássy út. The Krausz Palace was erected in the years 1885–1886 according to plans by Zsigmond Quittner on behalf of the politician and royal councilor Lajos Krausz. The interiors were designed by famous Hungarian artists, such as the painter Károly Lotz. From 1888 the palace housed the famous Café Szalon and from 1922 to 1930 the Café Magyar Korona, where the most important contributors to the literary journal Nyugat met. After the Second World War the building became a police headquarters and fell into decay over the years. From 2021 the building is being thoroughly renovated and is expected to serve as an office building from 2022.