Bucharest has hundreds of old historical buildings. Some were lucky enough to receive a “historic monument” status, others were not so lucky and were (or are) being demolished to make room for the very hungry real estate business.
Many historic buildings with magnificent architecture are sitting abandoned, neglected, in a state of decay, even despite being declared monuments.
The Palace of the National Insurance Company (Palatul Societatii de Asigurari “Nationala”) was built in 1886, originally meant to serve as headquarters for the National Insurance Company, however in time it became the location for various businesses.
The original structure had two stories; a few decades later additional stories were built and the facade was modified.
After 1989, it was virtually abandoned. Despite the obvious decay, one can still see through its past glory…
Photo source: www.reptilianul.blogspot.ro
A reminder of Bucharest in its golden days – old Bucharest footage