Moscow sells a monument of constructivism of the Narkomfin Building
ARTinvestment.RU   22 июня 2016

The new owner of the dilapidated house-коммуны will be determined at auction August 19. The starting price of the monument of constructivism is to 101.4 mln. Offers from investors will be accepted until July 26

On the website of the Department of Moscow on competition policy, acting as the organizer of the auction, the following information about a unique item: the total area put up for auction of non-residential space in a residential building on Novinsky Boulevard, 25, p. 1 is 1,6 thousand square meters.

a six-story House of Narkomfin is an object of cultural heritage of regional value. Innovative residential house-коммуна was built in 1930 by architect Moses Ginzburg and Ignatius Milinis for employees of people's Commissariat of Finance of the USSR.

the Layout and content of the two sections was to facilitate the natural transition of residents to a new lifestyle and new values. In particular, the house had no kitchen (no life!), but there was a kindergarten and a library. The roof was designed for a joint sports and recreation.

the Building is located in a prestigious location — near the Garden ring, metro station "Barrikadnaya", next to "Novinsky passage". It is assumed that the investor wishes to convert the building into a hotel, apartment or business-центр. The starting price per square meter is 63 000. For comparison: the price of a meter of apartments on the nearby New Arbat is between 460 000 — is 7 times more expensive. Now, however, such comparisons are not very valid, because it is a comparison of prices in a modern complex in a historic building from 1930 with the wear and tear on the assessment of BTI 68 percent.

of Course, the monument is sold with encumbrances. It is impossible to demolish and build second "Novinsky passage". The new owner will be forbidden to carry out works that change the appearance, space-планировочные and design solutions, as well as the construction of objects of capital construction. For monuments of culture is common.

In General, the government's decision is welcome because unattended masterpiece of constructivism have long been destroyed in front of everyone.

Maria Onuchina, AI

Sources: tender.mos.ru