Support The Moscow Times!

Abramovich Buys Properties in Gorky Park for Modern Art Center

Part of the 8,500 square meter hexagonal pavilion, consisting of six sections built around a central courtyard.

Billionaire Roman Abramovich has bought a dilapidated pavilion in Gorky Park that will be renovated and used to house a modern art center run by his partner Darya Zhukova, a news report said Friday.

The Hexagon pavilion in Gorky Park and an unused building in the center of the park were sold as a single lot for 433 million rubles ($13.7 million), the Russian Auction House said on its website. The cost of restoration may run up to another $50 million before the sites are ready to house Zhukova's Garage Center for Contemporary Culture, Kommersant reported.

The Hexagon pavilion was built in 1923 and used initially as an exhibition center for Soviet agricultural machinery. The building was ravaged by a series of fires in the 1970s and 1980s and hasn't been used since, Lenta.ru reported.

The building has been granted cultural heritage status, and its restoration and maintenance are among the conditions of its sale, the auctioneers said.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more