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Moscow's Ostankino Estate Set for $1.8 Million Renovation

Ostankino Estate, a grand mansion in the north of the Moscow.

City Hall has put out a tender for the renovation of 18th-century Ostankino Estate, a grand mansion in the north of the capital, Moscow's competition policy department said Monday in an online statement.

Authorities will accept bids of up to 68.4 million rubles ($1.8 million) to do renovation work that will involve removing mold from paintings, restoring pillars and stoves, and repairing the stucco decoration in the estate's theater.  

Applications will be accepted until Sept. 9, 2014, with the winner to be announced a week later.

The renovation should take 15 months to complete, the statement said.

The estate, which was built in northeast Moscow between 1790 and 1799, served as an out-of-town residence for the Sheremetev family, one of Russia's most influential noble families at the time.

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