Constructed in the late 1890s, the French architect Paul Gottereau designed the CEC Palace. The palace is expected to be turned into an art gallery and was sold for more than $17.75 million in 2006 to the city council. The CEC Bank leases it back from the Council, but in the days of Ceauescus its sumptuous, marble-clad interior was paved over and is no longer available to the public.
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