The New York Life Insurance Company assigned architect Alajos Hauszmann, to plan the company's hall building in Budapest.
Hauszmann, with Flóris Korb and Kálmán Giergl planned a four story eclectic palace, with a café on its ground floor.
The building and the café opened on October 23, 1894. The statues and other ornaments on the front side of the building, as well as the ground floor café's 16 imposing devilish fauns,
each one beside the café's sixteen windows, are the works of Károly Senyey. The building was nationalized during the communist era. After the collapse of socialism,
the palace was bought by Italian Boscolo Hotels in February 2001. The building was totally renovated, and reopened on May 5, 2006 as a 107 room luxury hotel,
with the Café, also totally renovated, on its ground floor.

-please see at original size-