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In February 2001, the structure was sold by the Hungarian government to the Italian Boscolo Hotels chain for US$8 million. The building was completely renovated and reopened on May 5, 2006 [3] as the New York Palace - A Boscolo Luxury Hotel, a 107-room luxury hotel, including the restored New York Café.
In 1978 the Boscolo Family opened its first Hotel in Sottomarina. During the following 40 years the business grew under the Boscolo Hotels brand and further openings and acquisition were made, including hotels in the main italian art cities ( Rome , Florence , Milan [ 1 ] ), Nice , Lyon , Budapest and Prague .
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The Combinos of Budapest are the second longest tramcars in the world. A characteristic vehicle of the Grand Boulevard is the tram no. 4 and 6, reaching Buda both in north (Széll Kálmán tér) and south Újbuda-központ (line 4) and Móricz Zsigmond körtér (line 6). The line dates back to 1887 and it has since extended to 8.5 km in length ...
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