This iconic, six-storey structure overlooks the bustling crowds of İstiklal Avenue. Originally built in 1827 as one of Istanbul’s earliest theatre halls, over time, the building transformed along with the city: first as a vibrant entertainment venue known as the ‘Palais de Cristal’ for its striking glass entrance, and later serving various commercial purposes. Throughout much of the 20th century, the building resonated with music, theatre, and cinema under various ownerships, until a devastating fire in 1999. Today, the ground level houses commercial shops, while the upper floors are privately owned and primarily used as offices. Two residential units on the second floor are being activated as exhibition spaces for the 18th Istanbul Biennial.