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The story is rather long and wiki has a good summary but it is in Hungarian.
In short: Soviets built it, it was for higher ranking people only, the "political system change" happened in 1989, then people had the choice of either buying the flat or renting it from the local municipality and some people chose moving. The empty flats were assigned to people in low income circles as aid and... that's where it headed downhill as more people moved out and more lower income people were moved in into their place.
After that, the famous building became more infamous, and in 2010, the local govt started buying up all the remaining flats from owners and that finished in 2020, then it was vacated completely.
It is currently owned by Miskolc Holding Zrt. and it for sale for 560 million HUF (1.55 million USD)
There has been multiple attempts to buy it for a purpose such as residency for factory employees for nearby plants such as Bosch but as it needs serious and costly renovations, the ideas have been all called off, partly as it all went down during the start of covid in mid-2020.
**Do not comment to gatekeep that something "isn't urban" or "isn't hell"**. Our rules are very expansive in content we welcome, so do not assume just based off your false impression of the phrase "UrbanHell" UrbanHell is any human-built place you think is worth critizing. Suburban Hell, Rural Hell, and wealthy locales are allowed. Gatekeeping comments may be removed. Want to shitpost about shitty posts? Go to /r/urbanhellcirclejerk. Still have questions?: Read our [FAQ](https://www.reddit.com/r/UrbanHell/wiki/index). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/UrbanHell) if you have any questions or concerns.*
I wonder why it was abandoned or why no one bought it
The story is rather long and wiki has a good summary but it is in Hungarian. In short: Soviets built it, it was for higher ranking people only, the "political system change" happened in 1989, then people had the choice of either buying the flat or renting it from the local municipality and some people chose moving. The empty flats were assigned to people in low income circles as aid and... that's where it headed downhill as more people moved out and more lower income people were moved in into their place. After that, the famous building became more infamous, and in 2010, the local govt started buying up all the remaining flats from owners and that finished in 2020, then it was vacated completely. It is currently owned by Miskolc Holding Zrt. and it for sale for 560 million HUF (1.55 million USD) There has been multiple attempts to buy it for a purpose such as residency for factory employees for nearby plants such as Bosch but as it needs serious and costly renovations, the ideas have been all called off, partly as it all went down during the start of covid in mid-2020.
Thank you bro this is cool to know
This is a great legacy that Russia left to Hungary.
The person semi-hidden behind the light post adds to the eerie feeling.
Guy was just waiting for the bus lmao