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World's Most Beautiful Buildings

Gresham Palace, Budapest, Hungary

Courtesy of Four Seasons Hotel Gresham Palace

Gresham Palace, Budapest, Hungary

A $125 million restoration brought this 1906 gem by Art Nouveau architect Zsigmond Quittner back to life. Originally built as a status symbol for the Gresham Life Assurance Company of London, it was battered by WWII and abused by the Communists. Now it’s a Four Seasons Hotel, and a reconstruction of the dazzling, glass-covered shopping arcade—once a destination for Budapest’s elite—serves as the hotel lobby.

Serious Pastry: The Gresham has a new restaurant modeled on the café where the local intelligentsia used to argue over coffee and pastry.

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