Built in the late 1920s, this house was originally the residence of banker Dimitar Ivanov and his wife Nadezhda Stankovic. The interior features a striking red marble fireplace in the reception room, as well as a stage for musical performances and crystal-adorned interior doors.
The house has several bedrooms, elegant terraces, a spacious study and various utility rooms. Although the original furnishings have been lost, historical records indicate that the elite Sofia residents of the time preferred Central and Western European furniture.
The exterior of the property features a large front garden bordered by an ornate wrought iron fence. A large triple staircase leads to the main entrance, and the property is also characterized by carriage portals that flank the courtyard.
These portals are reminiscent of a bygone era where one can imagine a horse-drawn carriage driving into the courtyard, while the horses and carriage wait in a specially designated area behind the house until the end of the reception.
The Ivanov family enjoyed their residence until 1944, after which the estate was nationalized. At first it served as the Romanian embassy, later as the USSR’s trade mission in Bulgaria and as the headquarters of various communist organizations with unclear functions.
In the 1990s the house was returned to Ivanov’s heirs. In 2004 it was taken over by Valentin Zlatev, director of Lukoil. Despite this change of ownership, the property, which had fallen into disrepair for decades, remains neglected and abandoned, with no apparent connection to its cultural heritage.
Three of the biggest producers of eIectric vehicles are reportedly set to pump the brakes on production, citing a bad economy and…
Three of the biggest producers of eIectric vehicles are reportedly set to pump the brakes on production, citing a bad economy and higher interest rates thanks to Joe Biden’s bad economic poLicies.
Tesla, General Motors, and Ford all have said they plan to slow production essentially until the economy shows some signs of settIling down. Tesla CEO Elon Musk joined General Motors and Ford in voicing concerns that high-interest rates on car purchases would prevent borrowers from securing financing for expensive electric vehicles. Musk said, People hesitate to buy a new car if there’s uncertainty in the economy. I don’t want to be going into top speed into uncertainty.
Musk also is pIanning to take a wait-and-see approach to the economy before ramping up the planned Tesla factory in Mexico. Musk’s comments came after poor quarterly results across the board.
Not only were Tesla’s sales down, but so were earnings per share and vehicle production.
General Motors, for their part, has plans to delay production of the electric Silverado and GMC Sierra pickup trucks by a year, citing flattening demand for the electrified vehicles.
Over at Ford Motors, they are cutting one of the three shifts that currentIy builds the electric F-150 Lightning pickup truck. The automaker made this decision following a summer where they took some of the focus off of electric, instead looking toward commercial fIeet vehicles and hybrids.
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