Erected on the former site of the first Hungarian Cultural Institute of 1924, the building by Schweger Associated Architects—opened in 2007—looks like a modern interpretation of the Bauhaus style. On its six floors are guest apartments, a library, seminar rooms, and the Moholy-Nagy gallery. The heart of the building is the glassed-in panorama room—used for lectures, conferences, concerts, film screenings, and readings— and the media façade.