The building was entirely reconstructed by its new owner, with demolition works starting in February 1976, on a design by architect Wladimir Lentzy that only kept from the prior structure the street facades as well as the façades of the westernmost inner courtyard. The  opened on  with 240 antiques shops on three levels, namely a basement, the street level and the first floor.
The new owner began a complete renovation of the building in February 1976 following architect Wladimir Lentzy's design. Only the street facades and those of the westernmost inner courtyard were retained from the previous structure. The opened on with 240 antique shops distributed across three levels: basement, street level, and first floor.