Höfði Höfði Höfði is a house in northern Reykjavík, the capital city of Iceland, built in 1909. Höfði is located at Félagstún. Initially, it was built for the French consul Jean-Paul Brillouin in Iceland and was the exclusive residence of poet and businessman Einar Benediktsson (1864-1940) for many years. It is best known as the location for the 1986 Reykjavík Summit meeting of presidents Ronald Reagan of the United States and Mikhail Gorbachev of the Union of Soviet Socialist Republics. That effectively was a step to the end of the Cold War. Within the building, the flags of the United States
Foreign policy of the Ronald Reagan administration the Communist Party was forced to surrender its 73-year-old monopoly on state power. Soviet hardliners rebelled and staged a coup against Gorbachev, but it failed. Boris Yeltsin rallied Russians in the street while Gorbachev was held hostage. By December 1991, the union-state had dissolved, breaking the USSR up into fifteen separate independent states. Boris Yeltsin became leader of the new Russia. In her eulogy to Ronald Reagan at his funeral, former British Prime Minister Margaret Thatcher, whom Reagan worked very closely with during his tenure in office, said, "Others hoped, at best, for an uneasy cohabitation with the Soviet Union;