If you walk from the 'Kitay-gorod' metro station towards Varvarka, you can notice an interesting building on the hill with large windows and smooth lines of balconies. It seems to reach upwards, following the curve of the street and the hill.

On September 24, 1903, the newspaper 'Novosti Dnya' reported: 'A 5-story building of the Moscow Insurance Society has been opened on Old Square, designed by academician of architecture F.O. Shekhtel. The facade is faced with glazed gray-green bricks, and the main vestibule is decorated with a stained glass window depicting the Kremlin at sunset. A significant part of the building has been leased to the Bogorodsk-Glukhov manufactory. The first three floors and basements are intended for commercial premises and offices, while the fourth and fifth floors are occupied by the hotel 'Boyarsky Dvor'.'

The building is located along the Kitaygorodskaya wall. From the square, only the upper floors are visible, so Shekhtel decided to give the house the appearance of an ancient fortress. It peeks out from behind the massive wall, like an old castle with towers and balconies.

Shekhtel adorned the attic and upper floors of the building; the bay windows with turrets resemble the towers of a castle, decorated with stucco. The Moscow Insurance Society was the client for the building, which combined representative, commercial, and exchange functions. It was meant to attract attention and serve as a business card for the owners and tenants. The MISO was a major client with a strong financial base. The initiator of the construction was S.I. Morozov, and a significant part of the building belonged to his Bogorodsk-Glukhov manufactory, which needed representation in Moscow. In 1901, the first part of the building was completed, and the net income amounted to over 42 thousand rubles.

'Boyarsky Dvor' became one of F.O. Shekhtel's outstanding works, for which he received the title of academician of architecture. Now the building is fully visible, and if you pay attention to the windows, you can notice that on the first floor, the large window openings almost do not show the lines of the frames, while above they become more noticeable, visually increasing the mass of the building upwards. The interior spaces were comfortable and elegant. In 1914-1915, Maxim Gorky stayed in one of the hotel rooms, where he was visited by Fyodor Shalyapin and Ivan Bunin. In the 1920s, the building was transferred to the Narcomzem. In October 1941, the middle part of the house was seriously damaged during the bombing of Moscow, resulting in the death of playwright A. Afinogenov.

During the Soviet era, the building housed the Central Committee of the CPSU, and now it is home to the Administration of the President of the Russian Federation.