This was built in the late 1850s, and was designed to be something of a shopping mall before the term was used. By 1900, members of Vienna's High Society used to walk around and mingle here.
As for the building, it started out as a bank and as the home for the Vienna Stock Exchange. It's interesting to note that the designer, Heinrich Freiherr von Ferstel, currently lent his name to the passage, but it wasn't his idea. The public started calling it by this name in the 1980s.
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