Owned originally by local architect V. K. Goldenstedt, the building on the corner of Svetlanskaya and Aleutskaya Streets served as one of Vladivostok’s best-known hotels for many years.  It was opened as the Central Hotel and kept that name until the Revolution, when it was changed to the Zolotoy Rog (Golden Horn) hotel.  The ground floor was used for the offices and pharmacy of the Waldecker and Peppel Company, which had affiliates all over Russia and abroad.   When the construction of the building began in 1907, one of the local newspapers wrote that the furniture of this hotel would eclipse that of all existing hotels in Vladivostok.