Nevsky Prospect 86 is a neoclassical palace situated on the Nevsky Prospect in St Petersburg, Russia. It is also known as the Palace of Arts or the Palace of Zinaida Yusupova. The first palace on the site of the present palace was built in the middle of the 18th century, shortly after the founding of St Petersburg, by Prince Troubetzkoy. In the 1780s, his son, rebuilt and enlarged the original wooden structure in stone. At the end of the 18th century, the palace passed to the diplomat Prince Kurakin; it again changed hands during the first quarter of the 19th century, when it was sold to Colonel Fyodor Petrov-Solovovo. The new owner had the palace again rebuilt under the direction of the architect Mikhail Ovsyannikov. He created the neoclassical five columned centrepiece of the principal f