OREANDA-NEWS. March 18, 2010. Mayor Yuri Luzhkov has approved a draft law aimed at transferring the building possessed by the city of Moscow into the ownership of the Nizhny Novgorod region.

According to the document, House of Moscow leisure and cultural centre located in Balakhna town within the Nizhny Novgorod region will be handed over to the local authorities without compensation.

The total area of the building is 3,875 square metres.

When the law takes effect, the Property Department of Moscow will exclude the mentioned structure from the list of Moscow’s belongings.