The Venice Blog

Nine of the 13 buildings included in the so-called cartolarizzazione 2005 have now been auctioned. With the cartolarizzazione, the city of Venice intends to sell the family heirlooms in order to reconstruct their finances. The most important of the building was the 16th century Palazzo Nani with somptuous 17th and 18th century interior decoration, located near the train station and acquired by the Alfaveneta group for 18,5 million Euro. Lagunare S.p.A. acquired the palaces Zaguri (10,6 million €) and Costa (7,8 million €), while the Palazzo Bonfadini with its 19th century interior frescoes was bought by Vettore s.r.l. for 9,5 million €.
The Venice blog fears that most of the buildings share the fate of other palaces, being converted into hotels without respecting the exigences of preservation.