Politics

Republican Party Rents Space in Central Yerevan for 250 Drams Per Square Meter - Hakob Karapetyan

Republican Party Rents Space in Central Yerevan for 250 Drams Per Square Meter - Hakob Karapetyan

Hakob Karapetyan, the press secretary of the Yerevan Mayor, wrote on Facebook: At the address 1/3 Buzandi Street, the municipality has previously leased spaces at quite interesting prices.

For instance, the Republican Party of Armenia (RPA) has rented a 494 square meter area at a rate of 250 drams per square meter. Imagine, in the very center of the city, just 100 meters from the Republic Square, near Vernissage, an office space for just 250 drams per square meter. For comparison, in Zeytun, I am renting an apartment for about 1800 drams per square meter. A regular house with modest 'European repair' and Soviet-style furniture. In Zeytun. It is said that the condition of the building on Buzandi Street is such that the rental price cannot be high. Okay, but here is another comparison: in the same building, another party — the Communist Party of Armenia — has rented space, paying four times more, 1000 drams per square meter.

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