The building was erected in the first half of the 20th c. In the second half of that century it was owned by Pessel Bałaban, a publisher. Its present-day appearance is a result of a reconstruction in 1912–1913 under a project designed by Karol Boublik, who was commissioned by Maurycy Wurm. This architectural monument (protection no. 768) features a unique interior staircase decorated with mosaics and artificial marble.