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In its first three centuries, from the
mid-fifteenth century to the mid-eighteenth century, the palazzo
was shared by various branches of illustrious Venetian families:
the Marcello, Gussoni and Cavalli families.
In the1840s, Archduke Frederick of Austria reunited the property
and embarked on a complex modernisation project which was to give
the palazzo its distinguishing air of modernity. In 1847 the palazzo
was bought by the Count of Chambord - Henry V to the French legitimists-
who entrusted restoration work to Giambattista Meduna.
In 1878 Baron Raimondo Franchetti bought the building, which remained
in his family until September 1922 when it was sold to the Istituto
Federale di Credito per il Risorgimento delle Venezie by Franchetti's
widiw, Satrah Luisa De Rothschild. It was in this period that the
name of the architect Camillo Boito was first associated with the
palazzo. He carried outmajor alterations and designed the monumental
staircase.
On 8 September 1999, the Istituto Veneto di Scienze, Lettere ed
Arti took over the Palazzo Franchetti with the aim of making it
one of the most active and prestigious centresof cultural life in
the city and the country.
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