This house is one of the cornerstones of the new district to the south of the city centre, which was built in the 1930s. As the area was still undeveloped, it was possible to build a wide street. This allows the buildings to have a greater impact and also leaves room for greenery and trees.
The client for the construction was the Novi Sad Merchant youth. An institution to raise the level of training professions. The chairman of the Merchant youth was Nikola Tanurdžić, who was also interested in the latest developments in architecture.
The first plans for such a building were drawn up in 1930, with the intention of adding shops on the ground floor. However, the second design was realised one year later. It is assumed that the left wing of the building is missing due to cost-cutting measures. A house for young tradesmen was to provide the best training for apprentices. In addition to flats, the building also housed a library and classrooms. The original statue of Mercury, god of traders, on the roof is no longer there.
In 1946 the house was nationalized and the rooms transfered into apartments.
In the 1960s, a new building was erected on the left. At the same time, the small windows on the top floor, which had probably previously been used as an attic, were replaced by large windows, creating another full floor.