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Horodecki financed the house's construction with borrowed money,<ref name="mirtu"/><ref name="KV"/> with the intent for it to be an [[apartment building]].<ref name="Horodetskyi">{{harvnb|Malakov|1999|p=?}}</ref><ref name="Touring Kyiv">{{harvnb|Malikenaite|2003|p=50.}}</ref> Each floor formed a single apartment, connected by an [[elevator]] and stairs.{{refn|The only exception to this was that the lowest floor of the building contained two separate apartments.|group=nb}} Horodecki himself occupied the fourth floor of the building, measuring at about {{convert|380|m2|sqft|abbr=on}}.<ref name="Horodetskyi"/>{{refn|His apartment is apt. No. 3, the main floor, if looking from the level of the Bankova Street.|group=nb}}
Horodecki bought the first lot of land on February 1, 1901, with construction work commencing on March 18 of that year. Construction of the exterior walls was finished by August 21, and the roof installed and all [[masonry]] work was completed on September 13.<ref name="Horodetskyi"/><ref name="Touring Kyiv"/> Due to the economic hardships within the [[Russian Empire]], the completion of the building was delayed. In May 1903, only one apartment on the lowest level and Horodecki's own apartment were occupied.<ref name="Horodetskyi"/> The total cost of the land and construction amounted to 133,000 [[Russian ruble#First ruble, Antiquity - December 31, 1921|rubles]].{{refn|This price is as of 1903. [https://web.archive.org/web/20170323182358/http://www.archives.gov.ua/Archives/index.php?ra27 Government Archive of the City of Kyiv] – [[Fonds|Fond]] No. 143, Series 2, File No. 520, Item No. 9. In the late 19th and early 20th century, one thousand [[Russian ruble]]s were worth about 24.89 [[gold]] [[troy ounce]]s, or roughly one million Russian rubles as of 2011 ({{harvnb|Malakov|1999}}).|group=nb}} In total, {{convert|1550|m2|sqft|abbr=on}} of land were used for construction of the building and cost a total of 15,640 rubles.<ref name="KV">{{cite web|url=http://old.kv.com.ua/index.php?rub=46&number_old=2984|title=The rebirth of the House with Chimaeras|accessdate=2006-07-14|first=Mikhail|last=Kalnitsky|work=Kievskie Vedomosti №179 (2984)|language=Russian|date=2003-08-19}}</ref> The projected annual profit from the rentals was 7,200 rubles. A cowshed was located on the premises due to Horodecki's insistence on fresh in-house milk,<ref name="mirtu"/><ref name="Touring Kyiv"/> though it was specifically placed in a way that the smell of the cows would not disturb the tenants. On a lot adjacent to the building, a miniature [[rock garden|alpine garden]] (approx. {{convert|320|m2|sqft|-2|abbr=on|disp=or}}) and a fountain were built.
[[File:Interior of House with Chimaeras.jpg|thumb|upright|A furnished interior room seen with elaborate decorations]]
Due to financial mismanagement which included his [[Safari]] hunting hobby,<ref name="mirtu"/> in July 1912, Horodecki pledged the building as a collateral against a loan taken from Kyiv Mutual Credit Association.<ref name="riddle">{{cite web|title=Riddle of House with Chimaeras|url=http://www.oldkiev.info/progulki_ulicami_Kieva/zagadka_doma_s_ximerami.html
===Ownership 1921–2002===
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