Ulitsa Novy Arbat was developed in the 1950s and was originally known as Prospekt Kalinina, which also incorporated Ulitsa Vozdvizhenka. In the 1990s the part of Prospekt Kalinina between Arbatskaya Ploschad and the Garden Ring was renamed Ulitsa Novy Arbat (New Arbat Street). Although with its ugly rows of office blocks New Arbat is nowhere near as attractive as its older neighbour, it still brings in the crowds with its bars and restaurants. The largest bookshop in Moscow can also be found here.

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