The history of the building begins with the hotel – Badaev`s hotel, which was built in 1912 at his expenses. In the book "The Chernihiv - A Journey One Hundred Years Ago" historian Volodymyr Rudenok calls it the Alexandria Hotel. The hotel had a restaurant with professional chefs, a bath, electric lighting and a telephone. Later, another building with a bay window and a pediment was added to the building, over the pediment was a small tower with a dome.
In general, at the beginning of the twentieth century, Chernihiv had more than a dozen hotels with big names: Berlin, Marseille, Bristol, Hermitage, San Remo, Metropolitan.
In the 1920s, the hotel was turned into the "Palace of Labor". At the same time, the first loudspeaker in the city to broadcast a radio was installed on the building. During the Second World War, the building of the former hotel was damaged, later it was partially restored. The southern building was completely dismantled, and the third floor was completed above the surviving part.
Since 1992 the building housed the historical faculty of Lazarevskyi National University "Chernihiv Collegium".