What is "palotanegyed"

Budapest's Palotanegyed (Palace District) forms a central district of Pest, the eastern half of Budapest. The area consists of the inner part of the city's Eighth District, or Józsefváros (Joseph Town), which was named in 1777 after the heir to the Austrian throne, Joseph, the later Emperor Joseph II (after whom Vienna's Eighth District, the Josefstadt, was also named in 1850). Józsefváros was earlier called Alsó-Külváros ("Lower Suburb").

The Palotanegyed's borders are the Múzeum körút to the west, Rákóczi út to the north, József körút to the east and Üllői út to the south.