The name of the square literally means "Main Customs Square", as merchants have been selling their produce in the adjacent Grand Market Hall, dating back to the 1890-s. Next to the market is the University of Economics. The Liberty Bridge (Szabadság-híd) on the right leads directly to the Gellért Hotel and Baths on the Buda side. The Rock Chapel (Sziklakápolna), in the side of Gellért Hill, is also visible from here, as well as the Technical University of Budapest.
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