From 1841-1847, the composer and founder of the Vienna Philharmonic, Otto Nicolai, lived in this palace.
Towards the end of the 19th century, Simon Georg, Commander of Sina (1783-1856) owned the property.
In 1965, this palace, with its Baroque facade and lattice balconies overlooking Seilerstätte, which were added in 1872, was converted into an international cultural centre and student residence, and the building even housed a small theatre. Its final refurbishment took place in 2000, when it became the home of the "Haus der Musik" Sound Museum.