It was rated by Reyner Banham as one of the major architectural achievements of the 1920s in his Theory and Design in the First Machine Age and comparable in scale only to the Dessau Bauhaus and the Van Nelle factory in Rotterdam.
Rather than recant, on July 7 he shot himself at his desk at his apartment in Derzhprom at Dzerzhynsky Square (Dzerzhynsky Municipal Raion of Kharkiv city).
:For the "Palace of Industry" in Kharkiv, Ukraine, see Derzhprom