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Terrace is located on the courtyard of the "Iron Man" palace from where you can see the clock tower of the cathedral from greatest proximity. The terrace is available to guests within the apartments Downtown Hostel Downtown Novi Sad respecting the house rules of the building. The terrace is the only smoking allowed area.

Hostel inside 108 years old Iron Man Palace.
The building on the corner of the Liberty Square, in which the hostel is located, is best known as the "Iron Man Palace", because of the knight in armor at the top of the building. The palace was the home of the magistracy before the Revolution of 1848. During the bombing of the city, on June 12, 1849 the building was partially destroyed, so the magistracy remained here only until 1852. The "Iron Man" refers to the armor of a medieval knight found in the original two-storey building built on the Liberty Square during the 19th century. The original building was destroyed and a new one was built in its place between 1908 and 1909. The "Iron Man" was preserved and located in a special place at the top of the building. Both the original and the new building are known as the “Iron Man House” or the “Iron Man Palace”.
The “Iron Man Palace” is a two-storey building built in the secession style. It got its present looks in 1908. The ground floor is occupied by offices, and the first floor is the residential area. On the ground floor there is a line of simple, both single- and double winged windows. The first floor windows have a Gothic structure (single-winged windows put together to form a kind of bifora). On the corner of the building, near the top, there is a niche in which the “Iron Man” is located. Behind the niche there is a small dome.