Square in front of the Land Bank on the pedestal of polished black granite of a bronze bust of the famous Ukrainian writer Michael Kotsubynsky. Kotsiubynsky first monument was inaugurated October 5, 1929 at the trade union garden (now Shevchenko Garden). The monument was designed by sculptor Novoselskoho. Later, the monument would be moved to park at the corner of Pushkin and Chernyshevsky streets. During World War II monument was removed. November 6, 1957, at the same place opened a new monument to Mikhail Kotsiubynsky, designed by sculptor Kharkov NL Ryabinina.