Ferenc Domany and Bela Hofstatter were friends and colleges, working together on many projects in Budapest.

Ferenc Domany (April 30, 1899 - September 9, 1939) studied architecture in the Technical University in Budapest where he had the well-known Dezso Hultl as professor. He finished his studies and graduated in Berlin. He settled down in Berlin for years and designed hotels (Woga-Hotel 1927-1930, Autohotel 1929-30), office building, even a sport arena. In 1933 he moved back to Budapest and start collaborating with Bela Hofstatter. In 1939 he decided to move his location toLondon and he committed suicide.

Budapest has a number of fine examples of the modern style, many of them in the Ujlipotvaros neighbourhood, which was dominated by the designs of Bela Hofstatter and Ferenc Domany. They designed many modern residential buildings and cinemas (Ady, Lloyd/Duna es Brodway cinema.