King Christian V gave the site to Ulrik Frederik Gyldenløve on March 22, 1669. The article credits Ewert Janssen as the probable architect of the main and lateral wings, which were built from 1672 to 1677, and Lambert van Haven as the designer of the rear wing. The infobox says construction started on April 3, 1673.
The article calls the style Dutch Baroque with some Italian influence. It has four wings, three stories and a central projection with Corinthian pilasters. A rear wing of three pavilions has a Tuscan arcade and a copper-roofed lantern.
Gyldenløve sold the palace in 1700 to the dowager queen Charlotte Amalie, who renamed it Charlottenborg. The art academy began operating there in 1701. It now houses the Royal Danish Academy of Fine Arts and Kunsthal Charlottenborg.
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