Văcărești (Romanian pronunciation:[vəkəˈreʃtʲ]) is a neighbourhood in south-eastern Bucharest, located near Dâmbovița River and the Văcărești Lake. Nearby neighbourhoods include Vitan, Olteniței, and Berceni. Originally a village, it was incorporated into Bucharest as it expanded. Its name is related to the Wallachian aristocratic Văcărescu family, with an etymology leading back to the Romanian văcar, "cow-herder," and the suffix -ești.
In the 19th century, many Jewish immigrants settled in Văcărești, most of them coming from Imperial Russia. Văcărești and Dudești were the areas where the poorest Jews settled. On 21 January 1941, the fascist Iron Guard started its coup against Ion Antonescu, with whom they had shared government power since September (see Legionnaires' Rebellion and Bucharest Pogrom). The Iron Guard legionnaires killed 125 Jews, including in Văcărești and Dudești. On 24 January 1941 Ion Antonescu suppressed the rebellion and the Iron Guard was banned and the members arrested.
Almost all the Jews emigrated to the newly created state of Israel after World War II.[citation needed] Văcărești was one of the quarters that was completely torn down by Ceaușescu and nowadays few traces of the old quarters remain.
In the 1980s, Ceaușescu wanted to build a large amusement park (3 km2), demolishing a sparsely built area and making place for a lake with a concrete bottom. However, it was never completed and it still remains barren as of 2022.
In 2002, 1.83 km2 of the terrain were given for 49 years to a company owned by Australian citizen Tony Mikhael that wanted to invest €650 million and build some residential areas as well as a golf course, a hippodrome, a hotel and some clubs. The terrain itself is estimated to be worth about €500 million, as the land costs in the area around €300/m2. Săptămâna Financiară [ro] argued that the concession of the terrain was illegal and that the Romanian state only gets around €0.28/m2.
Further reading
Gheorghe Leahu. Demolarea Mânăstirii Văcărești ("Demolition of the Văcărești Monastery"), (1997) București, Arta Grafică
Anania, Lidia; Luminea, Cecilia; Melinte, Livia; Prosan, Ana-Nina; Stoica, Lucia; and Ionescu-Ghinea, Neculai, Bisericile osândite de Ceaușescu. București 1977–1989 (1995). Editura Anastasia, Bucharest, ISBN973-97145-4-4. In Romanian. Title means "Churches doomed by Ceaușescu". p. 171–186 is about the Văcărești Monastery, including extensive photographs and architectural drawings.