Perhaps the city's unique charm can be best observed in the area known as Lipscani, which consists of a jumble of streets between Calea Victoriei, Blvd. Bratianu, Blvd. Regina Elisabeta and the Dambovita River. A once-glamorous residential area, the old city centre is now slowly being refashioned into an upscale neighborhood.

At the beginning of 1400s, most merchants and craftsmen - Romanian, Austrian, Greek, Bulgarian, Serbian, Armenian and Jewish - established their stores and shops in this section of the city. Soon, the area became known as Lipscani, named for the many German traders from Lipsca or Leiptzig. Other streets took on the names of various old craft communities and guilds, such as Blanari (furriers), Covaci (blacksmiths), Gabroveni (knife makers) and Cavafii Vechii (shoe-makers). The mix of nationalities and cultures is reflected in the mishmash of architectural styles, from baroque to neoclassical to art nouveau.

Today, the area is home to many art galleries, antique shops and coffeehouses. On a beautiful day, you can stroll down the narrow cobblestone streets and imagine the shopkeepers outside near their stores, encouraging people to buy their merchandise and negotiating prices with them. Don't forget to stop by Hanul cu Tei, which is a rectangular courtyard between Strada Lipscani and Strada Blanari, home to an array of art and antiques shops.