Purchased by the Province of Florence, in the early 20th century, a series of interventions were carried out to restore its original appearance.
The Riccardi family sell the building to the State, who transformed it into administrative offices, requiring major works of renovation.
The Palace is sold by Ferdinand II of the Medici to the Marquis Gabriello Riccardi who commissioned expansion and modernization works.
Thanks to intercession of the pope, Leone X, son of Lorenzo the Magnificent, the Medicis returned to the city, reclaiming their historical dwelling.
The Medici were forced out of the city and the Palace in Via Larga, which was confiscated, with its contents, by the new Republican government.
Cosimo the Elder commissioned to Michelozzo the design of a building on Via Larga (now Via Cavour) intended to serve as the family residence.