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Peterhof (Novgorod)

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The Peterhof or Petershof (Middle Low German and modern German for "Peter's courtyard"; Russian: немецкий двор; Latin: curia sancti Petri) was a Hanseatic kontor, one of the four major trading posts of the Hanseatic League, on the right bank of the Volkhov at Novgorod, Russia, then forming the Novgorod Republic. It was named after St. Peter's Church, a Catholic church that was used by the Hanseatic merchants. It eventually consisted of two parts, the palisaded enclave, called the Peterhof proper, further uphill from the river Volkhov, and a beachyard, the Gotenhof, on the river that was eventually included in the Peterhof. Baltic trade, including Novgorod's trade, was dominated by the Hanseatic League from the 13th to 15th centuries. It was first shut down in 1494 by Ivan III of Russia, but later reopened in 1514, although a terminal decline could not be halted.