Now (2011) named Red Gate Station, the subway station just left of frame was called Mikhail Lermontov Station from 1962 to 1986.
These shacks are gone, but a new row has replaced them up ahead next to the park. As if to make some socialist-capitalist point, a branch of the Subway sandwich chain is in one of the new shacks. Also, a massive bank ad has replaced the Soviet propaganda up to the left.
Photo by my grandfather David C. Cook. Scanned from an unlabeled Kodachrome slide, datestamped October 1969 and numbered W2 5. In an unlabeled slide cartridge.