Following the dissolution of the Soviet Union, public spaces in Moscow and in other post-socialist cities underwent dramatic changes in line with the wider adaptation to the market economy, epitomized in processes of privatization and commercialization. Most recently, however, these processes have been overshadowed by a “second generation” of post-socialist change that entails the recasting of the very conception of the public and public space. In this paper, we analyze these transformations in Moscow through a case study of the reconstruction of Gorky Park. The case study builds upon extensive empirical material collected through qualitative interviews, document and media studies, and on-site observations. It is shown that despite appealing to ideas of openness, livability and the public good, the park reconstruction in fact entails the production of socially divisive urban space that prioritizes consumerism at the cost of less-scripted and diverse public life.