Soviet Life Magazine, November 1977. Celebrating 60 years of the October Revolution.
“The only magazine circulated in the United States by reciprocal agreement between the governments of the USA and the USSR. Firsthand information on the hopes, problems, aspirations, plans of the Soviet people. Articles on economics, science, education, art, literature, sports.
The subscription card appears to be something directly from a Wes Anderson movie. And the address appears to, indeed, be a building flying the flag of the Russian Federation: