Nexus' Chelsea condo rises at 35 West 14th Street as corridor continues transformational era

Rendering of 31-35 West 14th Street (Nexus Development) and images of 14th Street's forthcoming reenvisioning

Friday, Mar 20, 2026 By CityRealty Staff, CityRealty contributor

Queens-based Nexus Development, led by CEO Xiaogang Wang, has shifted its focus from recently completed Midtown condo projects at 300 West 30th Street and 355 West 39th Street to a midblock site at 31-35 West 14th Street, where Chelsea meets Greenwich Village. Nexus acquired the site in October 2023 for $14.4 million, as first reported by Crain’s New York Business, and filed permits in August 2024 for a 13-story, 55-unit residential building with ground-floor retail.

Demolition of the trio of preexisting low-rise buildings was swift; the site most recently housed a lighting and electrical supply store, a clothing and textile workers’ union building, and a long-vacant single-story taxpayer. 33 West 14th Street once held Gallery 169 and featured an intentionally graffiti-covered façade. In the early 20th century, 31 West 14th Street housed, in its basement, the offices of The Little Review, where Joyce’s Ulysses was first published in installments from 1918 to 1920.

While many recent Downtown condo developments have drawn from surrounding prewar architecture, Nexus is pursuing a distinctly contemporary design here. The latest rendering shows a glass and beveled masonry facade set with lengthy balconies. The design has evolved from earlier renderings, and according to DOB filings, the 135-foot building has grown by one story and six units.

Renderings of 31-35 West 14th Street | Prior design versus what's currently being built (Nexus Development)

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Upper-floor residents will enjoy unobstructed views of the Downtown skyline and convenient access to multiple subway lines, as well as Midtown South’s restaurants and offices. The new building will partially obstruct south-facing views from Grosvenor House at 22 West 15th Street and 35XV at 35 West 15th Street.

Just outside the Greenwich Village Historic District, the corridor has welcomed several large-scale residential projects. At Village West, at 525 Sixth Avenue, Izaki Group (IGI) has completed a 71-unit condominium designed by BKSK Architects. Nearby, Legion Investment Group and EJS Development are constructing a 30-story, 537-foot-tall tower at 11 West 13th Street, set to become the tallest building in Greenwich Village.

11 West 13th Street proceeding with foundation work (March 2025)

Foundation work progressing as of late March 2026 (CityRealty)

Fourteenth Street continues to evolve, aided by its busway, which restricts through traffic and supports pedestrian activity. Additional changes are on the horizon. A commercial property 30-32 East 14th Street is being marketed for redevelopment, and Union Square is set to undergo improvements to enhance pedestrian access.

Union Square Vision Plan: Credit: Marvel courtesy of Union Square Partnership

Building on the success of the 2019 busway, which increased bus speeds by as much as 24 percent and increased ridership by up to 30 percent, the city announced the start of a public planning process earlier this month to reimagine the street from river to river. The initiative will explore expanded pedestrian space, new greenery, upgraded plazas, and safety improvements, all while preserving one of the island's most effective transit corridors. As Mayor Zohran Mamdani put it, “The 14th Street busway is already a success, faster buses, higher ridership, safer streets. But we’re not stopping at a coat of paint.”

The plan signals a broader shift in how the city is thinking about major cross-town streets. A $3 million study now underway will guide a long-term redesign connecting Union Square, the East Village, Chelsea, and the Meatpacking District with more cohesive and people-oriented public spaces. “This process will deliver truly transformational, permanently constructed upgrades… and create a world-class street from river to river,” said NYC DOT Commissioner Mike Flynn.

14th Street busway (NYC DOT)

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Rebound in Manhattan sales includes Harry Belafonte's UWS co-op, a $47M Central Park Tower aerie, and trophy deals in landmarks

Front & York: How DUMBO’s streets, bridges, and warehouses shaped its design