Nexus Development

Italian American Museum, rendering courtesy Oved Group

New Renderings Reveal Interiors of Italian American Museum’s Little Italy Expansion

One week ago, YIMBY reported on the filing of demolition permits for the future Italian American Museum and associated residential building coming to Manhattan’s Little Italy. Today, we get a chance to look at new renderings, revealing an innovative Frank Stella-inspired white-wall interior. Oved Group and Nexus Development Group will be responsible for the development.

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Italian American Museum, rendering courtesy Oved Group

Demolition Permits Filed for 185, 187, and 189 Grand Street, Little Italy, Manhattan

Demolition permits have been filed for the home of the Italian American Museum, who operate out of 185, 187, and 189 Grand Street in Little Italy, Manhattan. However, this is not a disappointment for the institution. They had been trying to sell their current location for years, on the condition that they are provided with rent-free space within the replacement. They were finally successful in February 2017, when their buildings were purchased for $14.8 million by Oved Group and Nexus Building Development Group.

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260 Bowery

Eight-Story Building Revealed At 260 Bowery, Nolita

Lyco Investment Corp. and Nexus Development are planning to build an eight-story, six-unit mixed-use building at 258-260 Bowery, in Nolita, according to Bowery Boogie. The project has not been submitted to the DOB, but permits are already on file to demolish the existing three-story building. A rendering includes some form of commercial space on the ground and second floors, and condos begin on the third floor, meaning full-floor units are likely. Morris Adjmi is designing, and the façade is required to be masonry.


173 Chrystie Street

First Look At 10-Story, 13-Unit Mixed-Use Project At 173 Chrystie Street, Lower East Side

Late last year, YIMBY reported on filings for a 10-story, 13-unit mixed-use building planned at 173-175 Chrystie Street, on the Lower East Side, and now a rendering has surfaced of the project, per Bowery Boogie. The new building will have 1,537 square feet of retail space on the ground floor, and the condos will average roughly 2,000 square feet apiece. Nexus Development is developing, ODA Architecture is designing, and completion is tentatively expected in 2018.


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