550 West 21st Street West Chelsea Gallery District luxury condominium, New York City waterfront condo design
550 West 21st Street West Chelsea, New York
April 3, 2026
Location: 550 West 21st Street, Gallery District, West Chelsea, NYC, USA
83 Private Residences Coming to West Chelsea’s Gallery District
Design: Thomas Juul-Hansen LLC Architects
Legion Investment Group Announces 550 West 21st Street, a New Waterfront Condominium Designed by Thomas Juul-Hansen
Renderings by Visualisation One
551 West 21st Street in Chelsea, New York
NEW YORK CITY, NEW YORK – APRIL 3, 2026 – Legion Investment Group today announced 550 West 21st Street, a new luxury condominium development rising on the last remaining waterfront site of scale in West Chelsea. Designed by Thomas Juul-Hansen, the 22-story building of hand-laid Italian brick and limestone is positioned between Hudson River Park and the High Line, where the density and cultural richness of the city gives way to open sky, Greenway pathways, and the waterfront park below. The development sits at the center of New York City’s vibrant gallery district, just moments from Chelsea Piers, Chelsea Market, the Meatpacking District, the West Village, and Hudson Yards.
“At 550 West 21st Street, we set out to create a building aligned with the creative spirit of West Chelsea while designing for the level of livability and precision that today’s most discerning buyers expect. More than 75 percent of residences will have private outdoor space and two-thirds of the homes feature views of the Hudson River. The remaining residences will enjoy equally compelling views to the northeast over the historic district and the Midtown Manhattan skyline, and to the southwest down the length of the river,” said Victor Sigoura, Founder and CEO of Legion Investment Group.
“Our goal was to create a building defined by integrity—where the highest quality materials and construction meet a deeply considered functionality, resulting in a timeless presence in West Chelsea,” said Thomas Juul-Hansen.
At street level, the building’s limestone base runs the full length of the ground floor, anchoring the façade to the sidewalk and unifying the arrival sequence from east to west. A brick gatehouse structure rises at the eastern edge, framing the motor court gates, while greenery spills over the limestone above the opening, softening the threshold between street and court. A trellis along the sidewalk face adjacent to the gate is visible from the street and experienced again from within the court as residents pass through. To the west, the pedestrian entry is marked by an alabaster awning projecting from the building face, its warm glow serving as a beacon that orients residents toward home. Cerused stone art panels set beneath the ground floor windows complete the composition, adding a quieter layer of craft that runs the length of the base.
Once inside, the motor court opens into a landscaped courtyard anchored by a central grove of birch trees and a series of tiered planting beds that step along the perimeter, layering dense greenery and seasonal plantings at varying heights to create a sense of enclosure and calm. A fountain sits at the near edge of the court, its presence felt from the street before residents arrive. Bronze detailing at the gates and entry surround ties the full sequence together, carrying the warmth of the building’s material palette from the sidewalk to the front door. Private parking is available within the building for residents.
Above the base, the building reveals a second dimension entirely. As the tower rises, a series of setbacks carve out private loggias and terraces across a significant proportion of residences, extending living space outward toward the water. The façade steps back with each setback, softening the building’s profile against the sky and opening views in three directions. At the upper floors, the building commands an unobstructed panorama: the Hudson stretching south toward New York Harbor, Little Island and Hudson River Park below, and the New Jersey Palisades beyond. Glass railings at the loggias and terraces preserve the view corridor uninterrupted, while the building’s brick and limestone exterior continues to the crown, maintaining the warmth and consistency of the material palette at every elevation.
Legion Investment Group is recognized for delivering architecturally rich, thoughtfully designed developments in prime neighborhoods defined by culture, character, and rich histories. Each site is deliberately chosen — often adjacent to historic districts and green spaces — reinforcing the enduring appeal and strong demand that serve as the foundation of their developments.
The developer’s active portfolio includes 1122 Madison Avenue, a boutique collection of 26 residences on the Upper East Side designed by Studio Sofield and co-developed with Nahla Capital, where sales began in mid-January and over 85% percent of residences are already in contract.
In Downtown Manhattan, excavation is moving forward at both 11 West 13th Street, a new tower in Greenwich Village developed in partnership with EJS Group, and 38 Gramercy Park East, where Legion is developing the first ground-up condominium on Gramercy Park in nearly a century.
Sales at 550 West 21st Street are expected to launch this year and will be exclusively led by Corcoran Sunshine Marketing Group. Residences will begin at $2.5 million and completion is slated for late-2027.
For more information, visit www.550w21.com
Legion Investment Group
Legion Investment Group is a privately held real estate development firm based in New York City, recognized for delivering architecturally ambitious, design-forward developments in Manhattan’s most storied neighborhoods. Led by Founder and CEO Victor Sigoura, Legion’s team brings over 20 years of experience and a track record of developing more than six million square feet of luxury residential real estate totaling over $10 billion in value. Legion is distinguished by its commitment to collaboration, quality, and integrity, shaping New York City’s built environment through a thoughtful and enduring vision
With a focus on long-term value creation, contextual sensitivity, and design excellence, Legion specializes in complex assemblages and transformative ground-up developments. The firm’s portfolio includes 1122 Madison Avenue on the Upper East Side; 38 Gramercy Park East on Gramercy Park; 11 West 13th Street in Greenwich Village; and 550 West 21st Street in West Chelsea.
Legion previously completed 109 East 79th Street—widely recognized as one of the most successful Upper East Side developments in recent years and the largest new residential project west of Lexington Avenue in a generation. The 31-residence building, offering an extensive amenity suite, achieved a total sellout exceeding $400 million, with blended pricing surpassing $4,000 per square foot.
Thomas Juul Hansen
Thomas Juul-Hansen, LLC is a New York-based design firm founded in 2003 by Copenhagen-born architect Thomas Juul-Hansen, who holds a Bachelor of Architecture from the University of Miami and a Master of Architecture from Harvard University’s Graduate School of Design. After beginning his career at Richard Meier and Partners Architects, Thomas established his firm with a commitment to engaging the full spectrum of design — from exterior architecture and interior spaces to custom furnishings — ensuring that every decision across a project is made with a singular, cohesive vision in mind.
The firm is recognized for its pursuit of timeless design through a rigorous investigation of materiality, contextual sensitivity, and customization. Rooted in the belief that quality endures where trends do not, Thomas Juul-Hansen, LLC favors natural materials such as stone and wood as the foundation of its residential work, and approaches each project as a progressive process shaped by site, culture, program, and function. The result is a body of work defined by coherent, individualized design solutions that are as practical as they are enduring.
With a portfolio spanning luxury residential, hospitality, and retail, the firm has collaborated with leading New York City developers including Extell, HFZ, and Naftali Group, and has partnered with marketing groups Corcoran Sunshine, Compass, and Douglas Elliman. Notable completed and ongoing projects include 505 West 19th Street on the Chelsea High Line, One57 in Midtown West, Sutton Tower, and Belgravia Gate in London, among others.
Renderings: Visualisation One
550 West 21st Street West Chelsea luxury condo Manhattan images / information received 040426
Location: 550 West 21st Street, West Chelsea Gallery District, New York City, USA.
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