Chandeliers made from clear plastic hangers, installations by Dutch design students using only objects salvaged from New York City streets, pink bar stools inspired by candy – these are just some of the pieces shown during the past two years at Design Downtown, the furniture and accessories show held at the Chelsea Hotel each May as an alternative to that commercial behemoth, the International Contemporary Furniture Fair. In other words, Downtown’s organizers, Abe Gurko, Susan Schultz, and Tim Groen, are most interested in work from young and fashion-forward designers.

So it should come as no surprise that the three partners have found another venue for nurturing young talent. This week, they’ve opened the doors to Space Downtown, a gallery for home and lifestyle accessories, in a space that was formerly a horse stable in northern Chelsea. (Never ones to miss a shot at synergy, they’ve timed their official opening to coincide with The International Gift Fair show.)

“We’d like this to be kind of an incubator for new design talent, an arena for younger designers who need to be in the New York market,” Mr. Gurko said. The rough-hewn, homey environment is just what Space Downtown was seeking. “When we walked in here, we heard the angels sing,” he said of the sunlight-filled space. “It’s a space where people can come, chat about what they’re looking for in the New York market, have a cup of coffee” – served, incidentally, in a mug by one of his featured designers, Mud Australia. While the venue itself is presently open by appointment only – and mainly to retailers, architects, and interior designers – lines are currently being shipped for spring delivery to a variety of retailers, and the Space Downtown partners will pass along retailer information to any interested parties.

The trendiest, most resolutely modern items in the space belong to Farm 21, a line of transparent Lucite and acrylic cubes, tables, and lamps filled with lichens, roses, straw, and such. “Rural modern design” is how creator Sasha Sykes describes the line. The artist gathers most of the items from her family’s farm in County Carlow, Ireland. And yes, Mr. Gurko said, she’s “one of those Sykes” – as in Plum and Lucy, who seemingly have been beamed over from the Motherland solely to overtake the Conde Nast building. (Sasha, however, is a Sykes by marriage).

Ms. Sykes is not the only designer at Space Downtown with ties to fashion. In fact, Mr. Gurko sees himself as a proselytizer for the home-accessory-as-fashion movement. Letting your home decor languish in a stasis is an idea Mr. Gurko wants to banish along with last season’s ponchos. “Change your top-of-bed every week for a whole new look,” he suggested. (Conveniently, Space Downtown deals in graphic, felt-detailed linen bed coverings from upstate designers Variegated, Inc.) “The more you change things up,” he added, “the more you grow.”

To that end, a number of Space Downtown’s designers marry the two disciplines in their lines: Liselotte Watkins, a fashion illustrator integral to the sleek, stylish look of the original Wallpaper magazine, is teaming up with Alpha Custom Rugs to produce an edition of custom pieces based on her slick drawings. The results are both feminine and graphic.

Mr. Gurko spotted one of his labels, Lust-Project, at the Maison Objet design show in Paris, where Ann-Margaret Honing and Christophe Guyot’s ironic, irreverent applique designs are already being snapped up by Colette and Bonmarche shoppers. (One of the label’s T-shirts reads “Kill the Bourgeoisie.”) Besides clothing, Lust-Project also produces applique pillows, bedspreads, and felt dolls that look like something your crazy punk-rock sister might have turned out in a particularly twisted home-economics class. According to Mr. Gurko, “the Japanese are, like, whatever, loving” these objects.

Space Downtown also deals in the classic home decor standbys of glassware and ceramics. Mud Australia, an earthy line by antipodean designer Shelley Simpson, features both ceramic and porcelain dishes (matte and shiny) that are dishwasher and microwave safe. The collection is already stocked at Barneys New York and ABC Carpet & Home.

More ethereal is the hand-blown glassware of Joseph Cariati, whose creations boast inclusion in some of L.A.’s chicest stores, such as OK and Fred Segal. The series of vases and bowls comes in two color palettes: 1970s-inspired earthenware colors like tobacco, beige, and olive that “do really well in L.A.” But especially for the New York market, Mr. Cariati has created a brighter collection of the same wares in turquoise, pink, lime, white, and a sky-blue that Mr. Gurko himself requested to match the floors of his new space. In fact, the entire collection was designed with New York in mind: “Because when it’s so drab here, you need a little lift,” Mr. Gurko said.

And the partners aren’t abandoning their other love, the Design Downtown fair. This May, they’ll be moving the event from the Chelsea Hotel to Drive In Studios, which Mr. Gurko described as a “glammy, groovy” events space. The new and more open location, Mr. Gurko said, will give his young designers more of an opportunity to “tell a story.”

Space Downtown, 276 W 25th St., 212-352-9968, www.spacedowntown.com.