The purpose of this study is to examine the urban space of Nicosia, the capital city of Cyprus, under the context of its particularity as a divided city. More specifically, this work refers to some of the city’s structures as well as to the possibilities they offer to its residents, or exclude from them. At the same time reference is made on the actions taken to promote change and to cope with the existing urban and social problems. The motivation and the reference point of this examination is the Buffer Zone, which penetrates Nicosia and constitutes the element which seemingly remains immutable in front of the changing urban space located on either of its sides. However, it is not irrelevant to it. On the contrary, it constitutes one of the main factors in the production process of urban space, bearing at the same time the attribute of merging the past with the present and the future. All of the above are also examined in relation to the concept of memory as we study the experience and the relationship of the resident within the city of the past, the present and the future. Finally, where possible, the city of Nicosia is compared to other cases of divided cities. The text is divided in three thematic parts: the first one examines the concept of the boundary and the way each city is partitioned, the second one discusses the concept of memory and its relation with the everyday practices and the urban space and the third one examines the city’s reconstruction, both through local efforts partly associated with contemporary global processes and through a bi-communal cooperation.