A rendering of 988 East 180th Street, courtesy of the office of Ritchie Torres
February 4, 2019
First housing lottery opens at the Bronx’s $600M affordable redevelopment of the Lambert Houses
It's been over two years since work got underway to demolish 14 building at the Bronx's 1970s-era Lambert Houses and replace them with taller towers that will hold 1,665 affordable apartments. In addition to doubling the site's number of affordable units, the $600 million project will have a public school and three times the amount of retail space. Though the entire overhaul won't be complete for another 11-12 years, applications are now being accepted for the first new residential building (h/t Welcome2TheBronx). The 49 below-market-rate residences are reserved for those earning 60 or 100 percent of the area median income and range from $761/month studios to $1,600/month two-bedrooms.
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