Lambert Houses

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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October 28, 2016

$600M overhaul at the Lambert Houses underway to bring 1,665 affordable housing units to the Bronx

When it comes to affordable housing, the Bronx is booming. 6sqft previously reported that proposals were being heard to bring 1,665 affordable apartments to the site of the Bronx Zoo-bordering Lambert Houses, which would double the development's current affordable housing units, triple the existing retail space, create a new public school, and help to better integrate the community into the surrounding neighborhood. As reported by the Times, Phipps Houses, the complex's nonprofit owner and developer, has moved ahead on plans to demolish the existing 14 buildings and build taller towers, a project that's gotten a $600 million price tag.
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September 21, 2016

The Bronx’s Lambert Houses may be replaced with 1,665 affordable housing units

When it comes to the Mayor's affordable housing push, the Bronx is a force to be reckoned with. Not only were more than 43 percent of these units constructed in the first half of the year in the borough, but the City Council recently approved the La Central development, which will bring nearly 1,000 affordable units to Melrose under de Blasio’s mandatory inclusionary housing legislation. Though not part of MIH, another new project may one-up this, ushering in a whopping 1,665 affordable apartments on the site of the Bronx Zoo-bordering Lambert Houses. As CityRealty.com explains, "If proposals are approved, the new mega-development will feature more than double the affordable housing units and triple the existing retail space, create a new public school, and better integrate the community into the surrounding neighborhood."
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