First housing lottery opens at the Bronx’s $600M affordable redevelopment of the Lambert Houses
A rendering of 988 East 180th Street, courtesy of the office of Ritchie Torres
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.
Phipps House, non-profit developer and owner of the Lambert Houses, bought the 300,000-square-foot Bronx site in 2015, but the city’s Department of Housing Preservation & Development then found many safety concerns in the 1973-built buildings. Once Phipps stated its decision to demolish and replace all the buildings, HPD released a statement to explain how the process would affect existing residents:
Once relocated, unoccupied buildings would be demolished and construction of new buildings would proceed. Tenants of the next buildings to be demolished would be relocated within the Lambert Houses Development Site to the newly constructed buildings, and the demolition and new construction process would begin again.
The current lottery is for 988 East 180th Street, an 18-story building that will ultimately have 163 units. There will be a 24-hour attended lobby and an on-site resident manager. For an additional fee, there’s also laundry and bike storage. The development is located right next to the Bronx Zoo and is just a few blocks away from the 2 and 5 trains at East 180th Street.
Qualifying New Yorkers can apply for the affordable apartments at Westchester Mews until April 2, 2019. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.
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