Phipps Houses, New York
City’s oldest and largest nonprofi
t developer of affordable
housing, has closed on $188
million in construction fi -
nancing for the second phase
of Lambert Houses, a landmark
$600 million redevelopment
project in the Bronx’s
West Farms neighborhood.
The ongoing project will
entirely rebuild the outdated
1970s complex over roughly
15 years, eventually bringing
its number of permanently
affordable homes to approximately
1,665 — more than
double its original number.
All Lambert Houses tenants
will be offered apartments in
the new development. Phipps
Houses opened the fi rst phase,
a 163-unit apartment building,
to residents in August 2019.
The second phase comprises
a 16-story building at
2080 Boston Road, with construction
fi nancing provided
by the New York City Department
of Housing Preservation
and Development, the New
York City Housing Development
Corporation’s ELLA
Program, along with Citi and
the Urban Investment Group
within Goldman Sachs Asset
Management. Designed by
Dattner Architects, 2080 Boston
Road will include 279 affordable
units available for existing
Lambert tenants with 42
units for homeless households.
Construction is expected to
begin in January with an expected
completion in mid-2024.
Phipps Houses has relocated
all residents of the nowdemolished
BRONX TIMES REPORTER, J 46 AN. 14-20, 2022
buildings at 2080
Boston Road in anticipation
of the construction of the new
building.
“The redevelopment of the
Lambert Houses complex is a
once in a lifetime opportunity
to correct the fl aws of the Urban
Renewal Era and create
better community connections
and services for our residents,”
said Adam Weinstein,
president and CEO of Phipps
Houses. “We hope this project
will be a model for other largescale
housing providers to see
that when you have available
land, you can transform a development
to a higher aspiration:
to produce even more affordable
housing and to better
serve the residents of the complex.”
The original Lambert
Houses complex had a host
of increasingly problematic
issues, including outdated
structural and mechanical
systems, poorly designed open
space within a superblock layout,
and security issues created
by a maze-like series of
buildings, many interconnected
by narrow hallways,
with 14 separate addresses.
Of the complex’s eventual
1,665 apartments, 728 will
serve households that qualify
for Section 8, including the
current tenants of Lambert
Houses. The remaining units
will be affordable to households
at different levels of
Area Median Income.
2080 Boston Road will offer
a range of studios, one, two,
three and four-bedroom units
with a standalone garage and
storage building. Tenants will
have access to a landscaped
courtyard with a children’s
play yard, bike room, exercise
room, laundry rooms and a
lobby concierge.
“The redevelopment of the
Phipps Houses has closed on $188 million in construction fi nancing for
the second phase of a $600 million redevelopment project in the Bronx’s
West Farms neighborhood. Photo courtesy Dattner Architects
Lambert Houses is a monumental
project that aligns
with my priorities of keeping
The Bronx affordable for our
current residents,” said Bronx
Borough President Vanessa
L. Gibson “With the closing
of the second phase of this
project, including 279 affordable
units for existing Lambert
tenants and 42 units for
recently homeless individuals,
some of our most vulnerable
Bronxites as well as our
longtime residents will have
a new and affordable place to
call home, with state-of-theart
amenities.”
Lambert Houses is adjacent
to the Bronx Zoo and
the West Farms Square-East
Tremont Avenue 2/5 subway
station. The Lambert Houses
redevelopment plan was approved
through the city’s Uniform
Land Use Review Procedure
in 2016.
-Bronx Times
Phipps Houses closes on 2nd phase of
Lambert Houses redevelopment
James E. MaQuade, Owner
Family Owned & Operated for over 60 years
3535 East Tremont Avenue
Bronx, New York
718-792-0270
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