Condos vs. Classrooms

The recent development boom threatens to swamp New York City's schools.

Swarms of new students threaten to undermine the quality of the very schools that attracted young families to the neighborhood in the first place.

Complicating the situation is that the high land values good public schools help create make it harder for the city to buy land to build new ones.

Developers see expensive real estate as appropriate for only the most profitable projects, which doesn't leave much for city schools.

State Sen. Liz Krueger, whose Upper East Side district includes some of the city's most hard-hit areas, grimly joked that "Given the value of real estate in New York City, why should we have any schools, firehouses or police stations at all?

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http://bayridgejournal.blogspot.com/2008/09/condos-vs-classrooms.html