Joe Anuta of Crain’s New York Business reports that downtown Manhattan is being overbuilt with luxury condos filled with young families who will have nowhere to go to public elementary school:  Locals, pols fear school shortage Downtown population surge fuels worries of classroom shortfall.

Avenues and downtown private schools will surely benefit as many NYC preschool parents who fear being shut out of downtown’s well-regarded public elementary schools will look to secure a private school seat.