One Bedroom Apartments For Sale

Subsidized Housing for Teachers

Due to the high cost of living in New York City, it is difficult to recruit teachers. The salaries do not compensate for the high housing costs. In the past, NYC has offered to pay housing subsidies up to $14,600 to attract teachers with certification in math, science and special education. This does not seem to be enough. New York wants to do more.

The Bronx

The city wants to stop the turnover by offering quality housing. The Melrose section of the Bronx has been selected as the beginning site of the complex. In two years, New York City hopes to have 234 apartments for teachers. The units will carry a monthly rent of $806 for a studio apartment up to $1,412 for a three-bedroom apartment. [Elissa Gootman, nytimes.com, October 5, 2007]

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