as informed in De Blasio's 2014 contract with the UFT is having a 'major impact'Salary and benefits for the city's 75,000 teachers comprise the largest share of the education budget: $15.3 billion. The education budget "is going up by a billion dollars for 2018, and it's being driven by these two items," he said. In the last five years of Bloomberg's tenure, education spending increased 13 percent; by the end of his first term, spending under de Blasio is projected to jump 27 percent. That boost, according to a new Independent Budget Office analysis of the city's preliminary 2018 budget, is largely attributable to two main categories: spending on staff salaries and payments to charter schools and non-public schools often used for special education. Michael Bloomberg may have been the education mayor, but Bill de Blasio is spending a lot more money on it.

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New York Residence Sells Iconic Building in New York City's Financial District
Media Contact:New York Residence Inc.Times Square Office+1 212 360 7000 ext. The property is situated right in the heart of New York City's vibrant and fast-growing Financial District. "It is a gorgeous building with enormous potential and a very strong retail component", said Thomas Guss, President of New York Residence Inc. (NYR.com), who routinely represents international investors in real estate transactions in New York. With more than 31,000 square feet, 10 stories and a width of 53 feet, 165-167 William Street truly stands out. Victor Sozio and Jesse Greshin of Ariel Property Advisors represented the sellers, an investor group led by Eli Tabak from Bluestone Group.
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