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The administration and PTA for P.S. 321 on 7th Avenue and 1st Street—widely considered one of the best and most progressive public elementary schools in Brooklyn, if not the entire city—are up in arms about the $125,000 in budget cuts the school is facing, and they’re calling on parents to march at the Department of Education offices tomorrow. (Principals all over the city have been slamming the slashed DOE budget.) P.S. 321’s principal sent a note home to parents saying the cuts mean the school won’t be able to buy new classroom furniture and certain school supplies (including new math books), and that there will be less money available for the professional development of teachers. On Monday, the PTA co-presidents sent home another letter (see copy on jump) about how the loss of funding will hurt the school; this communication asks parents to show up for the 4:00 p.m. rally in Lower Manhattan tomorrow to protest the cuts. (The rally is distinct from the meeting about the budget cuts that Councilman de Blasio is holding at Borough Hall tonight.) So how does all this circle back to real estate? This is no doubt overly simplistic, but is it possible for the budget cuts to make some would-be Slope buyers (who often move to the neighborhood because of schools like P.S. 321) reconsider, or think about shelling out for private school instead? Or do the strong voices of parents at P.S. 321 affirm the lure of the school and neighborhood? GMAP

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  1. 4:04 – Is that because your friends studied literature or marketing, or fashion design in college. They are probably only making 25K because they are trying to work in a “Fun” field that they went to schoolfor. Unfortunately “Fun” usually doesnt pay well, especially at the entry level.

    In NYC they could easily become 1 of the following without any specific degree and make 40-50K right out of the box:

    Executive Assistant
    Account Specialist at a Credit Card Company
    Bank Rep
    Purchasing/Buying assistant
    Office Manager
    A/R Clerk
    A/P Clerk
    Customer Service Rep
    Human Resources
    Waiter/Waitress/Bartender
    Sales Person
    Small Business Owner or manager

  2. 3:49 I myself have an upper middle class lifestyle. I came from working class and worked my way through a state university. That said, I know at least 5 people I grew up with off the top of my head that meet all four of your requirements and work full-time jobs for 25-30K a year. Exactly where should they go to get these $50,000 a year jobs you’re talking about?

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