Luxury Condos with a Bonus Elementary School? Only in New York

Trinity Place Holdings Inc. announced that it’s entered into a construction loan in the amount of $189.5 million to finance the construction of a new mixed-use building to include luxury condos and — wait for it — a public elementary school.

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Maryland Governor Proposes $370 Million for School Construction

ANNAPOLIS, Md. — Maryland Gov. Martin O’Malley recently proposed spending more than $370 million in the fiscal 2013 budget on public school construction in the state, the second highest single-year funding level in state history, according to state officials.

If approved, the plan will create new jobs and improve educational facilities throughout Maryland, O’Malley said. He has emphasized school construction since he first ran for governor in 2006.

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