Success Academy Offers Sobering Lesson for Reopening NYC Schools

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(Bloomberg) — If any school in America could find an edge just now — a magic way to reopen kindergarten or teach Algebra online — you might think it was one beloved by Wall Street millionaires and billionaires.

But not even Success Academy, the largest charter-school network in New York, the nation’s largest school district, has easy answers for teaching kids during this pandemic.

As school districts everywhere weigh bringing students back against the risks of spreading the virus, Success Academy offers a sobering lesson about how daunting that calculus has become. This much is certain: reopening schools is now one of the most formidable obstacles to fully reopening New York — and the nation’s entire economy.

Over the years, Success Academy has formed ties with the likes of hedge fund luminaries Dan Loeb, Ken Griffin and John Paulson, who have collectively lavished tens of millions on the network and

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