In education news here in New York, the Daily News reports three politically connected charter schools are expected to receive over $72 million in city money to build new schools. The announcement comes just weeks after the city voted to close nineteen public schools. Part of the $72 million in construction money will go to PAVE Academy in Brooklyn. The school was founded by Spencer Robertson, the son of a billionaire hedge fund manager. Also receiving construction money will be the Harlem Promise Academy founded by Geoffrey Canada, a close ally of Mayor Mike Bloomberg. The third charter school receiving construction funds is Peninsula Preparatory Academy in Queens, which state Senate President Malcolm Smith helped found.
New York to Give $72 Million to Help Build Charter Schools
HeadlineFeb 16, 2010