Success Academy Charter Schools
People:
Success Academy Charter Schools NYC portfolio
$257.4 million -industrial 85%, specialty 13%; Bronx 77%, Brooklyn 14%, Queens 8%*
774th largest portfolio by dollar value
190,309 sqft – industrial 75%, specialty 22%, Q9 2%; Bronx 62%, Brooklyn 24%, Queens 13%
1581th largest by SF
14 properties – Queens 78%, Brooklyn 14%, Bronx 7%
692th largest
Company Activity past 24 months:
Buyer company: 1 for $37.2 million
Borrower company: 1 for $150 million
Developer (new building or major alteration): 1 for 222,596 square feet
Top Ten Associated Companies:
Top Ten Associated People:
Noah Schumer (1)
Recent activity as company:
• Success Academy Charter Schools for Carlos Talero filed plans for new building for 222,596 sqft in Jamaica, Queens, on August 22, 2025.
• Success Academy Charter Schools borrowed $150 million from Build NYC Resource Corporation for 595 Gerard Avenue on November 01, 2024.
• Magen David Yeshivah sold 2212 78 Street for $37.2 million to Success Academy Charter Schools on June 18, 2024.
• Carol Joy Family Properties sold 153-12 Hillside Avenue for $21.9 million to Success Academy Charter Schools on March 14, 2023.
• Carol Joy Family Properties sold 153-09 Hillside Avenue for $8.1 million to Success Academy Charter Schools on March 14, 2023.
• MADDD Equities sold 595 Gerard Avenue for $105 million to Success Academy Charter Schools on December 29, 2021.
Latest Stories:
• Success Academy signs $150M construction loan for school in Concourse (November 26, 2024)
• Success Academy pays $37.2M to Magen David for school in Gravesend (June 25, 2024)
• Success Academy pays $30M for property in Jamaica (March 16, 2023)
• Success Academy pays $105M to MADDD Equities for dev site in Concourse (January 25, 2022)
• Gadi Ben Hamo, Meyer Chetrit seek to enforce $30.5M Jamaica purchase (August 31, 2021)
• Maddd Equities paid $42M to Gerard Avenue LLC (August 15, 2019)
• Maddd Equities obtained financing of $36M from Ladder Capital Finance (August 15, 2019)
• Maddd Equities obtained financing of $19M from Ladder Capital Finance (August 14, 2019)
Properties:
