Half a year after Newark Public Schools launched an “agenda to ensure all students are in excellent schools,” the plan has come under a federal civil rights investigation to determine whether it “discriminates against black students.” An in-depth look into the district’s ultimately unsuccessful attempt to close one South Ward school reveals how real estate concerns and facilities funding increasingly drive neighborhood school closings and the expansion of privately managed charter schools. By allocating millions of dollars in little-known bonds exclusively to charters while imposing austerity on public facilities, the state has quietly stacked the deck for charters, leaving neighborhood schools to molder in decline.