A baby-faced teen charged with fatally running down a 4-year-old on her way to school earlier this month was granted bail Thursday. Victim Ariel Russo’s heartbroken mom, Sofia Russo, wailed after hearing her daughter’s accused killer, Franklin Reyes, could be freed on $50,000 bond or $25,000 cash. Reyes, 17 had been denied release since his arrest on June 4 immediately after the fatal upper West Side crash……Read more after the jump