Co-op City’s official newspaper serving the world’s largest cooperative community.
Vol. 49 No. 2
© Copyright 2014 Co-op City Times
Cuomo vows to seek funding for proposed Co-op City train station The long discussed, long delayed construction of a proposed rail station from Co-op City to Manhattan could be on track if Gov. Andrew Cuomo succeeds in finding federal, state and MTA money to fund the project. Cuomo, who landed a $1.6 billion low interest federal loan to help pay for the long-delayed Tappan Zee replacement bridge in Westchester, promised in his State of the State speech on Jan. 8 to “… seek to secure federal funds for this critical resiliency project …” that would expand Metro North service by building four new stops in the Bronx – at Co-op City, Morris Park, Parkchester and Hunts Point. State Assemblyman Mike Benedetto, who has spearheaded local efforts in Albany to get the stations built, said that winning the Governor’s public support could prove to be a decisive factor in finally bringing direct train service from Co-op City to Penn Station. “It’s just great to see the Governor coming on board formally,” Benedetto said. “It’s not going to happen tomorrow, but I think everybody can rest assured that it is going to happen. BY JIM ROBERTS
“It’s fitting that we go to the federal government for help if it’s there, but there will also have to be money from the state, from the MTA and I would hope from Connecticut,” Benedetto said. As is always the case, paying for the project is the most important obstacle. According to the Governor, the MTA’s 2010-2014 Capital Plan sets aside $40.6 million for planning and design of the expansion work, called the “Penn Station Access Project.” Environmental work is underway and the MTA is working to advance further planning and design, the Governor said. However, several press reports have cited an estimated cost of $1 billion to actually complete the entire expansion project and create the four new stations in the Bronx and purchase new rail cars. Cuomo’s pledge to seek federal funding for the Penn Station Access Project, which includes the Bronx rail stations project, comes as part of his “Reimagining New York for a New Reality” storm plan that includes $17 billion in proposed projects to strengthen New York’s communities
Sub-freezing Polar Vortex results in flooding and elevator outages
The weather phenomena dubbed the Polar Vortex that resulted in biting winds and record low temperatures in more than 25 states wreaked havoc on buildings and plumbing infrastructures throughout the entire eastern half of the nation earlier this week and Co-op City was no exception. Beginning last Friday evening, when a snow storm was followed by single digit temperatures and then continuing through a sudden thaw only to be followed by even colder air, which saw temperatures never rise above 10 degrees for a 36-hour period from Monday night to late Wednesday morning, Co-op City’s 45-year-old plumbing was challenged in 15 buildings resulting in flooded basements and elevator shafts and at least part of 11 buildings lost elevator service for two hours or more. Co-op City General Manager Vernon Cooper said: “We had record breaking severe cold weather this week; in fact, January 7 was the coldest it has been on that day since 1896. This extreme cold was exacerbated by BY BILL STUTTIG
CB #10 floats feeder ferry service idea for Co-op City
Saturday, January 11, 2014
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deadly wind chills. This cold snap caused pipe breaks all over the City of New York, which resulted in delays at airports, closings of highways, and interruption of train service, just to name a few. As a result of this cold, we have experienced a number of pipe breaks within the complex. “The pipe breaks were directly due to the freezing cold which not only froze pipes in some instances, but also caused pipe breaks when the weather warmed up slightly. Our Maintenance, Building & Grounds and Public Safety Departments working alongside VerTech elevator company, did a wonderful job of responding to these conditions as they became known to us. Although there is no good time to have a pipe break, the fact that the most recent pipe breaks took place in the early morning hours when there is no staff working, only prolongs our response to these conditions. When we have pipe breaks that result in water flooding our basements, there is always (Continued on page 4)
25¢
As New York City’s Economic Development Corporation (NYCEDC) continues to study potential sites for a ferry terminal in the Bronx where service will be provided to and from midtown and downtown Manhattan, Community Board 10 (CB#10) recently advocated for Co-op City to, in turn, be considered for feeder ferry service in a recent letter sent to Kyle Kimball, President of NYCEDC. Ken Kearns, District Manager of Community Board 10, told the Co-op City Times this week that he and the Community Board understand some of the drawbacks for placing a major ferry terminal within the Co-op City area on the Hutchinson River, the chief one being that the river is a tidal river and is not navigable by larger craft which draws several feet below the surface, such as a major ferry, during periods of low tide. However, Kearns BY BILL STUTTIG
added that it might be conceivable to provide feeder ferry service from the potential main Bronx ferry terminal to Co-op City in the form of smaller water taxi type crafts — such as the type of craft that now provides shuttle ferry service across the East River between Brooklyn and Manhattan. Such smaller crafts feasibly can serve as an alternate mode of transportation for both the dense residential population of Co-op City, along with the expanding commercial interests in the area, specifically the huge Bay Plaza complex, providing service at regular intervals, regardless of the tide. In the letter to NYCEDC, John Marano, Chairman of Community Board 10, which advocates for Co-op City and the other communities of the east Bronx, wrote to Kimball stating: “It is our understanding that the (Continued on page 2)
Building 20A Ground Excavation
Beginning Monday, January 13th thru Friday, January 17th, the grounds in front of Building 20A will be excavated in order to replace a broken electrical pipe supplying Garage 5. Parts of the front entrance to Building 20A will be fenced off during this work. Please use caution. We appreciate your cooperation and will work diligently to complete this work as soon as possible, weather permitting. —Riverbay Management
Eligible Co-op City shareholders to share $1.1M in 2013/2014 STAR tax credits Eligible Co-op City shareholders who applied for the New York State School Tax Relief (STAR) Property Tax Exemption for tax year 2013/2014 before the February 15, 2013 deadline shared $1,125,469.28 in credits as reflected on their January, 2014 carrying charge statements. The upcoming postmark deadline of March 15, 2014, will be for the 2014/2015 tax year, based on New York City’s fiscal year which runs from July 1, 2014 to June 30, 2014. In total, out of Co-op City’s 15,372 apartments, 8,727 received the credit this year which amounts to $1,125,469.28 for Basic and Enhanced STAR. The current 2013/2014 credit for Basic STAR, which is determined by the New York City Finance Department, is $98.56 per apartment, and $208.56 for Enhanced STAR. BY ROZAAN S. BOONE
Last fiscal year, 2012/2013, 8,714 eligible shareholders shared $1,121,965 when the credit for Basic STAR was $99.28 and for Enhanced STAR, $206.04. “These are a one-time credit provided to Riverbay for tax year 2013/2014 and Riverbay, in turn, passes the credit along to the eligible shareholders,” said Peter Merola, Riverbay’s Director of Finance. “The STAR credits were posted to the eligible shareholders’ accounts and appeared on their January, 2014 carrying charge monthly statements which have been mailed.” Basic STAR is available to any owner of a house, cooperative apartment, condominium or other property as long as at least one owner lives in or uses the property as their primary residence. Married couples owning more than one property (Continued on page 2)