Co-op City Times 02/27/10

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Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2010 Co-op City Times

Vol. 45 No. 9

Saturday, February 27, 2010

Additional trees coming to Co-op City this spring BY BILL STUTTIG The New York Restoration Project and Riverbay have agreed to donate to Co-op City an additional 556 trees to be planted this Spring. Two hundred and sixty-four trees will be planted along green areas in Section 4 in the upcoming months and an additional 292 trees will be planted in areas of Section 5 also this spring. According to Riverbay Ombudsman Joe Boiko, these additional trees will bring the total number of trees donated to the community by the New York Restoration Project through its Million Tree Initiative, to approximately 1350 trees and shrubs. In addition, Boiko reported the New York Restoration Project has also agreed to donate an additional 500 trees and shrubs to help beautify the new north sector Greenway, which is scheduled to be seeded this summer. The new trees and shrubs will be planted along the perimeter of the newly restored Greenway in the fall after the heat of

summer dissipates. Boiko explained that the autumn and spring are the best times to plant and cultivate new trees and shrubs because of the milder temperatures and the increased rain during these seasons. With the 500 trees and shrubs to be planted this fall around the new Greenway, the total number of plants donated to Coop City by the New York Restoration Project will total approximately 1900. Riverbay’s Buildings and Grounds Director Donovan Plummer estimated that this large number of trees and shrubs would have cost the community nearly a half million dollars if they were purchased from outside nursery vendors. But instead, all of the trees have been given to the community at no cost. The trees to be planted in Section 4 this spring include 151 large trees, including 26 Red Oak, 25 Scarlet Oak, 26 Japanese Zelkova, 26 Skyline Honey Locust, 10 American Linden, 26 (Continued on page 4)

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Riverbay to begin reporting carrying charge payments to registered credit bureaus effective March, 2010 BY ROZAAN BOONE Starting on March 1, 2010, Riverbay will begin reporting carrying charge payments to registered credit bureaus in an effort to encourage shareholders to pay their carrying charges on time. Up until now, Riverbay has not been reporting the payment of carrying charges, including late and delinquent payments, and this has led to shareholders oftentimes placing the payment of their maintenance fees at the bottom of their list of monthly bills. “Residents decide what to pay and carrying charges are not always a priority because there are no consequences, especially if a person… knows how to work the system,” stated Herbert Freedman, principal of Marion Scott Real Estate, Inc., Riverbay’s managing agent, in a memo to the Board late last year. “That is not the case with bank loans, credit cards, auto payments, etc. In other cases, people

move out and don’t worry or care about their arrears.” As a result, the payment of carrying charges is an ongoing issue for the Riverbay Corporation. “The expense of housing court, coupled with the Housing Courts tenant bias makes the entire process very difficult, expensive and time consuming,” Freedman said. According to the Riverbay Finance Department, at the end of January, current resident arrears totaled $4,972,000 and past resident arrears was $6,025,000. Now that carrying charge payments will be reported to the credit bureaus, it could very well be a win-win situation, not only for Riverbay, but also for shareholders who make timely payments on their carrying charges, and those who have not yet been able to establish credit, Freedman said. (Continued on page 12)

Hearing on Bronx transit service cuts scheduled for Wednesday at Paradise Theater BY BILL STUTTIG Co-op City residents upset about planned changes to local bus service in the community will have their chance to express their opinion to leading transit officials at a hearing scheduled for 6 p.m., Wednesday, March 3rd at the landmark Paradise Theater on the Grand Concourse at E.187th Street. Residents who wish to speak at the hearing can register for speaking time at the theater up to 9 p.m. that evening, according to MTA notices publicizing the hearing. But the community’s Democratic District Leader Shirley Saunders advised residents who wish to speak to arrive early and register or else face the prospect of waiting until later in the evening to have your chance to express your views. Nevertheless, Saunders is encouraging all residents who will be affected by these changes in service to come and speak and make the wishes of the Co-op City community known to MTA officials and the overall Bronx community.

“People have to come out on March 3rd and speak out or else we will lose much of our service,” Saunders said. “We have to stop being reactive and start being proactive or else we have other people making decisions for us and we will not be happy with the result.” The main issue affecting Co-op City commuters in this round of cuts is a restructuring of the local bus lines, similar to the restructuring that was proposed during last winter’s threatened budget cuts. According to the MTA’s own report, of which details are available online at www.mta.info, the new proposal calls for eliminating or rerouting portions of Bx. 26, Bx. 28 and Bx. 30 — three lines that take Co-op City residents to and from the west Bronx. According to the proposal, the Bx. 26 will be rerouted to eliminate the portion of the run which takes residents to and from the northern sections of the community via Baychester Avenue, Dreiser

Spring is just around the corner?: Maybe so by the calendar, but judging by the weather, you would never know it as mother nature dumped another 15 inches of snow on the area late Thursday into Friday. Riverbay Commercial Leasing personnel clean the ramp leading to the Bartow Shopping Center early Friday morning. Crews from Buildings and Grounds and other Riverbay departments were out Thursday and again from daybreak yesterday cleaning the sidewalks and walkways throughout the community as the snow continued to fall throughout the day yesterday. Photo by Bill Stuttig

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