Co-op City’s official newspaper serving the world’s largest cooperative community.
Vol. 48 No. 31
© Copyright 2013 Co-op City Times
Saturday, August 3, 2013
Riverbay anticipates substantial additional J-51 real estate tax abatements for improvements BY ROZAAN BOONE Riverbay Corporation has applied for more than $20 million in J-51 tax abatement benefits, and those applications are moving ahead with the city’s Department of Housing Preservation & Development (HPD) so far approving more than $12 million in tax abatement benefits for windows, masonry and roof replacements.
years. “I am happy that the New York City Department of Housing Preservation & Development has started issuing certificates for the tax credits,” said Merola. “These tax credits will reduce Riverbay Corporation’s real estate taxes for the next 10.8 years and help to keep the carrying charges at the lowest possible
Co-op City shareholders stand to receive approximately $1.7M annually in real estate tax abatement credits over the next 10.8 years once all 14 of the corporation’s applications have been approved, thereby reducing the community’s tax burden. So far, the city’s HPD has approved 12 applications worth about $17M in tax abatements. Photo of Co-op City by Elijah Bernard
Riverbay’s Finance Director, Peter Merola, explained that once HDP approves all of the applications, Riverbay should receive approximately $1.7 million annually in real estate tax abatement credits for the next 10.8
level, as well as keep Co-op City affordable.” According to Barry Zweigbaum of Goldberg Weprin Finkel Goldstein (Continued on page 2)
Annual National Night Out celebration and movie set for Tuesday BY BILL STUTTIG
For the third year in a row, Co-op City’s annual National Night Out celebration will feature the showing of a free outdoor feature film. This year, the celebration will take place on the north sector Greenway with the screen set-up north of the stage area. Also, the film will be the recent hit movie, The Avengers, which features a full array of evil-fighting superheroes, all of whom were originally created for the legendary Marvel Comic Books of the ‘50s and ‘60s. The movie begins at 8:30 p.m., but the celebration will start at 6 p.m. as local community organizations and businesses will provide information on services available in the community, and the 45th Precinct and Riverbay’s Department of Public Safety will offer information of available crime preven-
tion and community services. Public Safety officers will hand out DNA sample kits instructing parents how to take a DNA sample from their children, and properly store it so it can be provided to law enforcement agencies to help in identifying their child in case he or she ends up lost or missing. Public Safety officers will also be distributing information on the community’s RUOK program which is a daily phone check-in program for seniors living alone, updates on its emergency data base, and recruiting residents for Co-op City’s Mass Emergency Notification Program which contacts and alerts residents to emergency notifications concerning the community via e-mails and text messages to mobile digital devices. (Continued on page 2)
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Technological know-how leads to arrests of iPhone thieves BY BILL STUTTIG Moments after a local teenager was assaulted and robbed of a new iPhone while walking along Bartow Avenue last Wednesday afternoon, Public Safety officers were able to track down the alleged assailants by using some modern technology and some good old-fashioned footwork. The teenaged victim of the robbery reported to Public Safety that he was walking along Bartow Avenue near the former Bingo Hall when he was approached by two young men who asked him for the time. He reported that they then grabbed his iPhone from his hand and punched him around the head. When his two friends tried to intervene, they too were punched before the assailants ran away west on Bartow Avenue. Moments later, the teenagers reported the incident and theft to Public Safety headquarters, a block away in Bartow Center. Lt. Pam Apollo, who was the tour supervisor that afternoon, asked the young robbery victim for his e-mail address and password. Lt. Apollo said that she then
pulled out her own iPhone which is equipped with a “Find My i-Phone” application. She punched in the e-mail address and password and discovered that the stolen iPhone was now at the intersection of Edson and Bartow avenues. Lt. Apollo and three other officers, along with the three teenagers then jumped in a Public Safety van and drove to the location. When they arrived, they observed two men, who were identified by the victims as the thieves, boarding a Transit Authority bus which then headed south on I-95. Instead of giving chase, which is against Public Safety policy, Lt. Apollo continued to monitor her iPhone which had the “Find My iPhone” application still active. She watched as the iPhone’s location headed south on the highway along with the bus. According to Lt. Apollo, after a few moments, the stolen iPhone was stationary again near the intersection of Wilkinson Avenue and Bruckner Blvd., which is in (Continued on page 10)
Freedomland Commemorative Plaque Ceremony in Co-op City
The Friends of Freedomland and the Riverbay Fund are presenting a Freedomland USA Commemorative Plaque ceremony on Saturday, August 17, at the Bartow Avenue Mall. The ceremony will begin at 12 p.m. in front of the old Baskin Robbins location. Freedomland existed on this site from 1960-64 and attracted millions of visitors. This great theme park, shaped in the map of the United States, told the history of our country. The community is invited to celebrate the commemoration and to learn more about Co-op City’s rich history. A “super” reason to give blood … Riverbay employee Sandy Jimenez was one of 98 people who donated a pint of blood to the Riverbay Community Blood Bank on July 25th. The drive was administered through Hudson Valley Blood Service to help alleviate a serious blood shortage in the region. Blood donations typically drop to dangerous levels during the summer months because the number of blood donations drop due to vacations or the season’s increased emphasis on recreational activities. Still, the need for blood donations can increase during the summer months as the rate of traffic accidents and other incidents resulting in serious injury increases. All donors at the Riverbay Blood Drive receive a pair of free Mets tickets for a future game and are placed in a drawing for a pair of tickets to this year’s Super Bowl at Met Life Stadium in New Jersey on February 2nd. Co-op City residents will be given another chance to enter the raffle, receive the Mets tickets and — most importantly – donate a pint of blood at a second blood drive from 3 to 7:30 p.m. on August 15th in Room 31 of the Bartow Community Center. Photo by Bill Stuttig