Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2010 Co-op City Times
Vol. 45 No. 45
Saturday, November 13, 2010
Status report: Many major capital improvements complete; most other major projects nearing completion BY BILL STUTTIG A comprehensive capital projects status update released by Riverbay management on November 3rd and published in the Co-op City Times this week (see page 13) reports that 15 major capital improvement projects undertaken in the community, most made possible by the 2004 recapitalization refinancing, are either 100% complete or nearing completion by the end of 2011. According to the report, major capital (Continued on page 4) improvements fully completed within the last few years include: new elevators for all 35 buildings, shopping centers and garages (179 elevators in total); new common area lighting in all buildings and garages, much of it financed through a matching government energy grant; eight garages reconstructed; a new cogeneration plant which includes a new high pressure boiler, two new gas turbines A new ball field on the far south end of the north sector and a new steam tur- Greenway is being prepared as part of the ongoing Greenway bine; a new garbage restoration, one of many major capital improvements schedPhoto by Bill Stuttig transfer facility; nine uled for completion in 2011.
new playgrounds, two new ball fields and one new Greenway; a new security command center which controls more than 600 security cameras, many of them stateof-the-art digital, and 65 new lobby convectors in all high rise buildings. Riverbay General Manager Vernon Cooper, who helped oversee the commencement and ongoing progress of all of the major projects undertaken over the
City Council’s Transportation Chairman petitions MTA on behalf of Co-op City BY BILL STUTTIG The city’s powerful Transportation Committee Chairperson, City Councilman James Vacca, has intervened in the community’s ongoing fight with the MTA over the cuts and changes to the bus routes enacted this past June. Vacca has requested in writing that Thomas Prendergast, the President of the MTA’s New York City Transit, order a professional assessment of the bus service in Co-op City and then have his agency make the changes to restore the service in the community to an acceptable level. In the letter to Prendergast, dated Wednesday, November 10, Vacca stated: “I am writing to express my concern in regard to the numerous bus route changes that went into effect in Co-op City this past June, specifically the elimination of the Bx. 25 and the restructuring of the Bx.
26 and Bx. 38. On a recent trip to Co-op City, I was deluged with complaints from local residents who told me that, more than four months later, the new bus configuration has completely upended mobility options in this sprawling community. We desperately need your help on this issue.” Vacca, no stranger to the needs of Coop City, having served as the District Manager of Community Board 10 for 26 years before being elected to the City Council in November of 2005, visited Coop City on the morning after the bus route changes took effect and said he was appalled by the confusion that the riders of this community had to endure due to a lack of preparation by the MTA, resulting in little communication with the riders about the changes, specifically old maps (Continued on page 2)
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Board to meet over townhouse waiting list report BY DEREK ALGER Riverbay Board President Helen Atkins has called a special meeting of the Riverbay Board to discuss the findings of a report investigating allegations concerning a Director allegedly jumping over others on a townhouse waiting list. The General Counsel was directed to initiate an investigation and prepare a report of his findings after a Daily News article reported that four Directors released a memo calling for such an internal investigation. The head of Residential Sales at Riverbay was suspended for reportedly jumping a Director over others on the townhouse waiting list, though questions have been raised concerning the possibility of multiple waiting lists. Another reason for the investigation conducted by the General Counsel was
to ascertain whether the head of Residential Sales acted on his own or if others were involved in reportedly committing inappropriate actions. The Board is expected to meet this coming Monday in “executive session” to consider the findings and recommendations in the report. The report, prepared by the firm of Smith, Buss & Jacobs LLP, which acts as General Counsel for Riverbay, was completed earlier this week and distributed to members of the Board to read and digest before meeting as a whole. While it appears that the Director in question was jumped over others on the waiting list, one of the key issues the Board hopes to determine is whether the report conclusively proves that the respective Director knowingly (Continued on page 5)
November Community Board 10 meeting to be held in Co-op City on Thursday The final meeting of Community Board 10 for the year will take place in Coop City on Thursday, November 18, 7:30 p.m. at the Bartow Community Center, Room 31, 2049 Bartow Avenue, Bronx, N.Y. There no meetings in December. Please make every effort to attend.
Energy-efficient lighting coming to Co-op City parking garages BY JIM ROBERTS Riverbay Corporation has reached agreement on a ten-year efficient lighting installation and maintenance contract with Green Energy Management Services Holdings, Inc. (GEM) of Teaneck, New Jersey to replace and retrofit over 6,000 lighting fixtures and elements in eight parking structures within Co-op City. The contract will provide Co-op City with approximately $350,000 in annual electricity savings, and approximately $2.5 million in maintenance cost savings over ten years, by utilizing power-saving, long-life induction and LED lighting. The work will involve upgrading the lighting in the garages, retrofitting fixtures with 100 watt metal halide lamps with 40 watt magnetic induction lamp ballasts. Final paperwork to get the project underway is still being processed with the New York State Energy Research
Development Agency (NYSERDA). Work could begin as early as next month. The target date for completion is September, 2011. Riverbay received $1 million of a $7.4 million statewide grant for energy projects announced on July 20 by New York State Governor David Paterson. The money comes from the federal American Recovery and Reinvestment (ARRA) funding program that the federal government passed last year and which was signed by President Obama to stimulate the national economy and create jobs. These upgrades will provide cost savings of between 35% and 55% in energy and maintenance costs for induction lamps compared to other types of commercial and industrial lamps which they replace. The garages will remain well-lit with the new fixtures despite using less energy. (Continued on page 2)