Co-op City Times 12/24/11

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Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2011 Co-op City Times

Vol. 46 No. 52

Saturday, December 24, 2011

Deadline for return of postal surveys is Monday BY BILL STUTTIG Shareholders are reminded that the deadline to return the two surveys they received in the mail from the United States Postal Service is this Monday, December 26th, the day after Christmas. It is essential that a very large percentage of the community mail back both surveys – one for the Einstein Post Office and one for the Dreiser Post Office in order to prevent the closure of one or both. Just last week, the Postal Service announced that they are postponing any decision of the closure of facilities throughout the nation until May, but community leaders including Congressman Joe Crowley and Board Director Eleanor Bailey are urging residents not to be lulled to sleep by the delay, but to continue to voice their opinions and fight the closures. “We still need to keep the pressure on and it is essential that all residents here fill out both questionnaires they recently received and send them in before Monday’s deadline, December 26th,” Director Bailey said last week. She added that residents who have not yet received or have misplaced their

surveys in the holiday rush, can get additional surveys by contacting the District Office of Congressman Joe Crowley office at (718) 320-2314. Following the announcement by the Postal Service on December 14th about the delay in the potential closures, Crowley said: “With the holidays just days away, this decision is welcome news for families in Queens and the Bronx. While this decision does not mean our postal facilities are in the clear, it does allow for more time to seek alternatives to help USPS meet its financial obligations. I understand the Postal Service has a bottom line, but balancing its books on the backs of Queens and Bronx families is not the answer. I will continue to fight to keep these facilities open, keep jobs in Queens and the Bronx, and keep the critical services residents need in our community.” The deadline for returning the surveys on the day after Christmas is forcing residents to take time out from busy schedules during a particularly hectic time of the year. Cooperators United President Sonja Maxwell said that the (Continued on page 2)

Section 5 residents may park in Garage 5 at half cost BY ROZAAN BOONE A resolution approved by the Riverbay Board last Wednesday will allow Section 5 residents on the waiting list for a garage parking space in either Garage 7 or 8 the opportunity to park their vehicle in Garage 5 at half the monthly charge for unreserved parking. The resolution, which was submitted by Director Bill Gordon, Chair of the Board’s Garage Committee, and second-

ed by Director Khalil Abdul-Wahhab, noted that Garage 5, which is located in Section 4, has no waiting list and ample available parking. “This initiative has been in place for some time without a formal Board resolution and had been offered to new cooperators,” said Director Gordon. “The Board wanted this policy to be available to all

25¢

Looking towards the New Year I wanted to take the rush?" A judge the opportunity to President’s Message in Kings County wish a happy Supreme Court in Chanukah, merry Brooklyn issued a President Christmas, happy ruling in February Kwanzaa, and a which may have wonderful winter holiday season to tremendous implications on the entire everyone regardless of how or what they issue of privatization. celebrate. It's a time of year for joy and Quite simply, the judge ruled that the good will, and of fun and excitement, privatization of Trump Village 3 will cost particularly for children. Many will be the reconstituted cooperative more than visiting families and I'm extending my $21 million in New York City transfer best to everyone for a happy and safe hol- taxes. As long as this issue remains unreiday wherever you may be. solved, no action can be taken on privatiAs we look toward the new year, I zation. Trump Village has challenged the hope we can see the Board working amount of the tax in court, but it's anytogether as a true governing body instead body's guess when a final determination of engaging in petty politics; politics, I'm will be made. afraid, where the best interests of the Perhaps more important, from a financooperators tend to be forgotten. We, as a cial standpoint, if the current ruling Board, were elected to represent our fel- stands, if Co-op City decides to privatize, low cooperators to the best of our ability, we would be subject to a tax of approxiand that is a responsibility I take very mately $60 million in transfer taxes. And seriously. if the Brooklyn Judge's ruling stands conI want to report that it sounds as if cerning the city transfer tax, being a state Stephen Kaufman, our Assemblyman for Mitchell-Lama, there is little doubt that so many years, and HCR Commissioner the State of New York will also move to Darryl C. Towns are making progress in charge Co-op City a transfer tax. efforts concerning the $4 million we are "The devil is in the details," as the spending per year on what has proven to saying goes, and whether one is for or be unnecessary abatement and air moni- against privatization, now was just not the toring on our floor tiles. I was pleased time to take a vote committing us to anythat Commissioner Towns came to Co-op thing to do with the privatization process City in September, and I am confident when there are too many unknown facthat these two gentlemen will continue to tors ahead. press our case before the powers that be. For the new year, I believe it's enough Ultimately, right is on our side. to concentrate on what we can effectiveThis past week was a major one in ly control, such as getting the most for determining what we, as a Board, should our carrying charge dollars. We need to concentrate on, and that is our fiduciary concentrate on savings, while still ensurresponsibility and trying to represent the ing essential services, services cooperabest interests of the people of Co-op City. tors expect, are delivered in a timely and The Board convincing voted to reject a cost effective manner. resolution calling for a community wide There is always room for improvereferendum, which, if passed by a simply ment, and if one really wants, it's not hard majority of those voting, would move to find things to complain about, but the forward with the privatization process by bottom line is Co-op City still remains, calling for a feasibly study to be conduct- by far, the best housing buy in New York ed, not to exceed $100,000. City. I, for one, am grateful to live here I want to repeat, I have an open mind and I love our community and am when it comes to privatization, but I have certainly proud to represent my fellow to agree with my fellow Director Khalil cooperators as President of Riverbay Abdul-Wahhab when he asks, "What's Corporation.

Helen Atkins

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Early deadline notice Riverbay’s administrative offices will be closed on Monday, December 26th in observance of the Christmas Holiday, and again on Monday, January 2, 2012 in observance of New Year’s Day. Because of these holiday shortened work week, Directors’ viewpoints and community organizations’ articles must be submitted by 9 a.m. on Tuesday, December 27 and on Tuesday, January 3rd, 2012. Material submitted after these times will not be considered for publication in the Saturday, December 31, 2010 and the Saturday, January 7, 2012 issues of the Co-op City Times. Please note that the regular business hours of the Co-op City Times are 9 a.m. to 5 p.m. each weekday. Material for publication may be emailed to cctimes@riverbaycorp.com; faxed to (718) 320-2595 or slipped under the office door at 2049 Bartow Ave., Rm. 21. The Co-op City Times will be delivered as usual on Saturday, December 31, 2011. Although the administrative offices will be closed on Monday, December 26 and January 2, shareholders may contact their local CSO for services and the Co-op City Public Safety Department at (718) 671-3050, and 9-1-1 with emergencies. We wish our readers a happy Hanukkah, merry Christmas, happy Kwanzaa and a healthy and prosperous New Year.

Holiday magic out of the mouths of babes… Children from Co-op City’s Garvey School chorus, ages 5 to 8, sing holiday songs for seniors attending JASA Senior Center’s annual Christmas luncheon at the Einstein Center Thursday afternoon. The program included a rousing rendition of O Holy Night sung in French. After the performance, the children were treated to gifts handed out by the seniors and donated by the general community in response to a toy drive sponsored by CCPD and the Riverbay Fund. Thank you to all who donated to this effort. Photo by Bill Stuttig


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