CELEBRATE THREE KINGS DAY! ¡FELIZ DIA DE LOS REYES!
Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2016 Co-op City Times
Vol. 51 No. 1
Saturday, January 2, 2016
Co-op City’s 19th Annual Kwanzaa Celebration BY LAURETTA J. JAYSURA
More than 100 Co-op City residents and their guests, ranging in age from young children to senior citizens, many dressed in traditional African attire, came out to the 19th annual Kwanzaa Celebration held this past Sunday,
junction with the African-American Association, the community’s annual Kwanzaa celebration is a traditional, joyous affair that keeps getting bigger and better with each passing year. “I enjoy Kwanzaa because it is a time to celebrate our own culture with
Francine Reva Jones leads other community leaders in commemorating the annual celebration of Kwanzaa
December 27th in the Bartow Center. Presented by the Coalition of African-American Churches & Community Organizations of Co-op City in con-
family and friends,” said one of the many celebrants in attendance. Another
See page 6 for First Business Day notice (Continued on page 2)
Window Guard Notices to be mailed to all shareholders January 4; return process is changing This time every year all NYC building owners, including Co-op City, are mandated to mail out window guard notices to all residents as part of NYC’s program to prevent children from falling from windows. This annual process requires Co-op City households to return a fully-completed and signed Window Guard Form. The return process is changing slightly this year. In years past the form was mailed back to Riverbay for processing and a printed envelope was provided to mail the completed form back to Riverbay. This year, each household will be mailed the form on a large postcard (no envelope) with a perforated section. (The mailing will also include a copy of the 2016 NYC Fire Safety Guide.) Shareholders are required to fully complete the window guard form and then separate the form along the perforation and mail it back to the printed address which will be the address of Jack Jaffa and Associates, a widely-used New York City based Safety Notice Mailing Service. (See page six for a sample copy of the form). The Jaffa firm will then track the process, scan the response and provide a computerized accounting of the required return of each form for each home, reducing the cost while improving the efficiency of the process. If you prefer, the completed and signed Window Guard Forms can still be returned to Riverbay in person by dropping them off at your CSO office. For persons who need help in filling out the forms, CSO staff will again be provided to assist. The forms will begin being mailed out by Monday, January 4th and each household should receive their form by the end of next week. The deadline for their return is February 15th. Households who do not return the form by the deadline will have a second notice delivered to them in person. Window guards can save a child’s life.
25¢
Outside broker negotiates big rent hike with major tenant in Bartow BY JIM ROBERTS
The Rite Aid Pharmacy in the Bartow Shopping Center will continue to serve Co-op City residents for many years to come following its lease renewal negotiated for Riverbay by outside commercial real estate broker KZA Realty Group. Rite Aid extended its lease for the 8,045-square-foot space for another 15 years and will pay a significant increase on its current rent that will provide shareholders with several million additional dollars over the life of the lease. Rite Aid has been in the Bartow Center for over 20 years. The Riverbay Board of Directors approved the Rite Aid lease extension by a vote of 11-0 with four members absent at its Dec. 17 meeting. KZA Realty was retained to attract and retain commercial tenants into
Co-op City’s three shopping plazas at market rent prices in order to increase the rental income for Co-op City shareholders. The Rite Aid lease is the first deal that KZA has negotiated for Riverbay. “Because Bay Plaza is across the street from Co-op City, I think it’s (Continued on page 2)
2015 Year in Review: July - December BY BILL STUTTIG The following is an account of the major events occurring in, or affecting Co-op City during the last six months of 2015 as reported by the Co-op City Times. Last week’s issue featured an account of the first half of 2015. JULY During the first week of July, the Department of Public Safety began training 17 new recruits who would then join the Public Safety force in September. It is the first new class of recruits in more than three years as the new officers were needed to replace those who left due to retirement or moving on to another agency. The new class, the first to be led by new training director Lt. Shelda Williams, helped the department restore its rolls to approximately 100 full-time officers. The need for a fully-staffed Public Safety force was made clear on the morning of July 1, as 19 vehicles parked near the intersection of Co-op City
Blvd. and Baychester Avenue were vandalized. In the weeks that followed, Department of Public Safety undercover officers were used to concentrate on this recurring problem and an arrest was made, stopping the troubling crime spree. As part of its ongoing reorganization, Riverbay Corporation hired a Director of Procurement to oversee the c o m m u n i t y ’s purchasing, procurement and inventory control. The new Procurement Director, Jose Mendez, brought 20 years of relevant corporate supervisory experience to the community. One of Co-op City’s most popular resident services, the annual summer (Continued on page 3)