Vol. 59 No. 4
Saturday, January 27, 2024
Co-op City Welcomes New York City Mayor for “Talk with Eric” Townhall BY LAURETTA JAYSURA
The Dreiser Community Center in Co-op City was buttoned down on Monday, January 22, to welcome the 110th New York City Mayor, Eric Adams, to Co-op City, Bronx. Extra security was evidenced everywhere as neighbors and Bronxites clamored for seats to join and hear the Mayor. Styled after town hall meetings, “Talk with Eric” series is designed to offer communities, neighbors and friends an opportunity to hear directly from one another and to (Continued on page 5)
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HCR Virtual Conference to be Held Tuesday on Proposed 2.1% Carrying Charge Increase Deadline to Submit Written Comments is Monday, Jan. 29 BY ROZAAN BOONE
Mayor Eric Adams addresses cooperators at the Co-op City “Talk with Eric” held in the Dreiser Auditorium on January 22.
Recap of January 24th Report to the Riverbay Board Management Report
Marvin L. Walton
Riverbay Executive General Manager On behalf of Douglas Elliman Property Management, I am pleased to present the Management Report for Riverbay Corporation for the period ending December 31, 2023. This Management Report provides updates on the fire that occurred in Garage #1, LL11 Project, elevator outages and convector initiatives that have been in motion for the last several months. Fire In Garage #1 At approximately 5:22 p.m. on 01/14/2024, CCPD contacted the Parking & Leasing Dispatcher to report a fire in Garage #1. Soon after the call, and just before staff arrived at the scene, the fire was extinguished. The incident occurred on the 2nd floor of the garage (D side). The fire started in one vehicle and spread to neighboring vehicles. In all, ten vehicles were affected, three of which sustained damages. FDNY concluded there was no foul play. The Parking and Leasing department contacted the owners of the affected vehicles. (Continued on page 4)
Co-op City shareholders, their representatives and Riverbay Corporation will have the opportunity to meet with representatives from the New York State Division of Housing and Community Renewal (HCR) on Tuesday, January 30, to discuss Riverbay’s application for a proposed 2.1% carrying charge increase. The Division has also been accepting written comments from shareholders since publication of the HCR Notice about the increase application in the Saturday, December 16, 2023 Co-op City Times. The deadline to postmark or email written comments to HCR is this Monday, January 29, 2024. Written comments should be sent to: George Simon (email address: george.simon@hcr.ny.gov) New York State Division of Housing and Community Renewal Office of Integrated Housing Management Bureau, OHP 641 Lexington Avenue, 4th Floor New York, NY 10022 HCR invites shareholders to comment on the “allegations and figures” contained in the application. The directive states that cooperator representatives may assist them in preparing comments and that the HCR Commissioner may “fix carrying charges, appliances and parking (Continued on page 2)
Board Conducts January 24th Business meeting in Open Session in Bartow Center
BY ROZAAN BOONE
Shareholders were able to watch the January 24th Board Business Meeting on the Riverbay Crawler while others opted to attend in person as the Riverbay Board conducted its business meeting in Room 31 of the Bartow Center. The meeting was called to order at approximately 7:08 p.m. The Roll Call was taken by Board Secretary Bernard Cylich, followed by approval of the agenda which was amended by Board President Sonia Feliciano to include an amended insurance resolution and addition of In-Kind Service/Room Rentals, cannabis dispensary, discussion of the May 2024 Riverbay Board of Directors election and elimination of the planned executive session. The Board approved the amended agenda as well as the Minutes of the December 20, 2023 Board Business meeting. In her President’s Report, Board President Sonia Feliciano reviewed how financially challenging 2023 was for everyone, including Riverbay Corporation and its shareholders, due to cost increases in goods and services driven by “a volatile supply chain and increased demand for products.” She informed shareholders that scaffolding associated with Local Law 11 work is being taken down and the affected areas cleaned up, adding that shareholders will be able to once again sit on the benches and walk through their neighborhood without going through a maze. “The project cost us $77 million – a needed project that ensures the safety of (Continued on page 13)
Persons of Interest in Co-op City Package Thefts
Co-op City Department of Public Safety has identified two males, as well as one individual, all pictured above, as persons of interest in ongoing package thefts throughout the Co-op City community. The 2-man team operates with one male usually holding the elevator door. The second pillages the hallways retrieving packages that have been delivered at apartment doors. If you have any information on any of these suspects, take no immediate action. Notify Co-op City Detectives via the CCPD TIPS Line at (718) 879-6311. If there is no answer, please leave a contact number. Reports can be treated as confidential. Photos courtesy of CCPD