Co-op City Times 05/04/19

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RIVERBAY BOARD ELECTION SUPPLEMENT: PAGES 27-36

DHCR Approves First Ever Mitchell-Lama Apartment Downsizing Waiver Following Riverbay’s Request Vol. 54 No. 18

Saturday, May 4, 2019

Program to be Tested for One Year

New York State Division of Housing and Community Renewal (DHCR) has approved Riverbay Corporation’s request for a waiver to the occupancy regulation to allow senior and DRIE-eligible shareholders to downsize to smaller apartments, if they meet established criteria, without having to pay the current equity for the new apartment. This is the first time that DHCR has granted such a waiver to a Mitchell-Lama housing corporation. “Wow! It is one of the high points in my tenure as president of the Riverbay Corporation Board of Directors to be able to announce that HCR has officially approved the pilot program for one year of the zero downsizing for seniors and the disabled,” Riverbay Board President Linda Berk announces to the community in her President’s Report this week. Riverbay’s Executive General Manager Bob Klehammer said: “I thank HCR for approving our request to allow downsizing. Not only will this allow elderly and handicap residents to remain in the community and lower their housing costs, but (Continued on page 13) BY ROZAAN BOONE

Ballots For 2019 Board Election Mailed Voting begins at 6 a.m. on Wednesday, May 8

Riverbay Board of Directors 2019 election ballots, enclosed in bright orange-colored envelopes, will soon begin arriving in Co-op City shareholders’ mailboxes. Riverbay’s independent election contractor, Election-America, confirmed that the ballots were mailed by first class mail on Thursday, May 1. Shareholders who do not receive a ballot by May 8 are asked to contact Election-America by phone at (877) 466-7875, or by email at help+river@election-america.com. The voting period will begin at 6 a.m. on Wednesday, May 8, and end promptly at 9:00 p.m. on Wednesday, May 22, 2019. Shareholders have two options to register their votes – mail-in or electronically using their computer, smart phone or iPad. Mail-in ballots must be returned directly to Election-America in the stamped, addressed envelope included with their ballots, and must be postmarked no later than May 22 BY ROZAAN BOONE

An Accomplishment For Co-op City $1.25

Linda Berk

President’s Message

President

Wow! It is one of the high points in my tenure as president of the Riverbay Corporation Board of Directors to be able to announce that HCR has officially approved the pilot program for one year of the zero downsizing for seniors and the disabled. This is a program that has been requested for over six years. Officially, from 2014, when a resolution was passed to ask Management to bring a plan to the Board to be presented to HCR. We, the Board, continued to push at every opportunity to get HCR to commit to a position one way or the other. We even asked Management to raise the issue with Lt. Governor Hochul when she visited Co-op City. Her reaction gave us hope, (Continued on page 2)

Riverbay Sponsors “Cosmic Adventure” at Truman Planetarium Sunday

Co-op City’s 50th Anniversary celebration continues tomorrow, Sunday, May 5, with a very rare event – the Truman Planetarium will be open to the public for a free showing of “Cosmic Adventure,” sponsored by Riverbay Corporation. Taking place right here in Co-op City at Truman High School, located at 750 Baychester Avenue, the event begins at 3 p.m. with the first showing at 3:15 p.m. “The show takes us on a roller-coaster ride from the moon through the universe, our galaxy and our solar system,” event coordinator Alena Powell said. Most cooperators are unaware of, what Ms. Powell refers to as, “Co-op City’s best kept secret.” Normally, the planetarium is not open to the public, but it will be for this special presentation. “This is one of the events I’ve been really hoping could be opened up for Co-op City to experience so you don’t have to go all the way down to the Hayden Planetarium; you literally just go to your backyard and see this,” Ms. Powell said. “Cosmic Adventure” is approximately 25 minutes long and there will be a second showing at 3:50 p.m. for those unable to make the first show. Refreshments will be served at the event and all ages are encouraged to attend. This event is open to the public so arrive early. BY BRANDON ORTIZ

2019 Riverbay Board election ballots in bright orange-colored envelopes will soon be arriving in the mail. Voting begins on Wednesday, May 8 and ends on May 22, 2019.

in order to be counted in this year’s election. Election ballots should not be returned to Riverbay Corporation or delivered or given to a Riverbay staff member. Electronic ballots must be transmitted and received by Election-America no earlier than 6 a.m. on May 8, and no later than 9:00 p.m. on May 22. Those who choose to vote electronically will need the PIN and CODE specific to their respective apartment which is included (Continued on page 14)

2019 BOARD ELECTION CANDIDATES’ FORUM #3 Mon., May 6, 7:30 p.m., Dreiser, rm. 4 ALL SHAREHOLDERS ARE INVITED! Speakers must sign up between 6:45-7:30 p.m. ONLY!

Public Invited

Express Bus Now Cashless Only Accepting MetroCard

During the new city-wide Metropolitan Transportation Authority’s fare hike that went into effect on Easter Sunday, April 21, the Express buses went from $6.50 to $6.75 and are now “cashless,” meaning, coin payments will no longer be accepted; riders can now only board using a MetroCard. Although base fare for the Express bus fares increased 25 cents to $6.75, the Express Bus Plus MetroCard that was formerly $59.50 is now $62. According to a spokesman from the MTA, fewer than 1% of riders used coins for express rides, which slowed down service. “We’re committed to safely speeding up our (Continued on page 2) BY TORIEA McCAUSELAND


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