Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2017 Co-op City Times
Vol. 52 No. 25
Saturday, June 24, 2017
25¢
DCHR Commissioner To Rule On Linda Berk Reelected President; Rod Saunders To Head Riverbay Fund Proposed Carrying Charge Increase BY JIM ROBERTS BY BILL STUTTIG
Riverbay President Linda Berk was reelected president of the Riverbay Board of Directors by a 10 to 5 majority of her fellow directors at the Riverbay Board open meeting Wednesday evening, June 21, 2017. (Continued on page 2)
Staff members from the state Department of Homes and Community Renewal (DHCR) held a carrying charge conference last Monday, June 19 in the Dreiser Community Center as part of the agency’s review of the proposed increases in carrying charges and parking fees that Riverbay Corp. has requested. DHCR Commissioner RuthAnne Visnauskas will review all the information presented by Riverbay to support the request, along with comments from shareholders, and make a final decision on the proposal. Arlisa Blackwell of DCHR chaired the meeting at Dreiser. An audience of four dozen attended the meeting. Written comments on the proposed increases can still be submitted via mail to George Chan, Housing Management Bureau, Division of Housing and Community Renewal, 25 Beaver St., New York, NY 10004 on or before June 27. Peter Merola, Riverbay’s director of finance, explained at the June 19th meeting that the two increases, 1.9% this August 1 and (Continued on page 4)
Rainbow Over Co-op City Riverbay Counsel Jeffrey Buss (far right) swears in for a three-year term the newly-elected Riverbay Board Directors (l. to r.): Kevin Lambright, Daryl Johnson, Jerome Rice, Leah Richardson and Linda Berk. Photo by Bill Stuttig
NOTICE TO SHAREHOLDERS
After heavy rains dumped more than an inch of rain early Monday evening on Co-op City, in just two hours at dusk a rainbow appeared over the community as captured in this photo from Section 3 looking east towards Section 5. Photo by Elijah Bernard
Riverbay Summer Internship Lottery Drawing
Refocusing On Business Of The Corporation Dear Fellow Shareholders, community to respectfully engage in As your newly re-elected president this process. of Riverbay CorporaFocus on the tion, I am honored to President’s Message Business of the Corporation serve my community and will continue to Now that we have President offer all that I can to completed the Board improve the quality election process and of life, efficiency and imcampaigning is over, I hope proved services for all that we can get back to the shareholders. I am thankbusiness of the corporation ful and very grateful for for the benefit of all. We your support. I understand must do better! that there are many things The community is turned at Riverbay that need off by the public display improvement. I will strive of anger and backbiting. I to provide the leadership remember how it turned me to tackle these necessary challenges we face and invite the (Continued on page 9)
Linda Berk
Photo by Bill Stuttig The lottery drawing for the 2017 Riverbay Learning Institute (RBLI) Summer Internship Program (Continued on page 4)