1 minute read
Navigating the Legal Landscape: Marijuana Laws and Rules in NYC Public
in the United States regarding the perception and Marijuana
Knowing the Law: What is Criminal Trespassing?
Advertisement
What is Criminal Trespassing?
(Continued on page 23)
OPPORTUNITIES AT CO-OP CITY
CONTRACT OPPORTUNITIES ONLY, please contact: Lenya Garcia at Lgarcia@riverbaycorp.com; and Anatoliy Budnitskiy at abudnitskiy@riverbaycorp.com. Please note: emails should be sent to both parties.
EMPLOYMENT OPPORTUNITIES
CONTRACT OPPORTUNITIES
There are no contract opportunities to list this week. Please check back.
EMPLOYMENT OPPORTUNITIES
“Riverbay Corporation” www.Indeed.com www.Glassdoor.com please search either site
Surprisingly, we had a good board meeting on Wednesday, July 12, 2023. So, let’s see what happened.
Cooperators Losing Money
We have 15,372 apartments here. And, NYS wants to return money annually from the STAR program to everyone that owns an apartment here. But, can you believe that the STAR funds are only being issued to our shareholders that are living in about 5,000 apartments? And, that means that the other shareholders that are living in the other 10,000 or so apartments (we have vacancies) are not receiving any money from this program.
To me, this is a shame because lots of information was published in the Co-op City Times about the STAR program. We also published information about the amount of money that was issued to our cooperators. So, a cooperator could receive approximately $100 if they were enrolled in the Basic STAR program. And, our seniors could receive approximately $200 if they were enrolled in the Enhanced STAR program.
But, as you can see, the majority of our shareholders didn’t bother to enroll in this program. So, they lost money that actually belonged to them. Furthermore, it’s possible that they have been losing money for many years.
So, I brought up these issues during this same board meeting. Then, I mentioned that we should try other means to get this information into the hands of all of our shareholders. For instance, we should place notices about the STAR program into the same envelopes as the monthly carrying charge statement. This way, there is no excuse for them to not enroll into this program.
Then, our Executive General Manager Marvin Walton agreed to have the notices placed into everyone’s carrying charge envelope. Additionally, he said that he was going to make sure that the information concerning the STAR program will be distributed to everyone.
Bottom line: How does it look for 10,000 shareholders to lose out on millions of dollars every year because they’re not enrolled into a program? Horrible! Therefore, from my perspective, we must step up and help them.