Co-op City Times 7/27/19

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Lots to do in the year ahead Vol. 54 No. 30

Saturday, July 27, 2019

Editor’s Note: This President’s Message nity. We have accomis Riverbay Board Presplished a great deal over ident Linda Berk’s rethe past few years, President port to the full Board of which I will not go into Directors on the occanow, but we still have a sion of the Board’s first regular mighty task before us. meeting following the election Last year, we dealt with earlier this year. divisive and trust issues that Good evening fellow Board took our energy away from directors, Management, staff time we could have dediand guests. I am humbled to cated to the community. It is be before you tonight as the my hope we can move past elected president of Riverbay personal agendas and perCorporation. I am genuinely sonal differences; that is up excited about the year ahead of us; anx- to us. Dialog, debate and discussions ious to complete our current capital proj- can be for good and lead us to more ect property improvements and to begin opportunities to resolve the challenges other projects, such as the renovation of we face. Different opinions are part of Dreiser auditorium, the power plant com- a healthy democratic environment. It pletion, lobby doors on towers and triple sparks debate and burgeoning ideas. I cores, and successfully tackling long am excited about moving forward this standing and frustrating issues such as year, working together on the issues customer service, leaking convectors and (Continued on page 2) the integration of dogs into our commu-

Linda Berk

First shareholders navigating laundry room refurb The dryers are new. The washers are new, and bigger in some cases. The technology for payment is new — and more advanced — and there are new tables. The laundry room refurbishment for Tower 34 is complete. But nothing’s perfect, and, as of the Co-op City Times visit Tuesday, July 23, there were still a few kinks to work out. Shareholders in the laundry room told the Times four of the new dryers didn’t work outright, one of the washers needed two cycles to get the clothes inside clean and the app for paying the machines failed to do so. Management was made aware of the problems and was working to address them. BY JASON CHIREVAS

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These are five of the new machines installed in Tower 34 as the first part of the Co-op City-wide overhaul of all laundry rooms. The new machines are more energy efficient, some feature higher capacities, and all can be paid with a new smart card or an app on shareholders' mobile devices. Photo by Brandon Ortiz

$1.25

Co-op City power plant aided Con Ed, city through sweltering weekend There is a pivotal moment in J.R.R. Tolkien’s fantasy epic, “The Lord of the Rings,” — in “The Return of the King” specifically — when the nation of Gondor signals its plea to the neighboring kingdom of Rohan, not always its closest ally, for help in the fight against the evil forces of Mordor. “Gondor calls for aid,” the king of Rohan is told. “And Rohan will answer,” is the king’s reply, and off they ride. Strip away the fantasy trappings and the crisis of war and replace them with New York City’s sometimes beleaguered power grid and an intense summer heat wave, and a similar situation occurred last weekend when Manhattan-based Con Edison, the city’s and Westchester’s energy giant, had to take advantage of a two-part agreement with Co-op City, owner of its own dedicated power plant, to stave off the oppressive heat and keep as much power flowing to as many of its customers as possible. Con Ed called for aid, and Coop City answered. The program is called Demand Response, and it includes two parts, both of which provide compensation to Co-op City any time Con Ed takes advantage of it. “One is a capacity payment,” Riverbay Asset Manager Anthony The Co-op City power plant not only kept Ligato told the Co-op City Times. shareholders out of the dark during last “The other thing we do is deliver weekend's heatwave, it also was called upon more power to Con Ed.” to help Con Ed power the rest of the city, What that means, Mr. Ligato something for which Riverbay is monetarily said, is, from May to September, compensated every time it happens. Con Ed pays Co-op City to mainPhoto by Toriea McCauseland tain the capacity to deliver excess

BY JASON CHIREVAS

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Do not rescan your TV!

Shareholders may be aware from notices from their local TV stations that a few channels will be moving on August 1. This move will be done by those stations in Manhattan as part of a restructuring of their services. Please DO NOT rescan your TV. After the TV stations have completed their adjustments, Riverbay will make the necessary changes to the master antenna to keep those channels in the same location on the MATV system. Some shareholders may have also noticed that Fox 5 was missing “off & on” on the line-up for a couple of days. This was because of Channel 5 moving to an auxiliary Low Power Antenna in New Jersey. As a result, WNYW will only be available in analog until they are finished with their upgrade. More information will be in next week’s issue of the Co-op City Times and on the Riverbay Crawler.


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