Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2017 Co-op City Times
King Insists No More Mall Development Near Co-op City
Vol. 52 No. 35
Saturday, September 2, 2017
BY JIM ROBERTS
Co-op City’s City Council member Andy King will sit down in September to hold further talks about developing an empty city-owned 12-acre parcel near Co-op City. He’s bringing several options to the table but, for him, one idea already shot down remains a non-starter. A major retail shopping mall is out. “For the last five years, I was talking with the developer Grid Properties, EDC and the MTA and the City Planning Commission. I was in conversation with everybody for five Officials will discuss this month what to build on an years. There was no empty 12-acre site on East Gun Hill Road near Co-op confusion about where City. Photo by Jim Roberts my position was and is, as well as talking with residents of the 12th District and beyond,” King said in an interview this week with the Co-op City Times. “I said to them this 12-acre parcel is one of the last parcels in the Bronx and the last thing I want to do is put a shopping center in there.” King said he has brought up a wide range of options for development on the site on the other side of I-95 opposite the Bay Plaza (Continued on page 4)
New York City’s Elected Offices Up For Grabs On Primary Day, Sept. 12th
BY BILL STUTTIG
Elected offices in New York City government, including Mayor, Borough Presidents and City Council representatives will likely be decided in the Democratic Primaries on Tuesday, September 12th. While never drawing the same turnout as Election Day in November, Primary Day in New York City is perhaps more important than the general election because the vast majority of voters in New York City are registered Democrats making, in most cases, the Democratic Primary winner the likely final winner of the contested office in November. This is especially true with most New York City Council seats, especially in the Bronx. Co-op City’s City Council representative is Andy King, and he has served in that position since 2012 after he won a special election following the conviction of former City Councilman Larry Seabrook. Councilman King is widely expected to hold onto his seat, but is receiving some competition from Pamela Hamilton Johnson, an education and community advocate who lists support for youth and senior programs, and help for working families as her top priorities. Last year, she tried unsuccessfully to win the Democratic Primary election for Co-op City’s State Senate seat, the seat eventually won by Jamaal Bailey. Also running against Councilman King is Karee-Lyn Gordon who also lists improving the district’s schools as her top priority. (Continued on page 4)
25¢
Financial Statements On July 25, 2017 President’s Message effort to make sure PKF O’Connor Davies, every shareholder LLP delivered Riverknows they are a bay’s financial stateshareholder and not President a tenant. The spirit ments for years ended and attitude of a March 31, 2017 and cooperator comes from 2016. I am happy to report knowing and believing you to you that Riverbay Corshare in the ownership of poration is in the strongest the corporation. By all financial position it has means, your thoughts and been in in decades. We questions about this report closed this past fiscal year are appreciated. with $34,286,000, yes $34 We are a City! million in cash and cash Co-op City has the same equivalents! challenges and advantages of any In the past two years, most other municipality. We maintain indices have moved in the desirable direction of either up or down. 15,372 apartments, over 330 acres Riverbay stands firmly in a position of grass, miles of sidewalk, three to address our many needs. Each shopping malls, eight garages, a tri-generation power plant, a 100shareholder will receive a copy of manned Public Safety department, this report in a couple of weeks for licensed to carry guns; a garbage your own edification; you should disposal plant, an auto mechanic have a copy of your corporation’s shop for our fleet of cars and over finances in your hand to read, evaluate and seek opinions. These state(Continued on page 2) ments are critical in the Board’s
Linda Berk
Happy Labor Day We wish our readers a happy and safe Labor Day holiday. In observance of the holiday, Riverbay’s offices will be closed on Monday, September 4. Although Riverbay’s offices will be closed on Monday, shareholders with maintenance emergencies may contact the Riverbay switchboard at (718) 320-3300, and follow the prompts for emergency maintenance. The Riverbay Public Safety Department can be reached at (718) 671-3050. You may also call 9-1-1 for emergencies.
Local Law 11 Work In Section 5 BY BILL STUTTIG
Extensive scaffolding surrounds three buildings in Section 5 – Building, 26, 30 and 31 – as mandated by the city’s Department of Buildings under New York City’s Local Law 11. Local Law 11, also known as the Façade Inspection Safety Program – requires all owners of buildings in New York City over six stories tall to have a certified inspector inspect each building and submit a report on the inspection to the Department of Buildings (DOB) every five years. The law then requires the owner to commence the repairs that were deemed necessary in the certified report to the DOB. All of Section 5 was inspected earlier this year, and repairs were deemed necessary throughout. Three buildings require more extensive work and as such the safety barricades and bridging were erected as mandated by the Local Law 11. (Continued on page 4)