Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2016 Co-op City Times
Vol. 51 No. 53
Saturday, December 31, 2016
Power plant fuel switchover capabilities saves shareholders more than $5 million in fuel costs BY BILL STUTTIG
While the Power Plant realized more than $2.5 million in payments and savings for Co-op City shareholders this past year because of its proven ability to shed load and export electrical power to Con Edison upon request, the heating portion of the plant – specifically its ability to switchover from natural gas to oil upon request by Con Edison during periods of high natural gas usage, saves the community an additional $5 million per year, according to the community’s energy consultant Great Eastern Energy. The discounted interruptible fuel rate, is contin-
gent on the plant having and successfully performing its ability to switch over from natural gas to oil on very short notice from the utility. Failure to do so results in steep penalties from Con Edison and repeat failures will result in Riverbay being forced off the interruptible pay rate for an extended period of time. During the early morning hours of December 16th, as outside temperatures dipped into the midteens for the first time all season, Riverbay was asked by Con Edison earlier the previous day – Dec. 15th, to make the switch from natural gas use to oil burning capabilities. (Continued on page 2)
Riverbay Offices Will be Closed Monday, January 2. See page 2 for Co-op City Times’ Early Deadline Notice.
Public Safety Arrests Resident For Drunk Driving on Dreiser Loop
BY BILL STUTTIG
Public Safety officers on routine patrol, along with alert and concerned community residents, stopped an obviously intoxicated woman from getting back in her car and driving after she stopped her car on Dreiser Loop to allegedly buy more alcohol at a local retailer. According to the Public Safety report on the arrest which occurred at approximately 2 p.m. on Monday, December 19th, the arresting officers observed the suspect driving on the wrong side of the street on Dreiser Loop, and then make a u-turn, stop and leave the car to go into a local liquor store. (Continued on page 9)
2016 Year in Review: January to June BY BILL STUTTIG
The following is an account of the major events occurring in or affecting Co-op City during the first six months of 2016 as reported by the Co-op City Times. Next week’s issue will feature an account of the last half of 2016. January: The drive to generate increased revenues for the shareholders of Co-op City began in earnest in January as the Rite Aid Pharmacy in Bartow Shopping Center renewed its lease for another 15 years at a significant increase in its monthly rent. The new lease was negotiated by KZA Reality Group, one of the borough’s leading commercial real estate bro2015 Year in Review: July - December kers, who recently contracted with Riverbay to not only fill the community’s vacant commercial spaces, but bring the leases of existing commercial tenants more in line with market value standards for the borough. The final three months of 2015 produced unusually warm weather and the result was energy savings of $1.6 million for the community as compared to the same three months of 2014. In early January, Riverbay President Cleve Taylor floated the idea to shareholders CELEBRATE THREE KIN ¡FELIZ GS DAY! DIA DE LOS REYES!
Co-op City’s
Vol. 51 No. 1
official newspaper
serving the world’s
2016 Co-op City largest cooperative communit Times
Saturday, y. January 2, Co-op City’s 2016 19th Kwanzaa Cele Annual 25¢ Outside brok bration er hike with majo negotiates big rent More than 100 junction with Co-op City the © Copyright
BY LAURETT A J. JAYSURA
residents and their guests, young children ranging in age from to senior citizens, dressed in traditional many African attire, came out to the 19th annual Kwanzaa Celebration held this past Sunday,
African-American Association, the community’s Kwanzaa celebratio annual joyous affair that n is a traditional, keeps getting and better with bigger each “I enjoy Kwanzaapassing year. because it is time to celebrate a our own culture with
Francine Reva Jones leads annual celebratio other communit n of Kwanzaa y leaders in commemorating
December 27th in the Bartow Center. Presented by the Coalition of African-American Churches & Communi Organizations ty of Co-op City in con-
See page 6 for
the
family and friends,” said one of the many celebrants in attendance. Another
First Business
Day notice
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Window Gua mailed to all sharrd Notices to be 4; return proc eholders January ess is changing This time every year all NYC
building ed to mail out window guard notices to owners, including Co-op City, vent children from are mandatall residents as households to returnfalling from windows. This annualpart of NYC’s program to prea process requires The return process fully-completed and signed Window Co-op City is changing slightly Guard Form. back to Riverbay this year. In years for processing past the form was completed form and a printed envelope back was provided to mailed on a large postcard to Riverbay. This year, each mail the household (no envelope) with include a copy a perforated section. will be mailed the form of the 2016 NYC (The mailing will fully complete also the window guard Fire Safety Guide.) Sharehold ers ration and mail form it back to the printed and then separate the form are required to and Associates along address which , a widely-used will be the address the perfoNew York City (See page six for of Jack Jaffa based Safety Notice a sample copy of the form). Mailing Service. The Jaffa firm will puterized accounting then track the process, scan the response and cost while improving of the required return of each provide a comform the efficiency of for each home, If you prefer, reducing the the process. the returned to Riverbay completed and signed Window in person by dropping Guard Forms who need help can still be them off at your in filling out the CSO office. forms, forms will begin being mailed out CSO staff will again be provided For persons should receive by Monday, January to assist. The their form by the 4th and each household February 15th. end of next week. Household second notice delivered s who do not return the The deadline for their return is form by the deadline to them in person. will have a Window guards can save a child’s life.
r tenant in Bart ow
BY JIM ROBERT S The Rite Aid Bartow Shopping Pharmacy in the Center will continue to serve Co-op City residents for many years to come renewal negotiatedfollowing its lease for Riverbay by side commerci al real estate broker outRealty Group. KZA Rite Aid extended its lease for the 8,045-square-foot space for another years and will 15 pay a significan t increase on its current rent that will shareholders with provide several million tional dollars addiCo-op City’s over three Rite Aid has been the life of the lease. market rent prices shopping plazas at in the Bartow for over 20 years. Center the rental income in order to increase The Riverbay holders. The Rite for Co-op City shareBoard of Directors approved the deal that KZA Aid lease is the first Rite Aid lease extension has negotiated by a vote of Riverbay. 11-0 for absent at its Dec. with four members “Because Bay 17 meeting. KZA Realty was street from Co-opPlaza is across the retained to attract and retain commerci City, I think it’s al tenants into (Continue d on page 2)
BY BILL STUTTIG The following Blvd. and is an account major events occurring of the dalized. Baychester Avenue were vanIn the weeks in, or affecting Co-op City during that followed, Department of Public Safety undercove of 2015 as reportedthe last six months officers r were used to concentrat Times. Last week’s by the Co-op City recurring e on this problem issue featured account of the an made, stopping and an arrest was first half of 2015. the troubling crime JULY spree. During the first week of July, the Departmen As part of its t of Public Safety began training ongoing reor17 new recruits ganization who would then , join the Public Riverba Safety force in y September. It is Corporatio the first new class n of recruits in hired a Director more than three years as the of Procurement new officers were to oversee the replace those who needed to left due to community retirement or ’s moving on to purchasing, proanother agency. The new class, curement and the first to be led by new inventory contraining director trol. The new Williams, helpedLt. Shelda the departme Pro restore its rolls to approximately nt Director, Jose Mendez, c u r e m e n t full-time officers. 100 years of relevant corporate brought 20 The need for supervisory experience to a the community. Safety force was fully-staffed Public One of Co-op made clear on City’s most morning of July the resident 1, as 19 vehicles services, the annual popular parked near the intersectio summer n of Co-op City (Continue d on page 3)
(Continued on page 3)
25¢
Riverbay Disabilities Committee Hosts Seminar For Combatting Winter Depression BY BRANDON ORTIZ
The Riverbay Board’s Disabilities & Accommodations Committee (DAAC) kicked off their bi-monthly speaker series with their first seminar last Wednesday at the Bartow Community Center. The first seminar titled: “Combating the Holiday Blues” focused on methods for seniors and others to effectively prevent depression and ways to manage it better for those currently battling depression. Riverbay Board Director and DAAC Chairperson Andrea Leslie began the seminar by explaining the purpose of the seminar and the series and introducing the speakers along with fellow DAAC member and Clinical Psychologist, Dr. Nathan Lovemore addresses the audimental health advocate ence. Photo by Bill Stuttig Cheryl Silvera. Michael Sanchez, Assistant Bureau Director of JASA’s Bronx Services, got the seminar started by presenting the “Program to Encourage Active and Rewarding Lives” (PEARLS). This program is designed to offer in-home mental health care treatment for seniors who are depressed or exhibiting signs of (Continued on page 2)
Councilman Andy King Brings “Sharing is Caring” Holiday Event to Co-op City BY LAURETTA J. JAYSURA Santa, his elves, volunteers, staffers and a host of holiday well-wishers came to Co-op City’s Dreiser Loop Center early in the day on Christmas Eve, December 24 to participate in the “Sharing is Caring” holiday party sponsored and hosted by Councilman Andy King’s
Youth Empowerment Program (YEP) and co-sponsored by Riverbay Corp. Over 700 exuberant children and adults of all ages filled this large community center to enjoy a celebration of the holidays Hanukkah, Christmas and Kwanzaa: Peace, Love and Joy to the world. Christmas songs and music permeated the air. King enthusiastically welcomed everyone to participate and have fun joining in the activities scheduled. “We have surprises, entertainment, Santa, games, dance contests and a gift for every child here,” he said. Also, after giving a brief overview of the meanings City Councilman Andy King and his wife Neva Shilling- and importance of Hanukkah ford-King stand aside hundreds of gifts that were given and Christmas, former school out to the children of the northeast Bronx who came to their Sharing is Caring Holiday Party in Dreiser Center on Christmas Eve. Photo by Lauretta Jaysura
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