Friday, February 27, 2015
What Happened to $10M Savings?
Residents Forced to Pony Up More as No One Questions Where Millions Went
By Michael Horowitz
BRONX, NEW YORK, FEBRUARY 27- What ever happened to the $10 million in annual savings the Riverbay Corporation was supposed to realize by refinancing the community’s mortgage through Wells Fargo Bank and HUD in 2012?
That’s what Riverbay board member Daryl Johnson and a leading supporter of Co-op City’s privatization were asking this week.
Johnson noted, “It’s clear to me that the answer is that Co-op City will continue to waste whatever money it saves as long as the Riverbay Corporation’s wasteful corporate culture isn’t changed. As long as we continue to approve major extra expenses on contracts after they are agreed to, we’re going to keep spending whatever money that we might save.”
Johnson stressed, “The real losers in all this are the shareholders, who are now being asked to pay another increase in carrying charges, after repeated increases in carrying charges during the time when Marion Scott ran Co-op City’s management.”
Richard Friedman, a real estate professional who continues to strongly support Co-op City’s privatization, stressed, “I have no use for what Riverbay president Cleve Taylor has to say, just as I had no use for what Herbert Freedman and the people with Marion Scott had to say. Mr. Taylor is falling back on the shareholders for more money, when he should, instead, be looking for new ways to increase income, such as through privatization and the development of commercial properties, and looking to cut expenses.”
Friedman stressed, “Raising carrying charges is the easy way out for any management. It’s easier to require that the shareholders pay more than to come up with other ways to maximize income and decrease expenses.”
Friedman concluded, “I watched Cleve Taylor, on TV, as he held court during recent town hall meeting on the proposed 4.5 percent increase in carrying charges. The whole thing literally turned my stomach, because, once again, the shareholders were being hoodwinked into believing that there was no way around the proposed increased increase in carrying charges.”
#RealEstate #CoopCity #Bronxnews
Thursday, February 26, 2015
Throggs Neck News: RESIDENTS’ SHOCKING VIEWS ON ISIS:: RESIDENTS’ SHOCKING VIEWS ON ISIS: Terrorists Not Monsters Just Confused Young Men Who Need More Education There’s Nothing Obama Can ...
RESIDENTS’ SHOCKING VIEWS ON ISIS:
Terrorists Not Monsters
Just Confused Young Men Who Need More Education
There’s Nothing Obama Can Do
By Koi Germany
BRONX, NEW YORK, FEBRUARY 26- Co-op City shareholders, speaking out on ISIS and its threat to Western Civilization, reacted in a variety of ways when they were recently interviewed.
Some of those questioned called the ISIS terrorists “monsters,” while others focused on the need to reeducate young Muslims.
As shareholder Peggy Sarvis stated, it starts with “young, confused people.”
And with the terrorists continuing to resort to brazen displays of violence, shareholders were asked about how they believed the President is handling the situation.
“He can only do so much,” shareholder Charles Aponte stressed. “Muslim countries need to unite and chip in; the United States can only do so much.”
Terry Richardson, a longt-ime shareholder agreed, stating, “The President’s hands are tied. He can’t change the attitudes of those in the Middle East.”
The issue of homegrown terrorism was also broached as shareholders took a firm stand on the matter.
“It is something we should be concerned about as well,” opined Marcus Minott.
With the issue becoming more pressing, there is a call for action on the part of the people, to do something to halt ISIS’s reign of terror.
“I just think they need to be terminated,” Phyllis HairstonTalley conveyed. “President Obama has
a nation to think about.”
Koi Germany is a sophomore at Hunter College and a longtime resident of Co-op City.
#ISIS #Terrorists #Obama #Bronxnews
Wednesday, February 25, 2015
Cat Lovers Give City the Bird
Said Officials Would Kill Rather Care for Strays
Photo by Andre Rivera
BRONX, NEW YORK, FEBRUARY 25- The future of curbside animal shelters like this one, recently spotted near the Grand Concourse in Norwood, remain uncertain as the City Council will soon vote on a bill that would bring an intake center for stray animals to each borough.
Despite all the snow and cold temps, animal lovers across the city have been refusing to call the Center for Animal Care and Control for fear that if the cats are not quickly adopted, they would be put to sleep. Residents say an unnamed animal lover began taking care of these stray cats in the area more than three years ago and the kitty motel sits on an abandon lot.
The City Council's Health Committee was expected to discuss the bill on February 25, that if the bill passed, would establish a full-service animal shelter in every borough.
#Cats #Shelter #NYC #Bronxnews