Tell us what’s on your mind? 
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It’s not important but comments made by Zarina & company are so very obvious – like this one (following below).
This time, I won’t delete it. I’ll leave it up for a while so everyone can read into “their” intent to discredit this site.
I’ve deleted every comment about the strike and the impossible $100milllion mortgage because they’re irrelevant today. I delete every libelous comment – for instance when someone actually uses a person’s name and calls them “a piece of shit”. (next time, don’t use her name and I might let it go).
My point of view lies solely for the good of the co-op. Why else would I keep this website open? It was initially created to act against the old Board… but I believe everyone knows it still serves that purpose… just a different Board.
Ron
I agree with the previous post that was deleted.
Unfortunately, we have no idea how Ronald Migut is manipulating posts on this website. Some posts are edited. Some posts are deleted and some posts are allowed. I agree with another user that Ronald Migut seems to only allow posts that align with his views.
Do not take this website seriously.
Use your own judgment as you evaluate Ronald Migut, the current board, David J. and the current state of Park City 3 + 4 Apartments.
In my opinion, keeping track on all the sales and who the listing agent should be a must.!!!
you should also request to have the garage list PUBLIC. You need to make sure David & Zarina are not packing money under the table by selling garage spots. David’s parents were number 20 on the list when he became the GM. David assigned his parents a spot immediately.
The Co- op will be in high financial risk if these Idiots don’t get kicked out soon.!!
When is the next ELECTION.????
Lots of units in the complex are recently listing for sale, I’m going to start keeping track of which units are from zarinas east coast reality vs all the other agents and if any from other agents are allowed to close. This way we could present this at the next shareholder meeting or maybe to the DA office.
Replying to message from April 21 @ 9:50am.
I totally agree that Zarina’s only purpose here is the money.💰💰 Rose her puppet meets the same requirements with the exception that Zarina gets to make the big bucks 💰💰while Rose only gets her leftovers.!!
Question.?? How is Rose the board President when she hasn’t even been in the country for months.
she handles everything from Bulgaria and calls the shots on all purchase and sales applications.
Never time your purchase or rental application gets denied you will no why or you can simply list your apartment with Zarina to make sure you get approved without a doubt.
not a person on that board cares about Park City 3and4, their only motive here is their personal revenge they have going against Chandra.
The attorney on the other hand is getting lots of cash in return for her service💰💰and for covering up for them.Shareholders, Park City 3and4 future is in your hands.. are these the type of people you want handling the affairs of this beautiful Co-op.???
In my opinion, Zarina’s only interest in this co-op is for her and Rose to profit from apartment and parking spot sales and to keep her inept boyfriend and her attorney girlfriend getting salaries for doing nothing to benefit the co-op.
Additionally our By Laws cover the fact that we must have a full Board (9 people) to vote on all issues and there are only 8 people ever since Arthur resigned so everything done since then is invalid and the useless attorney should know that.
This worthless Board should be shut down. They have violated the customary procedures for new elections “hoping” they can run without challenge. They’re most likely pushing for a floor vote instead of mailing ballots – they needed to ask for new candidates and publish their names so the new candidates can be put on official ballots.
EVERYONE needs to attend our annual meeting. There will be new people running and we need to vote for ONLY them if there are enough shareholders there “in person” to carry a floor vote. They may try to hand out home-made ballots. Throw away any of those phony ballots that Rose & company tried to use last year. If Zarina calls you – hang up the phone. If Rose knocks on your door, slam it in her face!
The only Board successes that this shareholder is aware of are that Zarina & Rose made money on apartment sales and “David” got his mother a parking space.
It is very true that they fired Doris because they didn’t want outsider eyes to see their scams. A new Board must rehire Doris and put her in charge of the co-op maintenance staff and Akam personnel must inform Doris of what they want to do before they do it and a new Board must insist that David and Scott are removed from managing our property. Akam can put them wherever they want – just not here!
Can this possibly be true? Is Zarina in our management office? Can someone confirm this?
Question.?? How come zarina was scared to step foot in the Management office while Doris was still there.??? Shareholders, wake up.!!!
Zarina is going around, spreading rumors that she is the boss and she can manage park city how ever she pleases. Now she is at the Management office day, nights and weekends going all over all the shareholders personal files.
Refinancing to get a higher interest rate is on par with hiring a used jeweler to run the building
Looking at the Operating Budget Forecast approved October 22, 2021 (new board) our current 10 year mortgage won’t expire until September 1, 2024 and the interest rate is 3.84% so do we need to take out a new mortgage now? – especially in the current economy when mortgage rates are fluctuating higher due to inflation. The balance due on the existing mortgage as of January 1, 2022 was $16,493,711
The Operating Budget that was available to all shareholders in October breaks down all past expenses and projected increases for 2022 – including maintenance worker costs (salaries, benefits, insurance, etc).
What we don’t know is if the projected 2022 increases took into account the maintenance contract renewal.
Could anyone with labor arbitration experience please contact the management office. Volunteer needed to negotiate new collective bargaining agreement
NOTE TO ALL
I DELETED EVERY COMMENT THAT SPOKE OF A $100 MILLION MORTGAGE. IT’S BULLSHIT AND I WILL CONTINUE TO DELETE THOSE FALSE POSTINGS.
FURTHER, I provided all of the past interest figures based on the annual letters that WE ALL GOT from the accountants.
I do NOT work for the Board, have never liked Chandra or the former Board and I’m a little tired of people who don’t bother to READ the earlier comments. When I sign a comment as “Ron” – then only an idiot can make a comment headed “to whoever posted the math”. You’re stupid – so I deleted that comment too.
Keep in mind I can shut down THOUGHTS whenever I choose to. It’s there solely for the benefit of shareholders knowing what other shareholders in our six buildings are concerned about. It’s not for stupid rants!
Ron
STOP with the chicken little “the sky is falling” about mortgages.
Someone is spreading scary misinformation about a mortgage and huge increases in the monthly maintenance.
Lets look at the factual past:
In 2007 the co-op had a mortgage of $12,500,000. Twelve million and 500 thousand dollars – and we are are still here.
In 2014 the co-op repaid the 2007 mortgage and took out a new mortgage for $18,000,000. Eighteen million dollars.
What is the annual interest for that mortgage and what was the interest you paid on that mortgage?
In 2015 the co-op paid $689,685.00 and at the end of the year we paid $2.26 X our number of shares
In 2016 the co-op paid $679,100.00 and at the end of the year we paid $2.12 X our number of shares
In 2017 the co-op paid $651,614.00 and at the end of the year we paid $2.04 X our number of shares
In 2018 the co-op paid $660,386.00 and at the end of the year we paid $2.06 X our number of shares
In 2019 the co-op paid $649,653.00 and at the end of the year we paid $2.03 X our number of shares
In 2020 the co-op paid $651,614.00 and at the end of the year we paid $1.97 X our number of shares
In 2021 the co-op paid $651,614.00 and at the end of the year we paid $1.87 X our number of shares
My 224 shares means that $34.09 of my monthly maintenance is used for mortgage interest.
[224 X 1.87 = $418.88 divided by 12 (months) = $34.09]
Lastly, our co-op has a market value of 86 million dollars (for the 2021/2022 tax year, according to NYC Dept of Finance) so just STOP with the unnecessary worries about $100 million mortgage. It’s impossible!
What does financially hurt us are the property tax assessments made by NYC DoF. Those taxes go up every year. In 2021 the NYC property tax cost every shareholder $14.02 per share… totaling just under four and a half million dollars.
Then there’s water and gas usage – it ain’t free. And now we have this new electricity provider (put in place by the old Board).
Will there be an increase this year? Most likely yes – but I’m not an expert. It’s just an educated guess that there will be an increase BUT AGAIN it won’t be for some ridiculous mortgage amount people are spouting on this website!
In my opinion, I think the Board puts those mortgage comments up just to distract us from their failures.
Ron
I’m uncertain but I believe the pool is leased for a set number of years at a progressive annual rent. There’s nothing that we can immediately do until we have a new Board and a new attorney – who will have to go to court to get the pool guy to produce a copy of his lease – keeping in mind that almost all management office records are missing (presumed to have been destroyed by the old management). Possibly, a former Board member a or more knowledgeable person can clarify the lease terms and duration. Ron
To add to the prior comment. When these board members we’re going door to door every night, people were being promised maintenance decreases and spots in the garage. With Doris gone from the office it is very possible that people who gave generous “donations” might start getting these things.
Not so sure that the new board will get Russian votes. One of the Russian seniors in 98-20 gave $100 last election for the promise that his maintenance would be lowered. that didn’t exactly work our for him. I’ve also spoken with some Russians (I’m part Russian) that they don’t like what’s going on with the new board. So let’s get all groups on our side and not discount any group.
