Tell us what’s on your mind? 
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Where is all the support and documentation that Chandra was stealing?!! We need support and documentation showing that this is happening. And yes the accounting firm Newman Newman and Kaufman are the Auditors who should have been able to see all the transfers coming in and out and where big checks were being paid out too and have copies of the capital projects and applications. Therefore they are not working diligently and I don’t trust the fact that they are still our accountants because they would have caught such a thing if indeed Chandra was stealing. Indeed there is definaltey some type of monkey business going on. So far I have not seen any facts being presented in any meetings, I have not seen any proof. All I see is all talk going around from well known sales people. Not one person that was elected has an education! We’re dealing with uneducated individuals, who are only hungry for money. One thing that an accountant cannot prove is kickbacks, but if Chandra was stealing from the bank there is a way to track all of that. What they could do though is make the contractor bill an enormous amount and the coop pays for it by check, and the contractor gives them cash back for whatever the deal was. This is how the fraud works and there are many people who this especially Russians!!
To the prior comment, the doomsday event, which is confirmed to be in the works, will be a massive cash out Refi of the complex, which will lead to significant increases in monthly maintenance and reduced equity/property value. The new board claims the building is falling apart, but they also claimed that we were bankrupt and Chandra stole 2 million dollars, before the election, even though they kept the same accounting firm, which means they were lying. That money will be spent of no bid contracts to friends or Zarina and Co. just like the Akam management deal. These are not just stipulations, we have a track record of behavior from these people.
additionally we have several realtors in the area having perfectly qualified buyers and renters rejected, since the Rose and Zarina were not on the deals making a commission, this is not only criminal corruption, it also opens the complex to very expensive fair house discrimination lawsuits sooner or later, especially since they are starting to exhibit a pattern of behavior towards Hispanic employees.Someone walk me through HOW all these doomsday scenarios come to pass.
Everyone is saying we’re about to go bankrupt and the skies will burn red, but no one has even explained HOW.
The Devil you know is BETTER than the devil you dont know. You all wanted this, you came after Chandra and the last board with pitchforks, now you have it, so do something with your mouths instead of typing away all day. Do it before every apt is worth shit.
They could not wait to fire Doris until after the election, they could not have her be a whistle blowers on what they are doing
Agree that current board members’ posts should stay. The more they say, the worse they look. They’re even incompetent in holding on to power. If they had been smart, they would have waited until after the next election to fire Doris. By doing that, they’ve upset even more people. But consider this: If they win the next election, then we’re more incompetent than them.
IMHO the current board should be able to post comments here – so we have an archive of their agenda and motivation
To members of the Board, attorney, management office and the real estate wannabe queen:
Please stop posting your obvious and childish comments to this website. You’re making every attempt to distract shareholders from the underhanded management of our co-op and it’s just not working. I’ve deleted every single dumb-ass comment you post and I will continue doing so.
For the real shareholders.
1. The number of 800 shareholders is an approximate number of RESIDENT shareholders of our co-op. You’re not taking into consideration the other 260 or more shareholders who are investors or sublets – and who are just as pissed off by this Board as we are.
2. Our By Laws are specific that the annual shareholders meeting/elections must take place on the “second Tuesday of May each and every year“. There must be a written Notice, signed by an officer of the Board. “Such notice shall state the time when and the place at which such meeting is to be held, and a copy thereof shall be served, either personally or by mail, upon each shareholder of record entitled to vote at such meeting, not less than ten (10) nor more than fifty (50) days before the meeting.”
That is stated on page 1 of our By Laws and can be seen in the DOCUMENTS section of this website. The Quorum section is on page 2.
This Board might attempt to hold election nominations directly from the floor of the meeting HOWEVER “except that any qualified voter may demand a ballot vote, in which case the voting shall be by ballot…” Further, “to constitute a Quorum and to permit the transaction of any business except to adjourn a meeting, there shall be present either in person or by proxy the holders of a majority of the shares entitled to vote thereat.”
In a nutshell, if you receive a ballot, or one is handed to you, DO NOT SIGN IT nor should you trust another person to vote on your behalf.Be sure to tell your neighbors as well.
Like last year, it’s possible Rose will go door to door to “collect” votes (under any pretense?) SIGN NOTHING!
3. Chandra did have a good grip on the co-op’s business but he got power crazy and the Board of investors allowed him to continue with what many of us call his reign of terror. Under no circumstances should he ever be permitted to return to this co-op.
4. Many THOUGHTS comments call for good and thoughtful shareholders to step up and become a candidate for a new Board.
To those people I ask – “why haven’t you looked in the mirror for that good and thoughtful person?”
How come after the new wanna be GM and Akam asked shareholders not to drop their maintenance checks in the box outside the Management office and to mail instead to the P.O. Box.. now all of the sudden they are accepting payments in the office. Don’t that sound fishy.. let’s think for a second here…….oh I know why.
clear explanation, they want that VOTE bad.!!!
Listening to shareholders is a bad thing to you?
Jeez with brains like that I wonder how the old board lost :/
How come David, skipped the Garage list.??? His parents were #20 and all of the sudden had the privilege to skip the garage list and get a spot immediately. There is evidence that will come to light. Facts, Facts.!!!
what happened to. A SET OF RULES FOR ALl.???Question… How come after the new wanna be GM and Akam asked shareholders not to drop their maintenance checks in the box outside the Management office and to mail instead to the P.O. Box.. now all of the sudden they are accepting payments in the office. Don’t that sound fishy.. let’s think for a second here…….oh I know why.
clear explanation, they want that VOTE bad.!!!
They set rules and then go back on their words to pretend like they care and want to help the shareholders. What a Scam.!!!
How come they told told shareholders to inform their buyers that purchase and rental applications were no longer accepted at the Management office and that everything was handled electronically on board packager.
zarina had the privilege to drop a few physical applications by Management with the help of her boyfriend David while other brokers had to struggle and follow Akam rules.
In Igor’s words… A SET OF RULES FOR ALL.!!that man can easily fool anyone that don’t know how evil he is and the rest of his mafia.
wake up.!!!!!
I don’t like Chandra, but I don’t dislike him enough to be happy about a 300-400$ a month increase in maintenance worth, which is going to be the end result of all our new board is doing, if not worse. Kicking out these crooks does not mean Chandra would be brought back in. Regardless of all the rumors and talk in the group, we can factually say that we still have no budget for the current year, no info about legal fees and no info about elections.
Chandra is not qualified to manage anything
In my opinion, one of the biggest problem I see here. A lot of you people are so angry at Mr. Jain that you are willing to accept anything thing that comes along as long as he is not the GM here.
This is a terrible approach. While you people are wasting time here going back and forth about who is right and who is wrong these monsters are getting Away with murder. This is not about Chandra anymore. This is about finding good honest people to run for the board, People that actually care for this Co-op and this community.Nothing good or positive can happen with anyone that’s associated with zarina, Rose, Igor and that bully attorney that thinks she can call the shots here. Don’t complain later when it’s too late and don’t say you wasn’t warned.!!!
I wonder if they were involved in approving those bills before they were kicked out of office
