Tell us what’s on your mind? 
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I wanted to know why the board went so crazy in september to stay in power. We know they took every opportunity to cheat. Now i am thinking of the coming holidays when suppliers usually give “gifts” to their customers. I wonder how much they got from lawyer and Akam last year and how many gift evevelopes the board members will get from the lawyer, Akam, new CPA, the elevator people, the camera people, the garage people, the office renovating people, and the new laundry people?
If i was on the “gift” receiving end I wold probably fight like crazy too.
It took 3 months to get a newletter telling is what we already know but they did not tell us how much each project is costing. The old board didnt always tell us butt at least when asked at a shareholder meeting Chandra would throw out some expected numbers. This board hides in total silence maybe just waiting for the envelopes to come in.
All shareholders voting for the May 2023 board should carry their own proxxy to the meeting and take pictures of forged proxys to give to the district attorney orr attorney general whichever one deals with fraudulent elections.
The buildings will not go bankrupt for a long time, they will use the money they borrowed to pay operating expenses and loan payments until the money runs out. This might take 5-10 years depending on how many projects the also spend cash on. In the end the buildings will reach a point where they cannot borrow anything else and the maintenance revenue will not come close to covering debt payments. At that point you will need to face 2-3x monthly increase or be forced to sell to investors for 10 cents on the dollar. This is a repeat of Anita terrace.
You were misinformed. There is an outstanding case against the laundry company for nonpayment of rent
its 4pm thursday and in 9740 when you take your kids for a warm bath you get yellow water. yellow water happens every time they screw with the plumbing. guess who got bribed to let someone change the plumbing in there apartment? . bet his name is navid.
The kickbacks and side deals were already paid for but not the contracts.
In 2 years will be bankrupt to the person questioning, right now everything is in contracts payable (accounts payable) meaning the expenses have not been paid out yet.
Maybe i’m wrong but I thought the laundry company was contracted to install and maintain their machines for a certain period of time and that that company kept all of the money from the machines and paid back a percentage to the co-op. Because of the arrangement the company was not required to pay any rent. Whoever wrote they didni’t pay rent doesn’t understand the leased equipment arrangements of the laundry and soda machine companys.
So when are we going bankrupt? I was told it would have happened by now.
The laundry company hasn’t been paying rent since before even this board took over
The whole place is a mess, looks like shit. We have paid lots for years with nothing new and nothing looking fresh . Fix the place, pay a few more dollars each month and lets make PC 3&4 look good for god sakes.
Why do we need the new laundry machines and the room to be closed for two weeks. They work perfectly fine. I am tired of seeing all these new contracts and wasting our money on pointless projects. Just fix the freaking elevators nothing more is needed!!!
Ron, can you explain what happened when you tried to get access to the coop records?
ANSWER:
I wanted access to all Board Minutes and the Akam – and other contracts. Normally a standard Affidavit is required, basically stating that the information won’t be used for other than informational purposes, HOWEVER Emma notified my attorney that a more restrictive Affidavit was required AND Emma stated that after that restricted affidavit was accepted that I could not disclose any of the information with anyone else (if I did, the coop would take me to court).
While a “normal” affidavit is cited under Business Corporation Law (BCL), Emma decided to ask for one that is used by Tenant’s Associations which would, under the circumstances, require greater confidentiality since the Tenants Association “parties” are not elected by the shareholders and would be entitled to some form of personal secrecy.
My attorney and I agreed not to pursue it further until the results of the September 2022 election was over – and we would hopefully be dealing with a more righteous Board but that did not happen. Subsequently my attorney was working on an out-of-State case for her firm so our discussions stopped.
The thought is still in my mind to pursue a judge’s decision to rule that the coop must revert to a “normal” Affidavit – as well as a ruling on the illegal removal of shareholder rights under By Laws Article 1, Section 1 and to reinstate the illegal omission and go forward with the month of May 2023 Annual Shareholders Meeting and Elections for the Board of Directors.
Ron
SORRY> The website programming was set up so that THOUGHTS would not track commenters; not accept copy n’ paste text or photos.
Please post pics of the board. Thank you.
мы знаем, кто вы. вы – семья собачьих отходов и друзья руководства, которые оставляют здесь плохие комментарии. ты трус, чтобы спрятаться, потому что ты не написал здесь имени. у вас нет образования и вы глупы, когда хвастаетесь перед другими тем, что вы сделали. вы обманываете город EBT и налоги. у тебя нет друзей. у тебя нет позвоночника и нет друзей. мы смеемся над тобой
