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ThoughtsAdmin.
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ThoughtsAdmin
KeymasterA fact is that for 3 consecutive years we’ve paid over one million dollars as a Special As*essment. In addition, every year the co-op gets a two million dollar free ride on NYC taxes because the co-op disburses the NYC tax credits to shareholders (instead of paying the credits directly to every shareholder).
In NYC co-ops and condos can charge Special As*essments FOR THE PURPOSE OF A FUTURE EXPENDITURE.
This is explained in the following Brooklyn blog:
What is a co-op special assessment in NYC?
Nov 17, 2023
What are co-op assessments used for?
Assessments are typically used to raise necessary funds for a specific and costly building
improvement project. The most common reasons for assessments include repairs to expensive
building components including the façade, roof, elevator and heating systems. Assessments
can also be implemented to pay for aesthetic building upgrades including a lobby renovation,
hallway re-carpeting, installation of a roof deck or any other project deemed worthwhile by
the co-op building.As a co-op shareholder, you can advocate for and against various proposed improvements
and other repairs which may be under consideration by your building.
Special assessments can be further subdivided into capital assessments and operating
assessments. The proceeds of capital assessments are used to make long-term repairs and
upgrades to a building, while ‘operating assessments’ are used to fund the ongoing operation
of a building.Our board has not said a word about a future improvement – nor have they presented any proposed expense to the shareholders. They’ve taken the God-like stance that their actions cannot be challenged. Once again, WRITE to the NYS Atttorney General. Tell her the co-op is corrupt with nepotism, padded voting, discrimination, and millions of dollars for unaccounted for assessments. Phone calls don’t do anything. WRITE!
ContactOffice of the New York State Attorney General
The Capitol
Albany NY 12224-0341Guest
Anyone saying the truth is an ***kisser ?
Guest
Written like the true david/zarina **s kisser that you are
Guest
After reading this article we supposed to be kissing akam and the boards behinds !! I mean it .
You have no idea how good you have it . I went to my cousins coop on Yellow Stone Blvd over the weekend , to find their marble floors black & grey !!! Building was disgusting inside and outside . You have no idea how good we have it right now until another Chandra Jain and a Vulnerable board comes around and show you some reality !!!
are you really going to PROTEST for a 6% increase while other buildings are getting 25%-35% right here in Queens ? Do not make yourself lower than what you already are !!!
peace yall
Guest
A proposed spike in monthly fees at one of the largest co-ops in the country is causing outrage in Queens.This is what we should do as well,
As people on the video
Protest against MISMANAGEMENT
And get attention and help from local news !Guest
People, check fresh news about major coop building apartments in Queens, it was on the news on Wednesday, i can’t send a link here or post anything
Ron change your settings
you don’t allow to post anyone here ?
Guest
The Lead Supers name is Enes.
Guest
The Board is not going to do anything since they are just puppets.
It is up to the shareholders to do organize and clean house. And who is the maintenance supervisor? There are so many new faces everywhere.Guest
In reply to the comment from May 7, 2025 at 3:23 pm; re terrible job
this question needs to be addressed to the board and management
you asking questions like these and the answer is so obvious
all that needs to do is start writing to DA office
Guest
My neighbor still keeps complaining about the terrible job the maintenance supervisor did in his apt. My question is why the maintenance supervisor taking private jobs? I thought the men were no longer permitted to take side jobs here?
Guest
Also don’t forget : «IF MANAGEMENT REFUSES TO INSTALL OR ACСЕРТ purchased gas detector via amazon (UL1484 UNIT) – ASK FOR A LETTER OR AN EMAIL EXPLAINING WHY (SO THAT YOU CAN SHOW IT TO THE NYC DISTRICT ATTORNEY FRAUD DIVISION – AND FINALLY GET THE JERK ARRESTED)
Better yet, call the Queens District Attorney and tell them about fraud”
Scroll down and search in the comments from before ( this comment someone wrote ( i believe it was Ron)
If we all will be on the same page and do the same thing, management won’t be able to anything to us
Guest
In reply to a comment:
“Other coops are either not charging at all or charging 25 dollars for a gas detector. Why are we paying 73”?
I read comments on the site through the link you shared … yep … that’s how it should be, but we have it otherwise in our coop unfortunately
Our pseudo “manager” is making profit of each apartment approximately $10 each for gas detectors it’s $10.000 per building if everyone will pay for gas detector
encourage everyone who you know in park city to buy your own detector !!!
Guest
Do the math ! That should answer your question .
Guest
https://www.reddit.com/r/ForestHills/s/hif77ETo80
Other coops are either not charging at all or charging 25 dollars for a gas detector. Why are we paying 73?
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