Tell us what’s on your mind? 
- This topic has 2,108 replies, 2 voices, and was last updated 21 hours, 25 minutes ago by
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Zarina is at the center of this whole situation. From the beginning last year, she organized the effort to challenge the previous Board members and get control of the real estate market in Park City. She chose Akam and Emma the lawyer, had Rose who works with/for Zarina take over as president and placed her boyfriend/significant other “David” as the manager. Now it’s time for us shareholders to wrest back control from outside influence.
I’m having trouble accepting the reality is that Rose is a shill for Zarina who is really running the board without getting elected–IMHO-not sure who Scott is? Are photos allowed to be posted?
In my opinion the current Board members have already or will getting some compensation for their loyalty. It’s the only thing that makes sense. Karma or the DA will be knocking on their door.
How could they be the “best and the brightest” when they had to defer to their lawyer to do almost all of the speaking at the general meeting last December. All shareholders need to be informed that their investment in Park City is at risk and that we need to act before irreparable damage is done.
the problem is, even confiscating the shares of Rose and the remaining board would not come close to saving the building if they bankrupt it. I don’t know if the remaining board is too stupid or also getting kickbacks, but it defies logic why people who we were told are the “the best and brightest”, would be going along with what is blatantly a scam.
The current Board members ALL OF THEM should be held personally accountable for the ongoing corruption. Supposedly they hired AKAM and then knowingly allowed a jeweler to become the manager of a multi million corporation! What’s in it for these Board members? And by the way who is the new Puppet on the Board?? What experience will this person have??
We need the names of ALL 9 Board members. WAKE UP PEOPLE!!!
In my opinion, this place is getting worst by the seconds. I ran into one of the maintenance staff and he expressed how the maintenance staff is being harassed every single day by a shareholder, Scott Schindler who is now working from Management. He claims to be David consultant. takes pics of the staff and tells David how to run this place. Scott always dreamed to have this opportunity in his life. To be able to harass these maintenance workers. He is (allegedly) known as a pedophile who would bring boys to his apt a couple of years ago. He Actually tried hitting on one of the maintenance staff and since the maintenance staff put him in his place and told him he wasn’t interested in men he is trying to get him fired. That’s just only short story among so many.!!
People say lady lawyer now on payroll. Can this be true? Hope not like when old board gave garantee to old lawyer cecer coop had to pay off. You think we robbed each day by board using old board style? I think so. And little mind of boy manager angry we not talk to him so now he tell all workers not allowed to talk to shareholder or they get in big trouble with him. Why do we let child mind person to manage? We need hire good shareholder lawyer to fire Akam and lady lawyer for not doing any good for coop. Yes maybe akam has contract but if they not do good for us why we keep to pay them? Cheaper to fire akam now. shareholders give money for lady lawyer before and now we will give more for lawyer for her and Akam to get out and get new honest people and board. Ron say before about conduct question in coop property lease. We need to use conduct question to take away Rose apartment for broker cheating with zarina. Arther say thats true. When do we have our meeting to do this? Very soon I want we do so much.
The last newsletter from the Board in mid-February said that we would get a report from management regarding new projects and finances over the following 2 weeks. One month later and nothing has been reported.
We were told by the lawyer at the December Meeting that the annual financial report would be forthcoming. It’s mid-March and, if there is a financial report, it was never shared as required.
The process to refinance the co-op has already begun, which could make us the candidate to become the new Anita Terrace. And whatever necessary projects are delayed will only cost us more and more as inflation rises.
It’s more than time for a shareholder’s meeting to know where we are and where we’re going as a co-op.
So far no one has answered who will be paying the lawyer and how much, I assume this is the reason the new board has not released the budget for the year, they probably want to have the money in her accounts before they let us know how much we are going to owe.
Hi everyone.
It’s getting warmer and I’m having flashbacks of the uproar to remove Chandra and vote in new board members. The woman lawyer was extremely vocal saying some awful and scary things. I think they are all lies now. Pretty scary. Out of principal, anyone related to her, anyone who hired her to spread such lies should NOT be on the board for 2022. Who is this attorney and her law firm? Is it safe to assume that Zarina paid her to scare the tenants and now Zarina and team wants to profit from their investment? I feel Zarina and team are playing chess while shareholders are playing checkers or not even realize they are in the game.
Thank you Ron and everyone who is sharing information.
Once Ron decides who to vote for and HOW to vote, please spread the news to your neighbors.
The annual Tax Abatement credit (posted every June ) is applicable to ONLY shareholder occupied apartments. Investors and sublets are not supposed to receive that credit. It is the management office that provides the RESIDENT SHAREHOLDER information to the NYC Dept of Finance [DoF] who actually authorizes the Tax Abatement amounts. The amount you get can vary depending upon the amount of other credits you receive (such as Basic and Enhanced STAR, Combat and Disabled Veterans, Senior Citizen, and Disability that the resident applied for directly to the DoF).
All credits are given to you as a subtraction from the Property Tax that the co-op would otherwise pay to the city.
In year 2019 our Property Taxes were based upon approximately $31,700,000.00. From the tax that was assessed by NYC DoF – DoF authorized the management office to take approximately $2,549,000.00 of the taxes owed to NYC and distribute it (as credits on your June bill) to each shareholder apartment.
You can see that DoF Report at
Lastly, you can view the NYC Dept of Finance Guide to Residential Exemptions and Abatement link on the CONTACTS page of this website.
One Voice
Not to minimize all the other good financials comments and concerns but out of curiosity has anyone been hit with maintenance late fees? I’ve spoken to a few people that mailed in the maintenance early and their checks did not clear until after the 10th of the month. Or worse their check has been applied to other accounts and can’t be found. Seems very suspicious, a $40 late fee per apt can certainly add up.
Once a year, part of each apartment’s tax abatement went towards the capital assessment to pay for needed capital improvements. The rest was used in that same month to lower your maintenance. It’s also been years since we’ve had to pay a monthly assessment like they’ve been doing at Park City Estates. That’s because we did have very good financial standing. And that’s your answer.
“You could say many bad things about Chandra’s management, but he kept the building in very good financial standing”
Then why were we paying capital assessments?
