Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2014 Co-op City Times
Vol. 49 No. 47
Saturday, November 22, 2014
Services to shareholders continue under interim management ing during this interim period while a With the removal of MSI Real new management entity is being Estate, Inc., the managing agent of sought. Co-op City, off the property earlier Riverbay’s twenty-seven departthis week, the Riverbay Corporation ments have been divided under is now under the admintwo categories, adminisistration of two of the tration and operations. Merola is in charge of Board’s 3 Knowledge those departments that Assistants – Riverbay’s fall under “administraDirector of Finance tion” and Ellison of the Peter Merola, and Noel departments that are catEllison, a former genegorized under “opereral manager of Co-op ations.” City, currently also “There are a number serving as a manager of Peter Merola and Noel Ellison of ongoing investigathe Dreiser Cooperator Services Office (CSO). tions currently that In an address to Riverbay departcould potentially expose the corporament directors on Tuesday afternoon, tion to a great amount of liability,” Board president Cleve Taylor said Board President Taylor. “During referred to Merola and Ellison as this interim period, we have asked “co-general managers,” and asked Director of Finance Peter Merola to for everyone’s full support to keep the Riverbay Corporation function(Continued on page 2)
BY ROZAAN BOONE
REMINDER: November Carrying Charges due Wednesday
Riverbay’s offices will be closed on Thursday and Friday, Nov. 27 & 28, respectively, in observance of the Thanksgiving holiday. Therefore, Wednesday, November 26 is the last business day of the month and the last day to pay your carrying charges to avoid legal action. Please also note that the Riverbay Administrative offices will close at 4 p.m. on Wednesday. Thank you for your cooperation. —Riverbay Finance Department
Jacobi’s Infectious Disease Specialist provides Co-op City an update on Ebola The current state of the Ebola epidemic in three western African nations and the potential of its spread in this region and throughout the nation and world in general were reviewed by Dr. Elizabeth Jenny-Avital, an Infectious Disease Specialist at Jacobi Medical Center, on Tuesday evening in the Dreiser Auditorium. Dr. Jenny told the approximately 30 residents who attended the seminar that she gained her experience with infectious diseases working with AIDS patients beginning in the early ‘90s and added that because she is fluent in French she has a lot of experience in working and treating immigrants from the French speaking nations of West Africa. The program included a Power Point presentation on Ebola compiled by the BY BILL STUTTIG
Dr. Elizabeth Jenny-Avital, the Infectious Disease Specialist for Jacobi Medical Center leads a seminar on the current status of the Ebola epidemic Tuesday evening in the Dreiser auditorium. Photo by Bill Stuttig (Continued on page 9)
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Riverbay Board calls for investigation of MSI’s conduct as managing agent The Riverbay Board of Directors, acting in an open Emergency Board Meeting on Wednesday evening, Nov. 19, in front of nearly 400 shareholders packed into the Bartow Center, voted 122 to investigate Marion Scott Real Estate, Inc.’s conduct as managing agent. Before the vote on Amended Emergency Resolution #14-72 (see page 6 for resolution), Riverbay Board President Cleve Taylor detailed the reasons that led him to investigate Marion Scott officials and to discuss the proce-
BY JIM ROBERTS
dure to be followed to effectuate a termination of Marion Scott’s position. Two days earlier, on Monday, Nov. 17, Taylor, as directed by an Ad Hoc Committee of the Board, excused Marion Scott, Inc. officials from their daily duties pending the outcome of the investigation. On Monday, Co-op City Public Safety officials escorted several Marion Scott, Inc. employees off the property following new revelations of allegations (Continued on page 4)
Riverbay Board President Cleve Taylor (second left) detailed the allegations against Marion Scott, Inc. for the hundreds of shareholders who attended an Emergency Board meeting held on Nov. 19 at the Bartow Center. Photo by Jim Roberts
See notice on door-to-door delivery of the Co-op City Times on page 2 Early Thanksgiving deadline notice
Riverbay’s administrative offices will be closed next Thursday and Friday, November 27th and 28th, respectively, in observance of Thanksgiving. Because of the holiday shortened work week, all community organizations must submit their club articles before 9 a.m. on Monday, November 24. Material received after this time will not be considered for publication in the Saturday, November 29th issue of the Co-op City Times. Directors’ viewpoints are also due before 9 a.m. on Monday, November 24. Please note that regular business hours of the Co-op City Times are 9 a.m. to 5 p.m. each weekday. Material for publication may be emailed to cctimes@riverbaycorp.com; faxed to (718) 320-2595 or slipped under the office door at 2049 Bartow Avenue, Rm. 21. Although the administrative offices will be closed on Thursday and Friday, shareholders may contact the maintenance desk for emergency maintenance, and the Co-op City Public Safety Department at (718) 671-3050, and 9-1-1 with emergencies. We wish everyone a memorable and safe Thanksgiving holiday weekend.