Spring your clocks forward this Sunday, March 12, at 2 a.m. or before you go to bed
Vol. 58 No. 10
Saturday, March 11, 2023
$1.25
Congratulations, Mr. Klehammer! 2023 Riverbay Election Committee Schedules Informational Session for Prospective Candidates BY ROZAAN BOONE
On Thursday evening, March 2, Riverbay’s Executive General Manager Bob Klehammer was presented by the NYC Chapter of the Institute of Real Estate Management (IREM NYC) with the organization’s Real Estate Person of the Year Award at its annual Dinner & Awards ceremony held at 230 Fifth Avenue, NYC. Above, Mr. Klehammer (standing front row, fourth from left) is photographed with his wife, Beth, and Riverbay personnel who attended the dinner to congratulate him as he received the prestigious award. In his acceptance speech, Mr. Klehammer spoke about the challenges managers have confronted over the past two years as (Continued on page 4)
Open Board Meeting, March 22 The Riverbay Board of Directors will meet in open session on Wednesday, March 22, in Einstein Center, Room 45. The meeting will include a Gallery Session. More details to follow.
Board Director Lynette Wright, chair of the 2023 Riverbay Board Election Committee, has announced a virtual informational session to be held via Zoom on Tuesday, March 14, to educate potential candidates for the Riverbay Board of Directors about the responsibilities of being a member of the Board and to give an overview of eligibility and the election application process. The seminar, which will begin at 7 p.m., will provide an overview of the Riverbay Board of Directors; responsibilities of a Riverbay Board Director, and the candidates’ eligibility requirements and application process. A question and answer session will follow for those interested in running for a seat on the Board. This is the first time such a session is being held ahead of the beginning of the annual election period which typically begins in late March-early April. Once a prospective candidate is vetted by the Riverbay Legal department and deemed to be eligible, they earn a spot on the ballot and are able to participate in the election. To join the election information session, go to https://bit.ly/riverbayelection2023, or use your phone to scan the QR code embedded above or in the flyer on page 1. (Continued on page 2) “Many shareholders have passionate
What’s Inside: NYC Council Passes Legislation to Address Lithium-Ion Battery Fires, p. 3 Riverbay Resolutions, p. 9 BBB Scam Alert: Selling at a Craft Fair, p. 14 JASA Schedules and Menu, p. 27
Management Responds to Director’s Viewpoints Management Report
Bob Klehammer As many of you know, I will soon be retiring from Douglas Elliman. My last day at Co-op City will be May 12th. During my almost seven years as the Executive General Manager, we have created a management culture that values collaboration among the staff and problem solving. This has fostered new ideas that have made us more efficient and improved both service delivery and our response to emergencies and unplanned events. We also completed many needed capital projects improving the community’s infrastructure for years to come, invested in new equipment which allowed us to reduce the number of employees, while also dramatically increasing revenue from commercial rentals and Power Plant sales (Continued on page 2)