Co-op City Times 5/1/2021

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Second Candidates’ Forum tonight, May 1, at 7:30 p.m. Tune in to Riverbay Crawler, Channel 12 (MATV) and Channel 591 (Optimum); and Facebook Live, @coopcityrb

Voting period in 2021 Riverbay Board election begins Monday, May 3 Vol. 56 No. 18

Saturday, May 1, 2021

Twelve $200 Voting Incentives to be offered

BY ROZAAN BOONE

Riverbay Board of Directors 2021 election ballots, enclosed in bright orangecolored envelopes, began arriving in mailboxes of Co-op City households this week, and those who participate in the election could win one of 12 voting incentives being offered, each worth $200. Riverbay’s independent election contractor, YesElections, formerly Election-America, confirmed that ballots were mailed on Monday, April 26. Shareholders who do not receive an election ballot by May 3 – opening of the 2021 voting period – are asked to contact YesElections by calling (866) 877-3125, or by sending an email to help+riverbay@yeselections.com. “As chair of the 2021 Riverbay Election Committee, I am urging all shareholders to vote in the Riverbay Board of Directors election,” said Director Francine Reva Jones. “By now, you should have received your election ballot and I sincerely hope that you will exercise your right and responsibility to vote. There are twelve candidates running and you can vote for up to five of them. They are depending on you. We are not tenants in this community but shareholders with a responsibility to participate in this annual election.” The voting period will begin no earlier than 6 a.m. this coming Monday, May 3, and end no later than 8:59 p.m. on Friday, May 21, 2021. During this time frame, shareholders have two options to register their votes – mail-in, or electronically using their computer, smart phone or other electronic device. Mail-in ballots must be returned directly to YesElections in the stamped, addressed envelope included with the ballot. Mailed ballots must be postmarked no earlier than May 3 and no later than May 21 in order to be counted in this year’s election. Election ballots should not be returned to Riverbay Corporation, or delivered (Continued on page 2)

Pause on Johnson & Johnson vaccine lifted

Dreiser site resumes use of Johnson & Johnson vaccine

The CDC and federal regulators announced last week that the nationwide pause on administering the Johnson & Johnson COVID-19 vaccine had been lifted after completion of a safety review and the vaccine is once again being offered at sites nationwide, including the Coop City mass vaccine location in the Dreiser auditorium. On Tuesday, April 13, the CDC and FDA recommended a nationwide pause in the use of the Johnson & Johnson vaccine because “a small number of cases of a rare and severe type of blood clot have been reported in people after receiving the J&J/Janssen COVID-19 vaccine.” Reports of the rare blood clots occurred among women ages 18 and 48, with symptoms occurring six to 13 days after vaccination. According to news reports, one of the women died. “A review of all available data at this time shows that the J&J/Janssen COVID19 Vaccine’s known and potential benefits outweigh its known and potential risks,” the CDC reported. The website still warns that women under 50 specifically should still be aware of risks. “Women younger than 50 years old especially should be aware of the rare but increased risk of this adverse event and that there are other COVID-19 vaccine options available for which this risk has not been seen.” BY TORIEA McCAUSELAND

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$1.25

HUD-mandated Property Needs Inspections begin May 5 Shareholder cooperation necessary

Starting this coming Wednesday, May 5, inspectors from Dominion Due Diligence Group will begin property-wide inspections in Co-op City. These inspections are a requirement of the community’s current HUD-insured mortgage with Wells Fargo. Inspectors will require access to at least 10% of each apartment-type in Co-op City (chevron, triple-core, tower and bedroom size). Each Dominion inspector will be accompanied by a Riverbay staff member and the inspection should take approximately five minutes. The inspector will mainly examine the ground fault interrupter (GFI) outlets throughout the apartment, smoke detectors, electrical panels and the general condition of the apartment and balcony. In some cases, the inspector may need to take photos. Proper identification will be worn and all Covid-related health guidance will be adhered to, including the wearing of face masks and social distancing, for the safety of all parties. In addition to residential units, common areas of buildings, mechanical rooms, roofs, grounds, commercial spaces and garages will also be inspected. These Property Needs Assessments – or Capital Needs Assessments as they are also known – are mandated every 10 years for all HUD-insured loans such as Co-op City’s current mortgage with Wells Fargo. This year’s inspection is being done in year 9 as part of Wells Fargo/Riverbay’s exploration of a possible refinancing, and will allow Riverbay and its lender to assess what needs to be repaired, when the repairs are needed, and estimated cost of those repairs to ensure proper financial planning. The cooperation of shareholders is needed to complete this mandatory inspection. ––Riverbay Management

CB #10 schedules meetings regarding 801 Co-op City Blvd. Developer’s proposal could reduce on-street parking now used by Co-op City residents

Bronx Community Board #10 urges shareholders to attend the upcoming virtual Housing and Zoning Committee meeting on Tuesday, May 11, at 7:30 p.m., as a reduction in public parking along Co-op City Blvd. is on the table. During the upcoming meeting, members of CB#10, along with developers of the project, will gather to discuss the developer’s proposal regarding 801 Co-op City Blvd. where they are seeking a special permit to waive parking from the City of New York Board of Standards and Appeals. This developer previously held a meeting with CB#10 back in April 2019. However, because of the pandemic, CB #10 will now hold another committee meeting on this matter, followed by a public hearing where Co-op City neighbors will be able to weigh in on the proposal. BY TORIEA McCAUSELAND

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