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Co-op City Times 07/27/2024

Page 1

Vol. 59 No. 30

Riverbay Corporation Fiscal Year 24/25 Budget Overview Management Report

Marvin L. Walton Riverbay Executive General Manager (The following is annexed to the Management Report published in the Saturday, July 20, 2024 issue of the Co-op City Times. Please refer to the July 20, 2024 issue of the newspaper for the Budget Overview for Fiscal Year 24/25, Key Performance Indicators (KPIs) and the Convector Initiatives Tracker Update.) On behalf of Douglas Elliman Property Management, I am pleased to present the Management Report for Riverbay Corporation for the period ending June 30, 2024. This Management Report provides updates with the ongoing progress for staffing the Public Safety Department, Local Law 157, Local Law 126, Corporate-wide Violations, Summer Employment Youth Program, vehicle incident – Garage 8, NYSDHCR visit, and the ongoing convector initiatives. Public Safety Staffing CCPD current staffing levels are 45 short of the budgeted 93 Peace Officer positions. The next recruitment class is scheduled to begin with (Continued on page 4)

Saturday, July 27, 2024

$1.25

Quorum Obtained; 2024 Election Committee to Review & Certify Board Election Results on July 31 BY ROZAAN BOONE

The Election Committee will review and certify the final count of ballots cast in the 2024 Riverbay Board of Directors election at an open meeting to be held on Wednesday, July 31, at 7 p.m. in room 31 of the Bartow Center. Candidates, their supporters and other shareholders are invited to attend the election review and certification to witness the work of the Election Committee and the Riverbay Legal department, led by General Counsel Jeff Buss. Riverbay’s independent election vendor, YesElections, reported that quorum was obtained on Tuesday night, July 23, however as per Resolution 24-41 approved by the Riverbay Board on July 10 authorizing a third extension of the voting period,

Notice to Shareholders –Flooring Work– Please note that Riverbay Corporation is monitored by the Department of Environmental Protection (DEP) when conducting removal of our wood flooring. Every building is registered and a permit (ACP 7’S) is required when doing this work. At this time, we are unable to schedule any floor work due to adjustments being made to our processes by DEP. We apologize for any inconveniences and are currently working with the DEP and our environmental company to remedy the situation so we can resume this service as soon as possible. —Riverbay Management

the Election Committee opted to keep voting open until the extended voting deadline on Friday, July 26, at 9 p.m. This year’s quorum was obtained after approximately 10 weeks of voting and necessitated three extensions before the number of ballots to validate the election – 5,035 – were received, a requirement of the housing corporation’s bylaws. According to Emergency Resolution 24-41, with the election now over, the Committee shall certify the final count of ballots cast in the 2024 Board Election on Wednesday, July 31. The deadline to challenge the Committee’s certification is Friday, August 2, 2024 at 5 p.m., and the swearing in of the elected Board directors will take place on Wednesday, August 14, 7 p.m. in room 31 at the Bartow Center. This year, shareholders of record as of April 1, 2024 voted to elect six members to the Riverbay Board. The certified candidates running in the election were Jacqueline Smith, Mary Pearson, Aaron Carnegie, Shanauzelda Montgomery, Bernard Cylich, (Continued on page 2)

Happy 112th Birthday, Ms. Louise!

Chief Joseph Riley Retires After Several Years With CCPD BY DANIELLE CRUZ

Chief Joseph Riley, the Commander of Coop City’s Public Safety Department, is retiring on Saturday, August 3, after nearly six years of serving Co-op City and 44 years in law enforcement. Chief Riley said his decision to retire was something he thought about for a long time. “It’s a mixed emotion. I love what I’m doing, I’ve always loved what I’m doing, but there’s a time you have to move on,” he said. Chief Riley, who joined CCPD in September of 2018, started his law enforcement career with the NYPD as an officer for the 77th Precinct in Brooklyn before being promoted to Sergeant in 1985, Lieutenant in 1989, Captain in 1992, Deputy Inspector in 1998, and ultimately, Deputy Chief in 2010, before joining CCPD.

Chief Riley said he still remembers the first time he came to Co-op City. “I pulled up for my first interview and I parked in front of Dunkin’ Donuts. As I got out of the car, there were two young ladies, probably seven or eight years old, playing on the grass right next to Dunkin’ Donuts with a ball going back and forth. And my initial feel was that this is Photo by Danielle Cruz a great place to live and I think it is, and I know it is a great place to work.” As the Public Safety Commander for the last six years, Chief Riley said that he was proud to be part of a team that was constantly working to protect and (Continued on page 5)

Long-time Co-op City shareholder Ms. Louise Signore, pictured above at her 111th birthday celebration in 2023, will be celebrating her 112th birthday on Wednesday, July 31, 2024. Ms. Signore was born in Harlem in 1912, was a 39-year employee of the MTA and has credited her longevity to never having married or having children, and staying active and having fun! Photo by Lauretta Jaysura


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