Co-op City’s official newspaper serving the world’s largest cooperative community. © Copyright 2017 Co-op City Times
HPD Workshop In Co-op City On Aug. 5 Provides Assistance To SCRIE Applicants
Vol. 52 No. 30
New York City Housing Preservation and Development (HPD) has scheduled a Senior Citizens Rent Increase Exemption (SCRIE) workshop to be held in Co-op City next Saturday, August 5, to assist shareholders to complete their SCRIE applications in order to receive help paying for the 1.9% increase in carrying charges which becomes effective on Tuesday, August 1, 2017. Next Saturday’s SCRIE workshop will be held in the Dreiser Auditorium A from 9 a.m. to 3 p.m. The HPD SCRIE Unit confirmed this week that with several hundred multi-family developments to service, this is the only workshop that will be held in Co-op City. Shareholders who have already BY ROZAAN BOONE
Saturday, July 29, 2017
been approved for SCRIE do not need to reapply. Riverbay has submitted all required documents regarding the upcoming carrying charge increase to HPD and your increase exemption will be processed automatically. However, if you are 62 years of age or older and you meet all of the other SCRIE criteria, and you have not yet applied for the program, you should fill out an application, submit it to HPD for processing and HPD will subsequently notify you if you qualify for the exemption. The SCRIE program provides senior citizens with an exemption from paying future increases in their carrying charges, thereby helping them to remain in affordable housing.
Basement Closet Rentals To Increase Aug. 1 (Continued on page 2)
Shareholders who rent storage closets in their building’s basement are advised that the cost of their rentals will increase by $1 per month effective Tuesday, August 1, 2017. In March, 2012, the Riverbay Board approved amended second reading of Resolution 12-15 to extend Riverbay’s contract with Bargold Storage Systems for a period of seven years, but with the modification that Riverbay rents and maintains the Bargold storage units directly from Bargold and pays the company $10 per month, per unit as opposed to shareholders renting from Bargold. The new agreement also stipulated that at the end of the 7-year period, which ended on July 31, 2015, that “any new locations be priced the same as similar existing storage units, and that the rates be increased $1 per month of which $.25 is to be paid to Bargold.” As a result, effective Tuesday, August 1, those who rent basement storage closets will be charged $1 more on their monthly maintenance bills for their closet rental.
25¢
New Carrying Charge Rates Go Into Effect Starting August 1
The new carrying charge rates approved by the state Department of Homes and Community Renewal (DHCR) are in effect on monthly bills beginning on August 1. The new rate is an increase of 1.9% on carrying charges and a 5% increase on all parking fees. Shareholders enrolled in electronic payment of monthly carrying charges through PayLease must log into their account and change the payment amount when paying their August 2017 bill to reflect the 1.9% carrying charge increase which becomes effective on August 1. DHCR approved the increases requested by Riverbay on July 6. A copy of the Commissioner’s Carrying Charge Increase Order is enclosed with shareholders’ August carrying charge bill. The 1.9% carrying charge increases will generate $28 million over a fiveyear period and all those funds will be earmarked for capital projects, along with a 5% increase in parking fees that will generate $3.6 million over the fiveyear period and $700,000 in transient parking fees. Riverbay’s five-year, $112 million BY JIM ROBERTS
capital plan was approved by the Board of Directors earlier this year. The major capital projects on the list in the 50-year old Co-op City complex include balcony and façade work, elevator replacements, waterproofing of porticos, new lobby entrances, storefronts, concrete beams on roofs, power plant heat exchanger, digital control system for the cogeneration plant, building transformers, fire alarm systems in the community centers, basketball courts and coatings in the garages. Riverbay’s $219.6 million operating budget for the 2017-18 fiscal year includes $23.5 million for building and community center janitorial; $16 million for the power plant; $13 million for maintenance, all divisions; $12.8 million for Public Safety; and $10 million for restorations – maintenance/plaster & painting. The spending plan also provides $33.17 million for debt service, fees and reserves; $24.8 million for utilities; $17.1 million in water & sewer costs; and $9.3 million for insurance. The new average carrying charge in Co-op City is $220.54 per room as of August 1, 2017.
Payment Of August Carrying Charges Through PayLease
Shareholders who registered to pay their monthly carrying charges electronically through PayLease are reminded that the carrying charge increase become effective on August 1, 2017. As a result, when paying your August bill, you must log into your PayLease account and change the amount of your payment to the new monthly figure shown on your August bill before sending your payment.
New Bicycle Fleet
City News Retrospective Causes Confusion; Riverbay Responds The concept of making things old new again works well with popular music, movies and theater, but it doesn’t work so well with journalism as Co-op City has been finding out these past few weeks. The City News, ever since the departure of its long-time editor Michael Horowitz, has taken to running reprints of their old front pages and reprinting the articles from those front pages on the inside of the weekly newspaper in what appears to be an attempt to fill the material void left by the exodus of Mr. Horowitz. While not the first newspaper in BY BILL STUTTIG
the world to feature a retrospective series, a problem is occurring with the City News series in that the articles reprinted on the inside, unlike the front page, do not include a clarification that they are from the distant past of the community – in most cases 30 or 40 years past – and many residents have apparently and understandably mistaken history for current events. To help stop the confusion that seemed to be growing communitywide with each passing week, Riverbay’s Executive General Manager Bob Klehammer requested that a message (Continued on page 4)
On Wednesday, the Public Safety Department received delivery of twelve new mountain bikes to replace the aging fleet used by the department’s bicycle patrol since the program’s inception more than a decade ago. Detective Steve Grosvenor, commander of the patrol unit (right), said the new bikes will feature a state-of-the-art dual braking system and all-terrain tires which will allow the patrol to function more effectively off-pavement and in inclement weather. Pictured with Detective Grosvenor is Officer Charles Thomas of the bicycle patrol. Photo by Bill Stuttig