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Co-op City Times 12/03/2022

Page 1

Vol. 57 No. 49

Saturday, December 3, 2022

$1.25

HCR Holds Carrying Charge Conference With Shareholders To Discuss Proposed 7.5% Increase BY ROZAAN BOONE

Representatives from New York State Division of Housing and Community Renewal (HCR) hosted twenty-nine Co-op City shareholders who signed in to the agency’s virtual carrying charge conference held on Thursday evening, December 1, 2022 at 7 p.m. on Webex. Denise Snyder, HCR’s Homes & Community Manager, explained the reason the conference was called – to discuss Riverbay Corporation’s application for a proposed 7.5% carrying charge increase – and noted that the HCR Notice of the meeting and details of Riverbay’s application for the increase were published in the October 29, 2022 issue of the Co-op City Times. ity, must send a budget rent determination application every two years. In compliance with that, the increase request was submitted and we are having this conference,” said Ms. Snyder. “A determination has not been made but will be posted when the [HCR] Commissioner reviews the total application and the comments that were sent in by shareholders.”

In addition to attending the virtual conference, HCR also allowed for a 30-day comment period during which the agency encouraged Co-op City shareholders to write or email in their responses/comments to the housing company’s request for a carrying charge increase. The deadline for written submissions was Thursday, December 1, 2022. Ms. Snyder also announced that for shareholders currently receiving SCRIE and Section 8, the appropriate administrative agencies would address adjustments once the HCR Commissioner issues the Carrying Charge Increase Order. She noted that SCRIE would be addressed within 90 days of the issuance of the Commissioner’s Order. Ms. Snyder then introduced Riverbay Executive General Manager Bob Klehammer to present on behalf on the housing corporation. As he did at the October 26, 2022 Open Board meeting in the Dreiser Auditorium, which was attended by approximately 300 shareholders, Mr. Klehammer related that the purpose of the increase

budget was adopted in April of 2021, and within several months, Mr. Klehammer said that it became

which was for the years 2021/22 and 2022/23. That

(Continued on page 2)

Riverbay Lobby Key Fob Program Co-op City’s renovated lobby entrances require a key fob for easier access via Siemens Sipass Integrated Access Control System. The new access system adds a measure of security in that it is issued only to shareholders and Sipass key fob is not duplicatable. Lobby key fobs are distributed by the Riverbay Parking & Leasing Department. Residential lobby and rear door key fobs have been distributed to residents in all Chevron and Tower buildings. Distribution of key fobs to shareholders in the Triple Cores is scheduled to take place in January 2023. to their buildings by using both their old key and the new key fob. However, the lock cylinders in the front and rear door locks are presently being removed in the Chevron and Tower buildings. This work is currently being undertaken in Buildings 15, 16, 1 and 3 – two buildings per week, until all buildings have been addressed. Once the lock cylinders are removed, the buildings will be accessible by key fob only through the front and rear doors. Shareholders are still able to use the old key to gain access to the stairway door in the front lobby inside their building, and the bathroom inside the laundry room. Prior to cylinders being removed from each set of buildings, shareholders who encounter technical/operational issues with the key fob issued to them are advised to contact the Parking & Leasing Department to resolve these matters expeditiously for their convenience. The Parking & Leasing Department is located in the Bartow Center, Room 23; (718) 320-3300, Option #5; or by email: parkingdepartment@riverbaycorp.com. Hours of Operation: Monday, Wednesday, Friday – 8:00 a.m.-5:00 p.m. Tuesday, Thursday – 8:00 a.m.-7:00 p.m. Saturday, Sunday – Closed Outside of normal business hours, should a key fob malfunction, contact Emergency Maintenance, (718) 320-3300, Option #2. Below are Frequently Asked Questions (FAQ) about the Siemens Sipass Integrated Access Control System Q: Can a key fob be issued to a non-resident friend of relative? A: Key fobs are only issued to shareholders of record and occupants listed Q: Is it possible for me to purchase additional key fobs? (Continued on page 5) A: No, only one key fob is issued

in natural gas, together with larger than anticipated increases in the corporation’s insurance policy renewalmost every product that the housing company purchases to provide services the community. Management prepared four budget reforecasts for the Riverbay Board starting in November 2021, followed by another update in July of 2022, in August of hammer said, was used to support the increase that HCR was eliciting comments on at Thursday night’s conference. The Board approved the proposed 7.5% increase in October, and an application was submitted to HCR for approval. “Part of the price increases we are facing, the largest is the natural gas that we use to fuel the power plant which provides heating, cooling and electricity to the community. We are anticipating that is going

SCRIE Workshop TODAY in Bartow Center Representatives from NYC Housing Preservation & Development (HPD), administrator of the Senior Citizen Rent Increase Exemption program, will be conducting a workshop in Room 31, Bartow Center, TODAY, Saturday, Dec. 3, from 10 a.m.-2 p.m.

Student Loan Repayment Pause Extended BY BRANDON ORTIZ

ments on Nov. 22. Interest and collections are paused as well with this latest announcement by the DOE. The timeline for this pause is not as explicit as previous extensions of the pause were. This time, the DOE is hoping to clear up the lower court orders preventing the department from implementing their debt relief program before resuming student loan repayments. However, if the lower (Continued on page 4)

Bartow Avenue Animal Care Center Building Application Approved BY BRANDON ORTIZ

The New York City Department of Buildings approved the application for the proposed Bronx Animal Care Center and Vet Clinic at 2060 Bartow Avenue this week. Implementation of the project can now move ahead, with construction expected to begin soon. To recap, the animal care center will be a twostory, 50,000 square foot building located in Bay Plaza between Red Lobster and Project Hope Senior Housing. Logistically, the center will be run by the Animal Care Rendering of the Bronx Animal Care Center to Centers of New York. Once completed, the be built at 2060 Bartow Avenue (Courtesy of NYCDDC) animal care center will have a veterinary clinic, (Continued on page 3)


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