Read us online: issuu.com/cctimes • FollowTuesday, us on socialNovember media: IG/X/Threads @coopcitytimes • @coopcitytimes.bsky.social 11th, 2025 Vol. 60 No. 49
December 20, 2025
Bally’s Casino Wins Downstate Casino License By DANIELLE CRUZ After a lengthy approval process and numerous public meetings, reviews, and negotiations between
applicants, state officials, and local advisory committees, the New York State Gaming Commission announced on Tuesday, December 15, that they were awarding Bally’s one of the three coveted downstate casino licenses. This means that Bally’s can now officially move forward with their plans to turn 16 acres of land at Ferry Point Park, adjacent to the company’s existing golf course into a casino, a 500-room hotel, a spa, a 2,000seat entertainment venue, multiple restaurants, retail spaces, and parking garages. According to Bally’s, con-
Rendering of Bally’s Bronx Casino. (Courtesy of Bally’s Bronx)
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$1.25
Management Report Organization Restructure – Community Location Model Management Report
Marvin L. Walton
Executive General Manager The purpose of this special edition of the Management Report is to provide our shareholders with a detailed strategy of how Management plans to improve service delivery to shareholders. This will be done by implementing a Community Location Model [See pages 5 and 9 for seven (7) Community Location Chart]. The core initiative of this model is to restructure property management operations by scaling down Co-op City to smaller property management portfolios. This would enable
Management to increase attention and supervision of the buildings and townhouses, and provide better accountability. Each location will be divided into 2,100 – 2,300 apartments. Through the Community Location Model, Management aims to address various operational challenges that arise because of the large scale of the entire Co-op City community versus Riverbay Corporation, which manages 15,372 apartments in 35 buildings and seven townhouse clusters
By DANIELLE CRUZ On Friday, December 12, Governor Kathy Hochul vetoed a senate bill that would have excluded Co-op City from the MTA’s Automated Camera Enforcement Program (ACE). Though Governor Hochul vetoed the bill, she agreed to pause the program until a study is conducted by the New York City Transit Authority to determine how the program can be adjusted to address concerns raised by shareholders.
“Currently, some motorists engage in double parking in through lanes and in bus stops, which not only impede transit bus and paratransit operations but also create unsafe situations for children being dropped off at schools and for elderly residents going to medical appointments,” said Governor Hochul. “NYCT has agreed to temporarily pause automated camera enforcement of both bus lane and bus stop no-standing violations pending a review (Continued on page 4)
Senator Bailey Announces $1M for ARGUS Cameras for 45th Precinct MTA Camera Enforcement Program Council; and Cary Smith, III, RivNew York State Senator Jamaal erbay Assistant Executive General Temporarily Paused in Co-op City T. Bailey announced $1M in state Manager, among others. (Continued on page 2)
By ROZAAN BOONE
funding for ARGUS cameras for ARGUS cameras are Autonomous, the NYPD’s 45th Precinct at a press conference held in the Bartow Center on Wednesday, December 17. An additional $250,000 in city funding for cameras specifically in Co-op City has also been secured by City Council Member Kevin Riley to address public safe- Co-op City’s elected representatives, law enforcety concerns raised ment officials, Riverbay Board & Management perby shareholders with sonnel, and shareholders display a check for $1M elected and law en- in state funding for ARGUS cameras in the 45th Pct. forcement officials. coverage area. Photo by Brandi Simpson Present at the press conference in addition to Senator Bailey and Coun- Real-time, Ground, Ubiquitous, cil Member Riley were State Assem- Surveillance cameras that provide blyman Michael Benedetto; Bronx 360-degree surveillance capability, Borough President Vanessa L. Gib- real-time monitoring and response, son; Chief Benjamin Gurley, NYPD recording functionality for investigaPatrol Borough Bronx; Captain An- tive purposes and act as “silent witderson Ortiz, 45th Pct. Commanding nesses” for crime prevention and inOfficer; NYPD Community Affairs vestigation. Bureau Commissioner Alden Fos“I was having a conversation with ter; Chief Andre Waring, Co-op City Mr. Public Safety himself, Junius WilPublic Safety Department; Bob Bie(Continued on page 6) der, president, 45th Pct. Community
Co-op City Times Holiday Deadline Notice
Riverbay offices will be closed on Thursday, December 25, in celebration of the Christmas holiday. Due to the up-
coming holiday-shortened work week, articles, letters and Directors’ viewpoints submitted for publication on Saturday, Dec. 27, 2025 must be received by 9 a.m. on Monday, Dec. 22. Material received after this time will not be included in the Dec. 27th issue of the newspaper.
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