Rochdale Village Bulletin Newspaper March 2018 Edition

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THE COOPERATORS’ NEWSPAPER

Vol. 54 No. 04

March 2018

SERVING OVER 25,000 SHAREHOLDERS IN THE WORLD’S SECOND LARGEST HOUSING COOPERATIVE

137th Avenue’s ‘Field of Dreams’ closer to reality

Proposal for vacant lot brings retail, new apartments, parking, jobs and more to Rochdale Page 3

*Concept Rendering of Site Proposed concept rendering from The Briarwood Team for redevelopment of the 137th Avenue lot as presented by Rochdale’s Board of Directors on Monday, March 26, 2018

By Susan Van Brackle

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magine the vacant lot at 137th Avenue and Guy R. Brewer Boulevard being transformed into a fully thriving corner that contains inter-generational residences, provides state-of-the-art amenities, parking facilities and retail options. For over 53 years now, the site has been Rochdale’s ‘field of dreams’. It is a remaining parcel from the original Jamaica Racetrack that currently serves as a fenced-in dumping ground for winter snow, excavated dirt and storage of the area’s maintenance equipment. To say that numerous surveys, studies and analyses have been conducted over the decades with the goal of finding the best use for the site is an understatement. Generations of board members have been presented General Manager’s Report - Pg. 4

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Public Safety Report - Pg. 7

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with various ideas and suggestions for their consideration. Yet, finding the trifecta, a proposal that meets the community’s needs for additional parking, new retail options and an income stream that keeps carrying charge increases at bay, are steep benchmarks. Over the last four months, proposals narrowed down to two seasoned contenders: The Briarwood Organization, LLC, (Queens based for 106 years) et. al.; and BRP Development. On Monday, March 26, 2018, the Rochdale Village Board of Directors’ ratified the decision to accept a proposal for site conversion plans from the Briarwood Team with member votes of eight for; seven against. The developer’s estimated cost to build the mixed-use structures calls for an investment of $129,000,000 and assures jobs creation, community revitalization and sweeping changes to a long dormant tract of land. (Continued on page 3) Board of Directors Resolutions - Pg. 16-17

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Homegoings - Pg. 36


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