Written by Vivian Lee on January 09, 2015
It's been an especially tumultuous few months in Co-op City. In October 2014, the massive residential complex in The Bronx announced plans to replace Marion Scott Real Estate, the managing agent that oversees all operations at the Mitchell-Lama complex in Baychester.
A month later, the New York Daily News reported that during a public meeting, the RiverBay board of directors, which controls the 50,000-resident complex, had officially taken over "day-to-day operations." According to the report, the board was already considering bids from eight competing companies to replace Marion Scott. Moreover, the board reportedly made serious allegations against the management company; sent a letter to the state Division of Housing and Community Renewal, the agency in charge of affordable housing; and called for a state investigation of its charges against Marion Scott.
It was already apparent, however, that severing ties completely would be a lot more complicated than expected. Why?
November 25, 2014
Late last month, we told you about Co-op City's plans to replace Marion Scott Real Estate, the managing agent that oversees all operations at the Mitchell-Lama complex in Baychester. Now the New York Daily News has reported that during a "fiery public meeting" last week the RiverBay board of directors, which controls the 50,000-resident complex, has officially taken over "day-to-day operations." According to the report, the board expects to replace Marion Scott by early next year and is currently considering bids from eight competing companies. The board is making serious allegations against the management company and has sent a letter to the state Division of Housing and Community Renewal, the agency in charge of affordable housing. It's also calling for a state investigation of its charges against Marion Scott. But severing ties completely may be a lot more complicated than expected thanks to the terms of RiverBay's financing deal with the government and Wells Fargo Bank, the report said.
Written by Frank Lovece on October 24, 2014
The massive Co-op City residential complex in The Bronx has sent out requests for proposals to seek new property management.
The Mitchell-Lama co-op of 15,372 residential units in 25 high-rise buildings and seven clusters of townhouses is seeking to replace Marion Scott Real Estate, which has managed the complex since 1998, reports Real Estate Weekly. Firms can bid through Nov. 19 to manage all of Co-op City or either the residential or commercial portions, the magazine said.
November 14, 2014
Co-op City marked a first at the end of October. The mammoth housing development in The Bronx inaugurated the Rivers Run Community Garden, its first riverfront green space. The Bronx Times reports that the garden's co-founder and vice president, Leslie Peterson, wanted to transform the unused space into something that would raise Co-op City's profile and benefit the community by giving people a place to plant flowers and grow vegetables and herbs. Helping in the endeavor are the Facilitators Building 13 Association; Riverbay Community Relations; and Rivers Run Community Garden's Steering Community, which in turn, includes Co-op City residents, NYC Parks' GreenThumb and the New York Botanical Garden, among other collaborative partners. You might think their timing is odd, since winter is fast approaching — but there is plenty of work to do ahead of the garden's anticipated spring 2015 completion, including landscaping, constructing walkways and laying mulch in certain spots.
Written by Frank Lovece on October 31, 2014
Trip-and-fall cases are the bane of all buildings, co-ops and condos most definitely included. And while you can't foresee every circumstance that might cause a resident or a visitor, including first responders, to fall and hurt themselves, there are steps a prudent board can take to minimize the risk. As Habitat has written, for instance, you can make sure your floor drains are clear and uncluttered, to prevent flooding when sprinklers go off, and you can choose not to hold meetings in an unfinished commercial space.
Our latest suggestion, based on a real-life trip-and-fall court case: If you have ramp at your door, make sure it has handrails on both sides. Because believe it or not, here's what can happen.
Written by Frank Lovece on October 10, 2014
Nobody likes clogged drains. You got your hair and your soap scum and that awful, green, oozy-looking thing I told you to go see the doctor about. But now there's another good reason to keep the drains unclogged at your co-op or condo: You might get sued if you don't. Especially if a firefighter or a police officer is involved.
Let us explain.
Written by Frank Lovece on February 07, 2014
A $5 million class-action lawsuit has been filed on behalf of roughly 900 to 1,000 present and former Co-op City workers against that cooperative's management company, claiming unpaid overtime. The RiverBay Corp., which manages the sprawling, storied complex in The Bronx, has denied the allegations.
September 29, 2014
Updated Oct. 3 — When the New York City Fire Department (FDNY) shut down the gas in one of the three Skyview-on-the-Hudson buildings, in the Riverdale section of The Bronx, the co-op had to spend over $100,000 in upgrades before getting service returned after nearly two weeks. The co-op found it more cost- and time-effective to preemptively replace the hose connection behind the stove in every unit rather than find which ones had leaks.
Written by Jason Carpenter on June 11, 2014
Getting a building's budget back in the black after mismanagement is a tough job for any board. The Sussex, a 73-unit co-op at 2186 Cruger Avenue in The Bronx, was in massive debt and facing a number of challenges when it came under new management in 2013. Chief among the problems: a sputtering, failing, soon-to-be illegal boiler that required immediate action.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.