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sharehlders have a right to know how there money is spent.
in this coopo the managing agent gets a yearlyt bonus ,and isnt worth his pay.
when i was on the board and found out, as i got a memo stating the amount he expected, , the memo was from him.
i did everthing possible to have the bonus rejected, as i was a union empyoee myself, anf we would getr fired if we took a tip of a vaue more than a bottle of soda or piece of fruit.
managers were in no way on the tipping scale.
A super who exceeds his/hers union duties and saves he bldg money by doing small painting jobs and such, i am ok with tipping via the board.
management agents=no way
i think every shareholder should have access to the monthly and yearly finances of their coop, this would stop a lot of fraud.
And there is a lot of fraud!
Please contact your City Council President - he is very aware of the ongoing corruption with coops in Yonkers.
Yonkers suggested contacting our City Council President. Who might that be? Our City Council Speaker is out, and a new one has not yet been chosen. Who are you referring to? I would like to know who you feel is aware of the ongoing corruption and seems to take an interest. Thanks in advance.
Please contact chuck Lesnick. He is very aware of the corruption of some coops in Yonkers. He might be term limited but this could be his last hurrah.
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Dear Escape: I agree with everything you say. You seem to be very knowledgeable on coop management, services, and basic shareholders' rights. You are also very valiant to fight for shareholders rights against the Board, the Managing Agent, and other agents of oppression and financial exploitation, such as super and other coop employees. We would like to put you in our mailing list. Please write to us, g5grosof@msn.com - CONCERNED CITIZENS for COOP REFORM - P. O. Box 568 - Bronx 10463
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