Allegra T. is totally and absolutely correct. In our building, we have two elevators (2 buildings, 6-floors each), which needed "repairs", the Managing Agents tells the corrupted fools in the Board. These are 25-years old elevators, who were already cosmetically renovated 5 years ago to the tune of $7.000. "That's not enough", says the Hungry Wolf, "we need to renovate the entire elevator system, $260.000". We organized petitions of residents shareholders telling the corrupted fools in the Board, that the elevators were working reasonably well, and such expenditure was not needed. To no avail. The job was done (2 months of construction) and we were imposed a 5% assessment for 5 years. An investigation of the contractors industry revealed that the whole renovation work could be done for only $40K per elevator, $80.000 total for both. So, right there you can detect a " small" skimming of $180.000! These peoples, named by Allegra as contractors, engineers, architects, all of them under the command of the Managing Agent, and they are mafia. They are insaciable parasitic predators, and won't stop their feeding frenzy until they have banrupted the coops. All coops. We are in the grip of several mafias. May the gods have mercy on us, and send us a champion to defend the resident coop shareholders. Jerry Grosof, Concerned Citizens for Coop Reform. g5grosof@msn.com

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