2008-05-16 / Letters

Simon Should Have Stayed Away

Dear Editor,

I would like to address Lew Simon's comments in his column in the April 25 edition of The Wave.

Simon was invited to Dayton Beach Park's board meeting by Hazel McLean and Jennifer Grady. Unfortunately, Simon is not a shareholder of the co-op, nor was he invited as a speaker by the board as a whole, so he was not supposed to be there.

Does Simon barrel into an IBM board meeting to make accusations on behalf of disgruntled shareholders under the guise of supporting his constituents? I think not. Simon was lured to the board meeting by propaganda that McLean and Grady fed him and in the hopes of gaining more constituents.

To Simon's detriment, he did no due diligence prior to attending the meeting. He had no value to add with his speech about calling for an investiga tion, except speculation,

accusation and

misinformation. He came up to me during the meeting, after I think he realized he was duped by misinformation on the part of his inviters, and tried to convince me that he wasn't accusing me of any wrong doing.

Had Simon bothered to gather any information prior to his attendance at the meeting, he would have realized that Dayton's financial situation started with HPD's denial of the full carrying charge increase needed in 2001 to cover the debt service incurred by a very large mortgage that was taken. He would have realized that the issue with the water bills not being paid came from an intuitive decision by a consultant not to pay DEP, as many, many other property owners across NY city did due to overcharging, incorrect billing and faulty meter readings on the part of DEP. This is a fact that was uncovered by the NY Daily News. Simon's call for an investigation of the books and records of Dayton were superseded by a motion made in March of 2006, compelling HPD to supply a forensic accountant to audit the books and records. A motion made and supported by the same people Simon was there to accuse of wrong doing and opposed by Simon's inviters.

In closing, I challenge Simon to use his political connections to in fact assist in getting the District Attorney's office to oblige the motion made in 2006 and have a forensic accountant audit not only the books and records, but the waiting list, the contracts signed, the mortgage records, HPD, the professionals and any other financial piece of information that can assist in determining how Dayton Beach came to struggle financially and point blame and make accusations towards those who were really responsible, by being so irresponsible in these financial matters.
JOANNE SMITH
SHAREHOLDER

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