2008-11-07 / Letters

Find A Solution And Move Forward

Dear Editor,

I am so tired of reading the lopsided ranting of people like Jennifer Grady, Louis Rivera and Hazel McLean, that it makes me sick to my stomach.

When my family and I decided to purchase our apartment in the Dayton Beach Park Co-op, it was because it had the amenities we were looking for as a family. The pool was just one such attraction. Remember we have very young children as well as the elderly who love the pool and cannot use our beaches. The waters are rough and it's hard for the elderly to walk on the sand.

If we wanted to have NO amenities, no security, we would have moved into some other development! However, we, like so many other shareholders who wanted better lives, chose Dayton Beach Park.

Having said that, let's see how our problems really began: if we are honest with ourselves, it started when then President Dolores Orr and Vice President Stacy Pheffer, along with the board of directors at the time and with the approval of HPD, who by the way is supposed to oversee what goes on and what is in the best interest of shareholders, did not do their job. This overseeing agency allowed the board of directors at that time to take out an outrageous mortgage for more than $38 million, with only a minimal increase in maintenance. All parties to this horrific situation knew it could not be done, and it was a blueprint for disaster for out co-op. Nevertheless, HPD put its stamp of approval on it, and here we are today with people yelling about an increase that should have been passed along to us in small increments right along. But people like Jennifer and Hazel just shout No! No! For years they also sat on the board and blocked small increases that would have prevented our major problems.

Friends, we are just like Wall Street right now, we are in a dilemma; it no longer matters how we got to this place, we must now take the necessary steps to prevent the further hemorrhaging of our co-op and move forward. People like Jennifer Grady and Hazel McLean are nothing more than troublemakers who resort to a mob mentality and finger pointing. If you don't agree with them they shout you down or call you names. Jennifer and Hazel are not part of the solution, my friends, they are part of the problem. If it were up to them, we would be a project and not a co-op with pride in what we own and have accomplished.


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