LATEST NEWS As announced at the June 23rd annual meeting, the Board has voted to implement a monthly assessment beginning August 2008 and terminating December 2010. The schedule for the assessment is as follows: January 2009 – December 2010: $1.35/Share per year (The assessment in 2008 is higher by $.50 due to the rising fuel costs experienced this year) Should you have further questions, please do not hesitate to contact the Board. Updates Water Leaks Replacement/repair of elevator threshold tiles.
Assessment
This assessment has been recommended by our accountant, Marvin Schwartz, as a result of the building experiencing two years of operating losses which are noted in our recent financial statements.
The use of an assessment rather than a large maintenance increase will allow our maintenance charges to remain competitive for the neighborhood.
August 2008 – December 2008: $1.85/Share prorated over five months
Example: 500 shares
Example: 500 shares
Some shareholders are experiencing water leaks in their apartments. If you or someone you know is having a problem, please let Century Management and Sam know so that arrangements can be made to evaluate the problem.
This work will be completed shortly.
SUPERINTENDENT
Sam Sabovic
Tuesday through Saturday
8:00am - 5:00pm
917.521.8262
super875w181st@aol.com
PORTER
Alberto Cruz
Sunday/Monday/Wednesday
8:30am - 5:00pm
Tuesday/Thursday
7:00am - 3:00pm
(summer hours)
CENTURY MANAGEMENT
Lenny DeLuca
212.560.6400
LDeLuca@CenturyNY.com
24 Hour Emergency Line
212.560.6400
BOARD OF DIRECTORS
Diane Battle - President
Elizabeth Githens - Vice President
Robert Sulkow - Secretary
Hari Krishnaswami - Treasurer
Della DeKay
Michael Gates
Peter Schalk
board@875west181.com
Please note that emails to the Board
are reviewed on a weekly basis.
Contact Century Management for any matter
that requires urgent attention.
