Building 3 Window Instalation and upcoming updates

Many shareholders have asked me to give an update on a possible window installation date and why it has been on hold for two months. Sadly to say it is due to lengthy HPD payment processing. The project is financed through HPD grant and payments are processed and paid by HPD. Lately they had setbacks paying bills on time due to their internal procedures. We do understand the frustration of many residents, but we do not have control over HPD payment processing. However, the board is happy to inform that, to speed up the process, an agreement has been reached with HPD to pay “Ecker Windows” from our reserve funds and later in the month the account will be reimbursed by HPD payment. Going forward, to minimize such delays we can do this again if there is a need for it. Few weeks ago “Ecker Windows” has placed an order to make the windows. We were told that it would take 8-10 weeks to complete the order by the Champion who is our window manufacturer. Based on that, the current estimation time for window installation would be the second week of January 2014. Knowing our residents frustration with window installation process the board and our management team will be in constant contact with the manufacturer and installer to speed the process as promptly as possible.

Also, just as a heads up. I will be updating this site soon with missing minutes. Sometime in December I will have some of updates on our current Projects.

Updates will include:

1) Security Cameras

2) Removing Sidewalk violation

3) Fixing street lights

4) Construction and brick replacement

5) Installing Building signs

and more