BRONX TIMES REPORTER, O 44 CTOBER 18-24, 2019 BTR
1922 McGraw Avenue in the Parkchester. Photo courtesy of Houlihan-Parnes Properties
arrange fi nancing for 53-unit
cooperative in Parkchester
Michael Cuniberti and Brian Sullivan
of Houlihan-Parnes Properties
have arranged fi rst mortgage fi nancing
of $2,450,000 along with a line of credit
of $250,000 on a 53 unit cooperative located
at 1922 McGraw Avenue in the
Parkchester section. The property is a
multi-tenanted, six-story elevator building
including three professional spaces.
The refi nancing was placed with a New
York based bank for 10-year term at
3.15% interest and 30-year amortization
schedule. The loan was done at par
with a yield maintenance prepayment
penalty. The borrower was represented
by Alan Snider, Esq. and title was provided
by Madison Abstract.
Houlihan-Parnes Properties is a fullservice
real estate company providing
property/asset management, construction
management, sales and mortgage
brokerage, back offi ce operations, and
real estate consulting. We specialize
in the management of co-ops/ condos,
residential, retail, and mixed-use properties.
Our dedication to providing our
clients with top-level hands-on management
has made us successful in building
equity and wealth for our clients
through the assets we manage.
For further information contact
James K. Coleman at (914) 641-4336,
firstname.lastname@example.org or Michael
Cuniberti at (914) 641-4355, mcuniberti@
* * *
Maria Regina High School freshman,
Stephanie M. Lazala, was recently
featured as a role model in the fall issue
of Strong Magazine for Girls. This quarterly
publication aims to inspire and empower
young women to be the best version
of themselves by presenting them
with strong female role models, and
encouraging their interests and passions,
wherever they may lie. In the issue,
Stephanie revealed that she would
like to be an anesthesiologist after she
In addition to her fall feature, Stephanie
has also decided to apply to become
a Youth Ambassador for the Tourette’s
Association of America. The TAA Youth
Ambassador Program brings together,
trains and supports teens to raise public
awareness, foster social acceptance,
and advocate for public policies and services
that improve the health and wellbeing
of individuals with Tourette and
Tic Disorders. This disease is something
that Stephanie was diagnosed
with at a very young age, but has been
able to rise above it.
* * *
Social Security and Supplemental
Security Income (SSI) benefi ts
for nearly 69 million Americans will increase
1.6 percent in 2020, the Social
Security Administration announced today.
The 1.6 percent cost-of-living adjustment
(COLA) will begin with benefi ts
payable to more than 63 million Social
Security benefi ciaries in January 2020.
Increased payments to more than 8 million
SSI benefi ciaries will begin on December
31, 2019. (Note: some people
receive both Social Security and SSI
benefi ts). The Social Security Act ties
the annual COLA to the increase in the
Consumer Price Index as determined
by the Department of Labor’s Bureau of
Some other adjustments that take
effect in January of each year are based
on the increase in average wages.
Based on that increase, the maximum
amount of earnings subject to the Social
Security tax (taxable maximum) will increase
to $137,700 from $132,900.
Social Security and SSI benefi ciaries
are normally notifi ed by mail in early December
about their new benefi t amount.
Most people who receive Social Security
payments will be able to view their
COLA notice online through their my
Social Security account. People may
create or access their my Social Security
account online at www.socialsecurity.
gov/myaccount. Information about
Medicare changes for 2020, when announced,
will be available at www.medicare.
gov. For Social Security benefi ciaries
receiving Medicare, Social Security
will not be able to compute their new
benefi t amount until after the Medicare
premium amounts for 2020 are announced.
Final 2020 benefi t amounts
will be communicated to benefi ciaries
in December through the mailed COLA
notice and my Social Security’s Message
The Social Security Act provides for
how the COLA is calculated. To read
more, visit www.socialsecurity.gov/
* * *
Stop by picturesque City Island and
enjoy the exciting programs offered at
the PSS City Island Center, which is
located at 116 City Island Avenue, Monday
through Friday from 9 a.m. to 3 p.m.
Experience the exercise classes from
gentle Yoga Stretch, Balance Class, Arthritis
Workshop and Tai Chi as well as
the vigorous Fit For Life and Cardio Fit.
They also offer acrylic painting, calligraphy,
health presentations, blood pressure
monitoring, gardening exchange,
singing group and parties. Lunch is
served from noon to 1 p.m. suggested
donation is $2. The center participants
go on shopping trips every day; i.e.
Shop Rite, Dollar Tree, Target, Kmart,
as well as theatre excursions, special
trips, special luncheons and more. It’s
free to become a member, but you must
be 60 years of age or above.
Special Event: Friday, October 25,
at 12:15 p.m., Lunch and a Movie - The
Upside. Must sign-up.
For more information contact Patty at
(718) 885-0727 or email pattis@pssusa.
org for their monthly calendar.
* * *
Do you need help getting to and from
your medical appointments? Transportation
services are available to seniors
Monday through Friday, 8 a.m. to 4 p.m.,
in community districts 9, 10, 11 and 12.
The program provides door-to-door service
for all medical appointments. Their
drivers are courteous and professional;
and their vehicles are clean and handicap
accessible, including wheelchair
For further information, contact Mildred
Cardona, program director of the
R.A.I.N. Transportation Program, at
BY MARY JANE MUSANO
Our next meeting will be on
Tuesday, October 22 at 7:30 p.m
at the First Lutheran Church
on Baisley and Hollywood avenues.
Please remember that
we always meet .on the fourth
Tuesday as sometimes there is
a fi fth Tuesday. We hope to see
Our guest speaker will
be John Cummings. John is
running against Rep. Alexandria
Ocasio-Cortez and he is a
member of our community. He
knows this community and
our needs well. The upcoming
election will be crucial to the
betterment of our community
as well as our nation. I urge
you to come with your questions
and suggestions. Then,
if you like what you hear be
ready to lend your support. We
will have to come together and
work hard to get someone in
offi ce that is willing and able
to represent us.
John will speak about his
background at the meeting
but it is important to note that
he served as a police offi cer
and a teacher of United States
History, Government and Economics.
His high school students
encouraged him to run
for offi ce.
It is very exciting to have
a man from our community
with this background run for
Congress. It gives me hope
that if we come together and
work hard we can change the
direction that our country
seems to be taking. Please attend
this important meeting
and bring your friends, neighbors
and relatives with you.
We must be informed.
Saint Mother Cabrini
In our country and in our
city no longer does the will
of the people matter. The decision
of Chirlane McCray
to disallow a statue of Saint
Mother Cabrini to be erected
honoring her as an outstanding
woman from New York defi
Chirlane McCray created
a competition to honor outstanding
women and although
Mother Cabrini received the
most votes by far, our First
Lady refused to giver her the
honor, saying she wanted
someone more fashionable.
Why take the time to create
a competition and then completely
ignore the results?
Saint Mother Cabrini was
certainly an outstanding Catholic
of this honor and by rejecting
her, Chirlane McCray has
Catholics and immigrants, as
Mother Cabrini immigrated to
New York in 1889 and worked
to help immigrants throughout
Mother Cabrini was responsible
for building 67
schools and orphanages in our
state and in other parts of the
world. She was designated as
the Patroness of Immigrants
due to the fact that she spent
most of her life helping immigrants.
She was the fi rst North
American to be canonized and
declared a saint.
As you can see, it is inconceivable
as to why this deserving
saint was rejected. Chaz
Palminteri suggested it was
a racist decision. When chastised
by the mayor for suggesting
this, he said, it is at the
very least a biased decision.
Peter King also stands by Chaz
and other Italian Americans
to demand that this shameful
injustice be addressed.
We all must speak out and
tell Chirlane McCray that
whether or not she considers
Mother Cabrini fashionable,
we, the people have spoken
and we demand to be heard.