PRESIDENT’S REPORT:
BY STANLEY R. GREENBERG, CPA
As I am writing this article, the snow
has finally stopped after depositing 3-4
inches on the ground on April 2nd –
unbelievable–this is no April Fool’s
joke!
Financial
The 8 months ending February
28, 2018 (budgeted versus actual)
showed total revenues of $11,514,253
(68.01%) of the budgeted amount of
$16,930,059 and total expenses of
$10,645,18 (65.79%) of the budgeted
amount of $16,180,513 as reported by
our accountants. The positive variances
were due to higher unit sales, unexpected
patronage dividend, savings in
utilities and real estate taxes.
I am going to devote the remainder
of my column to the Hallway & Lobby
upgrade project:
The Hallway & Lobby project commenced
on April 2, with the first group
of buildings, B#1 through 4, being
worked on simultaneously. The work
will be done in clusters of four buildings
at a time and will be done in
numerical consecutive order. Based on
the information provided by the contractor,
each cluster will be completed
approximately within a one-month
period.
The order of the work will be the
stripping down of the wallpaper, prepping
the walls, painting the laundry
rooms and stairwells, replacing the
existing moldings with new crown
moldings to match the décor and to
cover the various wires, painting the
hallway ceilings and walls, changing
out the common door knobs and the
peepholes on every apartment door.
If so desired, residents can opt to
have their individual door locks/handles
changed at their own expense. (We
will be sending a separate notice to all
apartments with information on this
process). The last step will be to install
the hallway carpeting.
Upon completion of
the hallways, the lobbies
will be worked
on. The marble
wall tiles will be
replaced with
porcelain tiles.
The floor tiles
and mirrors will
be replaced with
new ones and a new
light fixture will be
installed in the entry
way. The mailboxes will be
replaced with larger boxes and
the window frames and railings will
be painted to match the lobby décor.
As per the requirements of the Post
Office, three parcel lockers will be
mounted on the outside of the building
near the lobby door (a notice will be
sent out on this later).
The approximate cost for this project
will be $1,700,000. Due to the Co-op’s
N E W S
A P R I L 3
L E H A V R E
strong financial condition,
this cost will be
covered through our
reserve fund, therefore
avoiding any
additional assessment
to the shareholders.
Also in
that regard, keep
in mind that all
projects undertaken
to date have been done
through our reserve fund,
and no additional assessments
have been incurred for any of them.
We are hoping that the entire length
of the project will be approximately
8-9 months in duration, at which time
all thirty-two buildings will have been
completely upgraded.
Thank you as always for your continued
support.
The Welcome Wagon
The Le Havre Board of Directors and management would like to welcome new
shareholders to the community. Below are our most recent new residents. We hope
that all of you settle in comfortably, get to know your new neighbors and enjoy
living here at Le Havre!
Konstantinos & Elizabeth Simotas
WWW.QNS.COM | APRIL 2018 | LEHAVRE COURIER 3
Carlos & Nelly Vizuete
Management Office
718-767-7400
(9am-5pm)
Maintenance Dept.
718-767-6200
(7am-4pm)
LeClub
718-767-2277
Security
718-767-6200
(4pm-7am)
347-925-0954
(emergency back up number)
109th Precinct
718-321-2250
School Board #25
718-282-7600
LeHavre Courier, 38-15 Bell Blvd.
Bayside, NY 11361
718-224-5863 • Fax 718-224-5441
Sales fax: 718-631-3498
e-mail: editorial@qns.com
Publisher & Editor Victoria Schneps-Yunis
Associate Publisher Joshua A. Schneps
Editor In Chief Jill Davis
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