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Tuesday, September 18, 2012

Island House Ground Lease Modification Almost Done - Roosevelt Island Operating Corp Real Estate Committee Meeting Tonight To Discuss and Full Board To Vote At September 20 RIOC Directors Meeting - Privatization and Exit From Mitchell Lama Program For Building Proceeding

 Image of Island House Enterance

According to the Roosevelt Island Operating Corp (RIOC)
PLEASE TAKE NOTICE that a meeting of the Real Estate Development Advisory Committee of the RIOC Board of Directors will be held on Tuesday, September 18, 2012 at 5:30 p.m. at the RIOC administrative office, 591 Main Street, Roosevelt Island, New York.

AGENDA

1. Chair's Motion for Executive Session to Review and Discuss Proposed Modifications to the Ground Lease for Island House;

2. Any Other Committee Business That May be Brought Before the Committee.
It appears as though the Island House Ground Lease Extension and Mitchell Lama privatization exit is about to proceed since this item # 7 has been added to the RIOC September 20 Board of Directors meeting agenda
Authorizations Related to Amendment to Island House Ground Lease
Below is the September 20 RIOC Board Agenda.
AMENDED AGENDA

SEPTEMBER 20, 2012 MEETING OF
THE ROOSEVELT ISLAND OPERATING CORPORATION
BOARD OF DIRECTORS
THE MANHATTAN PARK COMMUNITY CENTER,
8 RIVER ROAD, ROOSEVELT ISLAND, NEW YORK
5:30 P.M.1

I. Call to Order
II. Roll Call
III. Approval of Minutes
1. July 30, 2012 Board Meeting (Board Action Required)
IV. Old Business
V. New Business
1. Presentation of the Proposed RIOC Budget for FY 2013-2014
2. Authorization to Amend License Agreement with the New York City Police Department Transit Bureau K-9 Unit (Board Action Required)
3. Authorization to Amend the Contract for Construction Management Services for Oversight of the Aerial Tramway Modernization Project with LiRo Engineers Inc. (Board Action Required)
4. Authorization to Enter into a Contract with Streetline, Inc. for Roosevelt Island Smart Parking Program (Board Action Required)
5. Authorization to Enter Into a Contract with Meli Contracting Co., Inc. for Westside Waterfront Sidewalk Reconstruction Project (Board Action Required)
6. Authorization to Enter Into a Contract with Scientific Electric Co. Inc. for Lighthouse Park Lighting & Electric Restoration Project (Board Action Required)
7. Authorizations Related to Amendment to Island House Ground Lease (Board Action Required)
8. President's Report 9. Committee Reports
a. Audit Committee
b. Governance Committee
c. Operations Advisory Committee
d. Real Estate Development Advisory Committee
10. Public Safety Report
VI. Adjournment
More on Island House privatization and exit from Mitchell Lama program including video of Town Hall meeting on subject at previous post.

8 comments :

Anonymous said...

Good job by THE Island House tenants committee. Unlike The backstabbers on THE Eastwood building committee
Shame on All of them

Anonymous said...

Agree. They should hang their heads in shame When walking on main Street

Anonymous said...

I. Am Part of the 47 percent. I Will not vote For romney

Anonymous said...

Well as For me. I was Never in my Life. was I part of the 47 percent .but Thanks to ron vass and THE Eastwood building committee
.and rioc and hud I am NOW Part af the 47 percent

Anonymous said...

What u and the majority of people do not comprehend is that soon there will be nothing for the govt to give the 47%. The debt is exploding!!!!

Anonymous said...

If There is no More money .What Will THE owner of Eastwood do. 95 percent of THE apartments Are being paid by sec 8 at market rents

Anonymous said...

When Your rent is based on Your income its BEST to Keep Your income low.

Anonymous said...

Ron vass and the Eastwood building. Committee Need not worry about THE rent being based on their income they Got rent stabilitze apartments