Hopefully, the
problems and downward slide of Valerie Arms will stop and things will get
better. The resignation of VE (Vision Enterprises) does not relieve VE of
responsibility and liability for VE actions. The current BOD (Board of
Directors) is responsible and liable for current and future harm caused by
their (BOD) actions (and inactions).
We need a new
Management Company. We must insure there is a thorough search and review and make
sure there is no ‘conflict of interest’ in the selection. We should solicit
bids from at least five and interview at least three Management Companies. We will
require written proposals for open review.
We suggest the
search, review and selection by done by a Shareholder Committee. This is to
avoid further acrimony and problems with the current ‘self-appointed’ BOD.
Hopefully, some
Shareholders have some background and experience to help. We also need voluntees to help with our blog, e-mail, etc.
URGENT! The current BOD should NOT select the new Management Company. We, Shareholders, want to be part of the selection process. Contact/call each member of the BOD. Demand that we are included.
URGENT! The current BOD should NOT select the new Management Company. We, Shareholders, want to be part of the selection process. Contact/call each member of the BOD. Demand that we are included.
Please contact
us. ( vasc11362@aol.com
) Please give us contact information if you are willing to help and
participate. We need your help!
It is likely the
current BOD will be replaced. We need volunteers and your input.
*Note … My name is Joel. I am a
Shareholder like you. I got fed up with the bad stuff that was happening. I/we can’t
do much about the bad stuff in Washington, in politics, etc. But, at Valerie
Arms our actions and inactions do matter. “Evil succeeds when good people do nothing!”
Things to think
about:
We want access to
Minutes, Financial Reports, Contracts and Co-op records we deem important.
All ‘irregular’
disbursements (legal fees, etc.) must be halted until we do a review.
Employees at VA work
for us, Shareholders.
Do not be intimidated or tolerate any disrespect.
If you feel
threatened in any manner, contact us.
More to come ….
Please check this blogsite regularly.
Contact vasc11362@aol.com
Put your contact info
on our e-mail list for alerts.
We must get rid of the current BOD. Are there candidates, such as Mr. Ullman, or yourself Joel, that will be running to absolutely ensure Ms. Schachter and her "friends" get voted off?
ReplyDeleteI too demand a say as a shareholder in the hiring of a new management company. Can we draw up a proposal and have all shareholder's sign it-immediately-stating we have the right to pick our new management company? Strength comes in numbers.
Sadly, I think we have seen what is next. The Board of Directors posted a Memo in the elevators today telling shareholders that the next meeting will be nothing more than an attack against Mr. Ullman and other shareholders who are trying to find out what happened to our money and how badly we have been hurt by Vision's neglect of our property.
ReplyDeleteThe Board's message also claims that it has been interviewing management companies for months. Why was this a secret? Who has been interviewed? Who recommended these companies? When Mr. Ullman was on the Board we were told that other management companies were being interviewed. WHAT IS THE CURRENT BOARD HIDING?
The truth shall be revealed. Jill Schachter has done nothing but protect Vision Enterprises rather than have the best interests of we the shareholder's at heart. We couls argue it is because of her affair with an employee of Vision which produced an illegitimate child and that's where her loyalty lies. Yes, all the sneers and talking behind her back about her indiscretions, has been confirmed by a long time shareholder/friend of hers.
ReplyDeleteLet's move on to her continuous attacks of Marc Ullman and his "resignation". Remember this: Mr. Ullman was unamiously RE-elected to the board, Jill got on only because of Peter Mesos's proxies. Again, loyalty to Vision. The reason 2 board members resigned, was because when 30 years of fraudulent behavior was becoming revealed year after year, (yes it takes four + years to uncover these things, no one backed them up. Just li of this circuske prior Board President's, Mr. Gillman & Ms. Rosen, they chose to look the other way, rather than make waves.
Let's not forget who RESIGNED just months after the new election. Ms, Schachter neglects to remind everyone that Harvey Berman and Bob Wolman both resigned, and we all know it was because of Jill Schachter. It wasn't due to "lack of time" or "illness". She is impossible to deal with and it is because of this circus of a BOD , that Valerie Arms has taken a downward spiral.
Would you rather have highly educated lawyers, accountants, corporate business people, with integrity and morals running the board, or these hypocritical, angry, vengeful morons?
This is not a YMCA, nor a cemetary, nor an retirement home. Putting up bulletin boards and having cake parties or collecting money for a Superindentant (that by the way was more corrupt than Vision and just happened to be Jill Scahchter's illegitimate child's godfather), is not only an embarrassment to tenants as well as future buyers, it is certainly not what the BOD is elecvted to do. Jill Schachter may have the elderly votes and Peter Mesos' proxies, but (no disrespect), they are not the future of The Valerie Arms. WE ARE. WE SHOULD NOT STAND FOR ANY MORE REMARKS BEING MADE ABOUT THE CONCERNED SHAREHOLDERS OF THIS BLDG. THE JUNE MEETING SHOULD NOT BE ALLOWED (yet again) TO BE A PUBLIC LYNCHING. NOW IS THE TIME TO RALLY TOGETHER AND GET THESE CLOWNS VOTED OFF.
As far as Peter Mesos and Vision leaving us, it is the best possible news. He saw the writing on the wall. It was a matter of time before Vision was dismissed, so he saved face and resigned first, just as he did recently with another bldg, that was about to fire him. As he was fired from Anita Terrace et al. He refused to answer any valid questions about our finances, and knew his fraudulant behavior could no longer be covered up.
Speaking of financials, Alicia the Treasurer was to have posted these by March 30th. Where are they? Why hasn't the board responded to several attorney letter's asking to supply shareholder's with bills for the lawyers that cost us another assessment? If you run for the board, you are obligated to have an "open door policy" and be available by phone, doorbell or email to shareholder's. Mr. Ullman's door was always open. Questions were answered in a timely manner. He displayed true concern for our well being and finances and most importantly he was honest and kind.
This relationship between the Board President and Vision should have been disclosed before the elections.
DeleteThere have be many shareholders who have written in and requested ALL LEGAL BILLS and, FINANCIALS ON THE BUILDING, INCLUDING SHAREHOLDERS who have had their THEIR ATTORNEYS request this information WITH NO RESPONSE!!! JILL SCHACHTER PROMISED TRANSPARENCY. Jill Schachter prior to being on the board when campaigning thought no board should have the power to fine you. Now Shareholders get fined ! Not just fines but HUGE ones!! Why won't Jill and her board let anyone see any of the information she promised us? All SHAREHOLDERS SHOULD WRITE TO THE BOARD OF DIRECTORS AND DEMAND TO KNOW WHAT IS GOING ON WE WANT REAL INFORMATION AND NOT DISTRACTIONS AND SELF SERVING BS ABOUT JILL'S VENDETTAS!!!! We need a new board to go along with the new management company. Please stay involved.
ReplyDeleteWriting to the board will do no good. We have to demand answers at the next meeting. We cannot allow Jill to name people or demean them in any way. That is not the agenda. We all need to stand up and stop her from opening her vulgar mouth as soon as she does. As far as fines go, it is ridiculous. No one should be fined and a new President should dismiss them. Parking spots are owned by us as our apts are. We have the right to rent to whomever we want for any price we want. The only thing the BOD need to have is a list of who is in each spot. Jill is a control freak and this is not a dictatorship. If you don't agree with her, she makes it a point to bad mouth you to the entire bldg. She screamed at a shareholder in front of Jimmy the super "do not talk to me or any of my friends on the board" when this person simply said hello. Then there is Fran and Alicia aka Lucy and Ethel, the other two morons. if Jill gets re-elected, this bldg is going to have a huge number of apts. up for sale and everyone in the real estate industry will know Valerie Arms sucks!
ReplyDeleteThey have refused my multiple requests for the legal bills they claim were incurred as a result of responding to Ellen Vestrich's lawsuit. Interestingly, they admit in the board's minutes that the Valerie's insurance company's lawyer's answered the complaint. Based on that alone it is obvious that the 10 cents per share assessment is baseless. I made three requests for the bills to prove that the assessment had merit. All requests were ignored. I have REFUSED to pay this assessment and will continue to do so. I have also insisted that the Board provide proof that Mesos (our respected Sponsor) provide proof of his payment for this legal bill assessment. As with the other requests, they were ignored.
ReplyDeleteEveryone should contact Vision and the Board and demand proof of these claimed legal bills. Why should anyone believe that the Corporation incurred these legal bills when the Board's minutes indicate otherwise. Write certified letters. If they continue to refuse to provide proof of these bills then this Board should be forced out immediately. Their refusal to be transparent should be shown the disrespect it shows to its shareholders.
If the current Board has been interviewing Management Companies for five months, how long before that did Jill know Vision was going to cut and run like the cowards they are? Why didn't the board tell the Shareholders that Vision was leaving five months ago? To what extent has Vision mismanaged our Coop in those five months? These questions need to be answered!
ReplyDeleteThis Board and Vision work for US. Who are they to deceive and withhold this information from the shareholders.
Oh please....Jill had NO idea Vision was going. She doesn't want to look like the idiot she is, so she's making people think she knew this. Had she known this months ago, she would have let shareholder's know this when she let them know the "concerned shareholder's" created other troubles. I was afraid to not pay the second assessment, for fear of retaliation, so I pay it every month with a note attached that this is done against my wishes, should we have it removed and retro'd. Evweryone should put a note in their maintenance checks that this is being paid infairly!
DeleteI cannot believe the latest nonsense from Jill Schachter. "The Board's job is to protect the cooperative without emotion, drama or personal feelings". Are you kidding me? All Jill Scahchter has done or said or written has been deluged with emotion, drama and personal feelings. We have witnessed it with Mr. Ullman, Ms. Vestrich and now other concerned shareholder's which will be mentioned by name I'm quite sure. Re-read the Jill Schachter campaing election from last year that a shareholder so eloquently refreshed our memories with a while back. HYPOCRITE. Everything Jill Scahchter does is with her and her friend's best interests in mind, NOT YOURS. No one "ran away" as she had the nerve to write. Marc & Jennifer had no back up when Vision was questioned to be corrupt. Bob & Harvey could no longer stand to work with a nasty, unreasonable, selfish woman, who is the GENUINE reason to blame for this community being in turmoil. Please, think about voting off this BOD, it is the only chance we have to restore Valerie to it's grace.
ReplyDeleteThe letter today from the Board of Directors is a joke. The idea that they spent our money to send this letter justifying their prison camp rules but have not bothered to give us copies of the actual rules shows the contempt that the BOD has for us as owners.
DeleteIt is mind-boggling that the BOD pleads with shareholders not to consult their lawyers for assistance when we have new abuses heaped upon us every day. The BOD also wants you to forget that their lawyer sent the first threatening letter when he tried to intimidate Ms. Vestrich with threats of prosecution. The Complaint she filed against the Board of Directors had copies of this letter attached. Ms. Vestrich has made this document available to anyone who wants to see it. What has the BOD allowed any of us to see?
Sharing your information on this blog is important, but it is not enough. YOU MUST MAKE SURE THAT YOU TELL YOUR FRIENDS AND NEIGHBORS WHAT THE BOD US UP TO. Every shareholder deserves to know the truth.
The letter today was a joke. God only knows how much money the Board wasted having their lawyer write that diatribe. Everyone should challenge this Board and their frivolous waste of our money.
ReplyDeleteHow dare they also claim they do not waste our money when they want finance a shrine to Julio. Even $20 would be too much a waste for that.
ReplyDeleteMarc, we are proud of you and your 25 disrupting shareholders. Let's have a Party for the resignation of Peter Mesos. Peter Mesos should go to JAIL for what he has done. Everyone must read about the Blossom and the Connecticut - Co-op's that Peter Mesos once managed but now has resigned because Boards and shareholders were asking TOO MANY QUESTIONS.
ReplyDeleteWhat other Co-op's that Peter Mesos manages is he STEALING from?
Demand that list and lets WARN those boards and shareholders.
PETER MESOS DO NOT COME TO OUR MEETING - WE DO NOT WANT YOU THERE.
***** music playing "hit the road Jack...."*****
ReplyDelete******doncha come back no more no more no more no more******
ReplyDelete