Author: Skytrack

Board Members Present:  Peter Levy, President; Katharine Flanders Mukherji, V.P.; Matthew Pilkington, Treasurer; Andrew Kurland, Secretary; Lori Littlejohn; Terra Chalberg; Malik Ashiru; Michael Tedesco; Cameron Martin

Also in Attendance:  Valdet Boleviq, Superintendent; Kathleen Malara, EM Holdings; Mark Levitch, independent CPA

• Due to the COVID pandemic, the meeting took place via Zoom video/tele conference. 
• The meeting commenced at 8:05 PM, once a quorum of Unit owners was achieved.  We had record attendance this year, with 78.05% of the ownership present by videoconference or proxy.
• Notice of Meeting was presented, and reading of the minutes of last year’s annual meeting was waived by majority vote.

Reports of Board/Officers/Management

Mark Levitch, independent CPA

• Mark Levitch presented the 2019 financial statement, which was distributed electronically and is available on the Condo’s website.  The Condo’s cash position increased in 2019, primarily due to the increase in common charges that took place last year.  This has placed the Condo in a strong financial position and prepared well to tackle necessary maintenance projects, as well as capital improvements.
• Certain funds have been placed in a capital reserve account to reduce tax liability.
• There were no questions raised concerning the 2019 financials or Mark Levitch’s report.
• The budget for 2020 will be posted on the website and circulated with the meeting minutes.

Kathleen Malara, EM Holdings

• Building in good repair in general.  Major projects included extensive structural work on a unit’s terrace, the initial phase of the roof replacement at 120 Boerum, and various repairs to the heating system.
• There were no questions for EM Holdings.
• Val was also present to answer questions, and inform residents that he continues to oversee extra regular cleaning and sanitizing of high traffic areas in light of the Covid pandemic.

Peter Levy, President of Board

• We once again successfully petitioned to have our real estate taxes lowered.
• On behalf of all residents, the Board thanks Val Boleviq and Matthew Pilkington for their landscaping work.

Board Election

• Three Board terms expired this year.  Two Board members – Peter Levy and Terra Chalberg – chose to run again.  Board member Lori Littlejohn chose not to.
• No one volunteered to run for the Board before the meeting.  At the meeting, only one person volunteered – Hannah Berkin-Harper.
• The Board encouraged owners in 15 Bergen and 134 Boerum to run, so that they can have comfort that their interests and concerns are met.  However, no owners from those buildings expressed any desire to run, except for Terra Chalberg.
• Though the election was uncontested, we conducted a vote per our Bylaws.  The vote was held by electronic ballot on Zoom, and phone attendees’ votes were recorded after the meeting.  The results were tabulated, and Peter Levy, Terra Chalberg, and Hannah Berkin-Harper were elected to 3-year terms.

New Business

• A resident expressed concern about the planned renovations to the space that formerly housed the hot tub so that the space could be used as a meeting space for Board meetings, since it is often difficult to find a location for the meetings to occur.  The resident believed that resources should be spent on improvements to the lobby of 134 Boerum.
• This led to a productive discussion amongst the Board and meeting attendees about transparency and priorities for building work.  The Board committed to increasing transparency into why decisions are made.
• The Board also made clear that all owner and resident concerns are taken seriously, and to the extent anyone desires to express any opinion, concern, or request, the best way to do so is via the Skytrack website, or by contacting our management company EM Holding Corp.

• With no other questions or comments raised, the meeting was adjourned at approximately 9:10 PM.