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Wednesday, November 21, 2012

Ministers teaming up for storm-relief effort

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By Michael Horowitz

BRONX, NEW YORK, November 21- Rev. Robert Smith Jr., of the Church of the Savior said, this week, that he and Rev. Okleif Erundu, of the Co-op City Seventh Day Adventist Church, are teaming up to aid victims of Hurricane Sandy, some of whom live near the local community.
The ministers are spearheading a collection drive focusing on the collection of clothing and non-perishable food to be given to the storm's victims.

City Councilman James Vacca, who represents a district in the northeast Bronx that encompasses City Island, Locust Point, Throggs Neck, and Pelham Bay, has said that 60 percent of those living in his district were affected by the hurricane.

Vacca is among the elected officials who have been especially active in spearheading efforts aimed at aiding the storm victims.
“The images of the victims of Hurricane Sandy are the kind of thing that keeps me up at night,” Rev. Smith stressed, in a telephone interview this week.  “It is the kind of thing that I feel compelled to respond to. When I see human suffering, I feel compelled to do whatever I can to ease the suffering.”

To contact Rev. Smith, call him at the Church of the Savior at (718 320-0002, or on his cellphone, at (917) 734-4058.



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Bronx News (Bxnews.net): Poor finances seen costing Riverbay $3.2M per year...

Bronx News (Bxnews.net): Poor finances seen costing Riverbay $3.2M per year...: --> By Michael Horowitz BRONX, NEW YORK, November 21- Co-op City, under the terms of its projected mortgage through HUD and Wells Far...

Poor finances seen costing Riverbay $3.2M per year

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By Michael Horowitz

BRONX, NEW YORK, November 21- Co-op City, under the terms of its projected mortgage through HUD and Wells Fargo Bank, is being required to pay $2.8 million per year for mortgage insurance to satisfy the federal agency and $350,000 for insurance to satisfy the city and state agencies that are guaranteeing a portion of the loan.

This seems to mean that if Co-op City were a better fiscal risk, Riverbay could save $3.15 million per year, or the equivalent of 26 percent per year, on its projected mortgage refinancing.

The reality is that Co-op City, unlike most private homeowners, has failed to decrease its debt since its inception in 1968.

With the mortgage refinancing that is anticipated, Co-op City will have more than doubled its debt since the day it opened.

As a result, one could reasonably assume that moneylenders would be reluctant to loan the Riverbay Corporation a large sum of money.

In 1968, Co-op City was financed with a mortgage of an estimated $292 million, which was insured by the state's Housing Finance Agency (HFA).

In 2004, Co-op City and New York Community Bank (NYCB) agreed to $480 million in refinancing. Last year, NYCB agreed to refinance Co-op City to the tune of $555 million.

Now, a little more than a year later, Co-op City is poised to agree to a mortgage of $621.5 million.

Riverbay board member Daryl Johnson has stressed that Co-op City won't be able to survive as a community for people of limited means unless management officials are forced to abandon their wasteful spending.


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Bronx News (Bxnews.net): To Give Thanks

Bronx News (Bxnews.net): To Give Thanks: --> COMMUNITY BOARD NEWS N’ VIEWS By Father Richard F. Gorman Chairman Community Board #12 (The Bronx) BRONX, NEW YORK, November 21- I s...

To Give Thanks

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COMMUNITY BOARD
NEWS N’ VIEWS

By
Father Richard F. Gorman
Chairman
Community Board #12 (The Bronx)

BRONX, NEW YORK, November 21- I suspect that by the time you have the opportunity to see this column, you might well be feeling a bit tired, a touch full in the stomach, and, perhaps, a tad out of sorts.  

This is quite understandable, as you will be reading my words subsequent to our annual “GOBBLEFEST.” Of course, I am making light of our beloved national holiday, Thanksgiving Day.  However, I refer to it as “GOBBLEFEST” not only because of this holiday’s signature tradition of enjoying a turkey dinner, but likewise because Thanksgiving is all too frequently a busy and bustling day upon which one contends with “I,” “C,” “I”  --  i.e., “Irritation” with preparing for visiting relatives and guests, “Congestion” on the highways, and “Indigestion” after eating and drinking too much! Too many of us, “Yours Truly” included, “gobble” down a little more than we should in the course of commemorating this yearly event.

Nonetheless, in spite of the aforementioned, Thanksgiving is a day to take stock of life and to take the time to be grateful for whatever blessings with which we have been gifted. As we sit round and about our Thanksgiving dinner tables, we can plainly and immediately see right in front of our nose the most significant and precious of these graces and good fortunes  --  viz., family, friends, health, happiness, and the means with which to provide for ourselves. In these gifts, hopefully, we are prompted and prodded to celebrate those two fundamental realities that underlie and underwrite them  --  first of all, the God who gives us life and who redeems it and, secondly, a free country with its open, democratic society that affords us the opportunity to enjoy and to exercise our God-given human rights and dignity. For God and for nation, and for all those blessings that issue forth from them, we need to be humbly appreciative for who we are and for all that we have.

On this Thanksgiving week in the Year of Our Lord 2012, I write to give public thanks for, ironically enough, for that what was recently not given to us  --  i.e., the same magnitude of devastation that Hurricane Sandy inflicted on our less fortunate fellow New Yorkers in other parts of our City and our State.  True, there were many residents of our own neighborhood that were adversely impacted by the recent extreme weather.  Nonetheless, Bronx Community District #12 was spared the horror of what happened in areas such as Staten Island, Brooklyn, Queens, and Long Island, a grace for which I am deeply grateful. 

I am equally as thankful for the privilege of serving as the Chairman of Community Board #12 (The Bronx). It has been, and remains, an awesome honor that I neither take for granted nor fail to be grateful for each and every day of my tenure and my service as Chairman. Notice here that I utilize the expression “to give thanks” for, to my mind, there is a big distinction between merely “SAYING THANKS” and really and actually “GIVING THANKS.” The distinction between them is neither superficial nor simply stylistic or terminological. There is a bona fide dichotomy that is best defined and highlighted by the wisdom contained in the familiar, old adage “ACTIONS SPEAK LOUDER THAN WORDS.” I am further reminded of the insightful admonition that words are oftentimes cheap. The values that we truly cherish and that form the basis for how we think and live are best manifested by our actions, not by our words. More importantly than maintaining that I am a grateful person is the upholding and the daily observance of a way of life that exhibits thankfulness and gratitude. The undertaking of such a lifestyle, in my humble estimation, is the genuine test of Thanksgiving and all for which it stands. Thanksgiving is not just a day. Thanksgiving should be, and MUST be, a way of life! 

This avowal naturally should lead a thoughtful individual to inquire what a “Thanksgiving” way of living entails. For what it is worth, I believe it requires one to live in peaceful, respectful, and civil concord with others. Scripture instructs us that gratefulness to God is best demonstrated by esteem and regard without distinction for all of God’s children, icons of the Divine Image and Presence in whose Holy Image we have been created.  Appreciation for the blessings of our magnificent land is preeminently displayed in facilitating and protecting the exercise of those God-given and constitutional liberties that we claim for our loved ones and ourselves. A most excellent fashion in which to proclaim our appreciation of family, friends, home, and the ability to support them is to enable others to realize and to have the benefit of these blessings as well. Such is the challenge of a genuinely thankful person, not only on the Thursday that is called “Thanksgiving Day,” but on each and every day in each and every year.  May it be an endeavor that we all accept with relish and in which we succeed beyond all expectations.

On behalf of myself, my District Manager, Miss Carmen L. Rosa; our staff members, Mrs. Ursula D. Cruz-Greene, Ms. LaShieka Williams and Ms. Jakira Torres; our Associates, Mrs. Joyce Anthony and Mrs. Verna Smith; and all of my colleagues on Community Board #12 (The Bronx), I convey best wishes for this holiday and for the others soon to follow, along with the hope that our gracious and grateful way of living will redound to the benefit of our neighborhood, our Borough, our City, our, State, and our Nation, and, indeed, all the world.

Happy Thanksgiving!

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Maritime Drops Non-Conference Game

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BRONX, NEW YORK, November 21- The Maritime basketball team lost to local CUNYAC-rival The City College of New York, 65-36, at the Beavers’ Nat Holman Gymnasium. The Privateers fall to 0-3 on the season, while CCNY improves to 3-0.

Senior Ron Bethea (Harlem, N.Y./Humanities Prep.) recorded a team-high 10 points, while freshman Tim McNamara (Somerville, N.J./Somerville) added eight to go along with four rebounds. The Privateers struggled in the first half, turning the ball over 17 times, which led to 27 points for City College. CCNY had a 40-13 lead going into the locker room at halftime.

Maritime played much stronger in the second half, being outscored only 25-23, but the first-half deficit was too large to overcome.

Junior Brandon Reeves led all players with 18 points for the Beavers and matched the game-high with five rebounds. Two other players scored in double-digits for CCNY: freshman Zachary Heiss (15) and sophomore Anthony Lewis (11).

The Privateers will be back in action, when they will play host to arch-rival Kings Point.

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Tuesday, November 20, 2012

Bronx News (Bxnews.net): Feds say Seabrook should be jailed for 7 to 9 year...

Bronx News (Bxnews.net): Feds say Seabrook should be jailed for 7 to 9 year...: By Michael Horowitz BRONX, NEW YORK, November 20- Federal prosecutors have reportedly asked Federal District Court Judge Deborah Batts t...