Garage Communications Timeline

A contributor provided the timeline below summarizing official communications that the Board and Management sent to shareholders regarding the conversion of the parking garage.  We have included relevant excerpts from some communications and links to the full versions of others.

December 8 – Report from the Boardroom Issued by Aaron Lee Fineman, Secretary:

The Board voted to hire a parking consultant to explore the feasibility of expanding all parking options throughout the coop. No decisions regarding any changes to the garage or its operation have been made yet. As part of the evaluation of utilization options, the Board voted to approve the issuance of an RFP for potential garage operators.

January 28 – Board Memo Regarding Parking (announcing the change, expected to take effect on March 1)

February 1 – Management Memo Regarding Garage Management Shareholder Meeting

Please join us for a shareholder meeting on Wednesday, February 24, 2016 at 7:00pm at the Educational Alliance, located at 197 East Broadway, 6th floor.

This shareholder meeting will be to discuss the garage management service, as well as take time for Q&A.

Hope to see you there.

February 10 – Board Memo Regarding Garage FAQ’s

February 22 – Management Memo Regarding Garage Informational Meeting Reminder

Please join us for a shareholder meeting this Wednesday, February 24, 2016 at 7:00pm at the Educational Alliance, located at 197 East Broadway, 6th floor.

This shareholder meeting will be to discuss the garage management service. The Board of Directors, Management and representatives from Icon will be there to answer any questions you may have.

If you can’t attend in person, but would like to join via webinar, please register at [link omitted].

We encourage all shareholders to attend.

February 23 – Board Memo Regarding Seward Park State of the Coop 2016

February 23 – Shareholder Memo from Management Regarding Garage Conversion Summary

February 24 – Management Memo Regarding Garage Informational Meeting Reminder (same text as February 22)

February 24 – Informational Meeting was held at the Manny Cantor Center and Online

March 3 – Management Memo Regarding Garage Conversion to Valet Parking

Dear Shareholder:

As you know, the SPHC Board of Directors voted to convert the parking garage to a valet operation that will be run by Icon Parking. The contract was finalized and approved by the Board yesterday and signed.

We want to ensure that all shareholders have the information necessary to make this a smooth transition and ask for your cooperation with management and the operator to hand in your keys and any necessary paperwork in a timely fashion.

Starting immediately, Icon representatives will be in the garage 24/7 to assist with the transition and register parkers and will start renovation work such as painting, signage, installation of cameras and the necessary technology for shareholder use.

Starting tomorrow, March 4, at 6 a.m., park-and-lock status will be discontinued. Shareholders will have access and egress through the pedestrian ramps on Clinton and East Broadway to retrieve their cars. All interior doors and gates into parking areas will have the locks changed and can be used for emergency egress only.

Current parking customers can retrieve their cars in their assigned spots and then hand over keys to valet upon return and fill out any necessary paperwork.

SPHC management will continue to manage the waitlists; they will also continue to send future notification of parking availability and confirm license, registration, and vehicle ownership/lease agreement. Those of you on the wait list for outdoor to indoor parking or the main parking wait list will be notified within the next couple of days.

Monthly parking fees will remain at the established rates: $178.00 for outdoor or $215.00 for indoor.

I ask that you please work with management and the operator to move forward and make this transition successful to the benefit of all shareholders.

I expect that more information from the Board of Directors regarding the specifics of the contract and positive financial impact will be sent to all shareholders as soon as possible.

If you have questions about this process, please contact the management office at [phone number and e-mail address omitted].

Thank you so much for your cooperation.