Friday, April 08, 2005

A Note to Owners

We would like to share with you the latest developments concerning the management of our building.

The 2004 Annual Owners Meeting, scheduled for April 6, 2005, was only informal because there was no quorum. Turnout was relatively robust but not enough to surpass the 50% mark. At the meeting, Messrs. Silberfeld, Stein, and Roth submitted their resignations, and Mr. Rudd resigned as managing agent. Rudd Management, however, has a contractual obligation to remain on the job for a while longer. Their letters should be in the mail by now. No one knows anything about Mr. Weiss, also a member of the old Board.

The remaining members of the Board of Managers must reconvene the 2004 Annual Owners Meeting without delay. This is possible only if a majority of owners attend the next meeting either personally or by proxy.

We will pass along meeting details as they become available.

As usual, please do not hesitate to contact either one of us.

Sincerely,

The Board of Managers
Ron Giustino (24A), Altan Kolsal (9H), Diana Moore (31A)