DHCR: End co-op tyranny

To the editor:

I’m appalled that the Division of Housing and Community Renewal believes that co-op boards have good intentions! This is from the world of Walt Disney in the la-la land mentality department. 

If anything should happen that results in some co-op board members being shackled and arrested for their many criminal activities, they’ll have to eat their words! 

These DHCR people are dangerously naïve and they are giving power and credibility to the annihilators of justice against co-op shareholders. 

A lot of money laundering goes on in our co-op and no bank will finance any prospective co-op buyer in our co-op building who needs bank financing. Why doesn’t the DHRC go to our co-op building and exterminate all of the evils that go on there?

A wake-up call of seismic proportions would wipe out their delusional fairy tale thinking for sure. It’s unfortunate that the F.B.I. doesn’t have a department for co-op criminal activity because they would also find a countless diversity of unlawful offenses. Good intentions indeed do financially kill the co-operators and everyone there with the deliberate intention of stealing their co-ops!

Besides maintenance fees going up in co-ops with assessments and other fees, there’s an egregious imbalance of power and co-op shareholders are puny objects of a ruling tyranny under which their rights are overlooked. 

Many suffer in silence and terror of co-op ruling oppression and the many forms of punishment they’re subjected to. Their voices are drowned out by a ruling elite that devour the co-op shareholders, who have zero rights. The laws need overhauling and a drastic shift favoring the inalienable rights of co-op shareholders, with no voice in the court system. Our elected officials refuse to address these urgent issues. The co-op crisis is looming and, in fact, is already here. The laws must be rewritten to protect those without legal rights and the Attorney General’s Office must also participate in this.

 Naomi Semeniuk