10/10/2025
Stop being lied to, bamboozled, hoodwinked and led astray. The majority of Dayton Beach Park's Shareholders are paying 20% more in maintenance this month because the co-op's finances are now in shambles. Despite The Change Board's claims of starting with millions of dollars of hidden debt, the Independently Audited Financials (that they distributed in September 2024) prior to last year's annual meeting, prove that not only did the prior Board reduce the deficit, but made critical cuts to the budget that spared Shareholders high maintenance increases for years until outside factors such as the rising costs of insurance and utilities came into play. Today, Dayton Beach Park's financial statements are so bad that when The Change Board sent them to NYC Department of Housing Preservation and Development requesting a maintenance increase on Shareholders, a near 10% was tacked on the request! WHY? The Change Board has spent the year spending hundreds of thousands of dollars in Dayton operating funds, in new hires and benefits, signing new contracts with brokers and vendors, like snow removal (when it didn't snow), opening the Pool but tripling membership fees so few residents could afford it or joined. Writing off nearly $1,000,000 as bad debt, and that's when they weren't (literally) fighting and the cops called. There are six week waits for basic maintenance service, no security, no supplies. We had months without landscaping, every blade of grass and flower died. And who can forget this past summer sitting in the dark, with no water and little notice, over and over again. Forget the Board and who is on it. This is bigger than this "selection. Remember your wallets. They're spending our dollars and making little sense. We can't afford this change.
