June 2010

This issue of The Voice of The Vermeer is also available in PDF format
by clicking on the June2010 link in the lower left hand column of this page
under Current and Previous Newsletters.

SUMMER ROOF PARTY
Tuesday, June 22nd
6:30 to 9:00
Rain date June 23rd
The Vermeer Board of Directors invites all residents to celebrate the summer solstice, meet new and long-time neighbors, and enjoy the view and a light picnic supper.

JULY 4th

The Macy’s Independence Day fireworks this year will
again be on the Hudson providing a great show from
the Vermeer roof. At approximately 9:20PM on July
4th, the 26-minute display will be set off from six
barges positioned between 24th and 50th Streets on
the Hudson River.

All residents are reminded that there is a limit on July
4th of 2 guests per apartment on the roof. Extra
staff will be on duty to enforce this rule.

ANIMAL SHELTER DRIVE A HUGE SUCCESS

The Fifth Annual Animal Shelter Drive resulted in several car loads of supplies, including animal food and toys, for the city shelter on 110th
Street. The committee also forwarded cash donations totaling $1,303.00 to care for animals waiting adoption. Extra food and supplies were donated by Pamper UR Pets on West 16th Street and The Pet Parade on West 10th Street.

The Vermeer Companion Animal Committee thanks
the many shareholders who worked on and contributed
to this annual labor of love for the animals.

MAIL BOXES MOVE

Attentive readers of lobby notices will know that the
blue USPC mail boxes once in front of the building on
the northeast corner of 7th Ave and 14th Street have
been moved to the west side of street. The move is
designed to make pick up by postal trucks more
efficient. The two boxes on the southwest corner and
the box on the northwest corner have scheduled pick
ups weekdays at 7 AM and 4 PM and at 11 AM on
Saturday. A box on the southwest corner of 7th Ave.
and 15th St. will have pickups weekdays at 4 PM and
11 AM on Saturday.

The mail slot in the lobby beyond the elevators still
works and will be picked up by the letter carriers after
they distribute our mail.

BIKE ROOM ENLARGED

Twenty-two spaces have been freed up in the bike room through a process of re-registration and the addition of a new rack. This will result in a significant reduction in our waiting list for spaces. Anyone who wants a space or has one they no longer need should contact Matt Abisch at Orsid (212-484-3760 mabisch@orsidr.com.)

COMPUTER PACKAGE TRACKING

The installation of a new computer system to track packages delivered to the building was delayed because a new, less expensive firm was identified. The installation should go ahead in the next few months,
once a contract has been signed.

TREE PIT FLOWERS

Someone has been stealing begonias from the tree pi ts in fro nt of th e building. As a trial , some netting is being installed to try to better protect flowers. Aanyone who sees flowers being stolen should let the doorman know immediately.

COMMITTEES SEEK VOLUNTEERS

The Vermeer Board hopes shareholders will become more involved with the building. Anyone who wants to join a committee should leave a message at the front desk for the relevant committee chair. Board
members are happy to answer questions about their committees.

MAY ANNUAL MEETING REVIEWS THE STATE OF THE VERMEER

Share holders who attended the May 10th annual meeting heard that the Vermeer is in good financial shape, as noted in the Audit Financial Statement, and good physical shape, as reported by the Vermeer's
architect.

The location, large rooms , healthy reserve fund and low maintenance continue to make our apartments desirable properties. In recent months, realtors say realistically priced apartments have sold quickly.

In the past year, the board has approved 25 refinance, 18 purchase and 10 sublet applications. Most of the apartments sold in the past year were alcove studios with sale prices ranging from $420 to $520 thousand. In addition, two one-bedrooms without dining alcoves sold for $615,000 and $649,000; three one-bedrooms with dining alcoves sold for between $632 and $680 thousand; and two two-bedrooms sold for $909,000 and $999,500.

With the new commercial leases, the board believes we
are close to having sufficient funds to tackle the window
project as well as provide a cushion for unanticipated expenses.

NEW WINDOWS

The Vermeer’s architect, Nick Melone, reported to the meeting on the recent inspection of the building’s three thousand windows.

The windows, which were last replaced in 1980 and 1981, are nearing the end of their useful life. One in five were found to be leaking significantly. Many have broken window gaskets, seals, balances or hardware. In addition, these windows are no longer energy
efficient.

The board has begun meeting with contractors in order to review the various options. Once the board receives estimates , it will hold follow-up meetings with interested shareholders on window types and cost
estimates. It was explained that while there are no plans to begin work in 2010, the board might plan to begin in 2011 or 2012, depending upon the bids received and where we are with our reserve fund at
that time.

Anyone with immediate window problems should file a
work order at the front desk.

COMMUNITY EFFORTS FAIL TO BLOCK NEWSSTAND

Depsite the opposition of elected officials, thecommunity board, and many in the neighborhood, a newsstand is near completion on the NE corner of 7th Avenue and 15th. The newsstand is being built by Cemusa,a street furniture company, that has a 20 year contract which it says will bring the city $1.4 billion. The newsstand will be run by an individual licensee.

VERMEER BOARD

President Jean Lerman
Vice President Alan Vengersky
Secretary Margot Algase Sklar
Treasurer Kailah Matyas
Board Members Andrew Blatt, Nina Leto Mayleas,
Michael Moro, Fran Nesi, Edie Smith

COMMITTEE CHAIRS AND CO-CHAIRS
Building Operations - Fran Nesi
Green Sub-Committee – Fran Nesi, Jean Lerman, Edie Smith, Margot Sklar, Andrew Blatt
Web Sub-Committee – Fran Nesi, Jean Lerman, Kailah Matyas, Nina Mayleas
Companion Animal Committee - Fran Nesi & Kailah Matyas
Commercial Operations - Jean Lerman, Alan Vengersky, Kailah Matyas, Andrew Blatt
Community Relations - Kailah Matyas ,Nina Mayleas, Fran Nesi, Margot Sklar, Edie Smith
Events--Michael Moro
Family Committee--Kailah Matyas
Finance Committee--Jean Lerman, Kailah Matyas, Fran Nesi, Alan Vengersky
Housing Applications & Interviews - Alan Vengersky & Kailah Matyas
Newsletter - Edie Smith
Roof/Landscape/Lobby Projects - Michael Moro
Senior Committee-- Nina Mayleas
Window Project – Andrew Blatt

ORSID MANAGEMENT
Account Executive
Matthew Abisch
212-484-3760
mabisch@orsidr.com

Executive Vice President
Laura Krasner
212-484-3747
lkrasner@orsidr.com

Administrative Asst
Maria Doti
212-484-3762
mdoti@orsidr.com

Transfers/Re-financing
Donika Dodaj
212-484-3757
donikad@orsidr.com

Alterations Administrator
Donika Dodaj
212-484-3757
donikad@orsidr.com

Accts. Receivable
Phyllis Kelminson
212-484-3745
Phyllisk@orsidr.com

Superintendent/Resident Manager
Larry Kirby
212-929-0646 (Front Desk)

NEW SHAREHOLDERS
2N-Priya Pappu
3D Johanna Greenbaum
15A Chris Marianaetti

www.theVermeer.com