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Tuesday, January 27, 2015

Highbridge News: Blizzard Overblown

Highbridge News: Blizzard Overblown: Blizzard Overblown ‘Historic’ Screwup Shuts City Down #Blizzard #Cuomo #MayordeBlasio Photo by David Greene By Dan Gesslein ...

Blizzard Overblown

Blizzard Overblown
‘Historic’ Screwup Shuts City Down
#Blizzard #Cuomo #MayordeBlasio
Photo by David Greene
By Dan Gesslein
BRONX, NEW YORK, JANUARY 27- You call that a Blizzard? Bronxites awoke to find the Storm of the Century was anything but as the city received half to three times less snow than was forecast.
Yesterday Mayor Bill deBlasio and Governor Andrew Cuomo urged residents to stay in their homes because of the massive historical snowfall heading for New York City. Planes were grounded. The subways were shut down and the highways and roads were banned of all traffic except for emergency vehicles. Drivers breaking the ban were threatened with tickets costing up to $300.
The true effect on local restaurants is unknown since the mayor grounded takeout deliveries. The ban on non-
(Fear the snow. Gov. Cuomo told residents to stay home because of the "historic" blizzard)
emergency vehicles was extended to bicycles and scooters leaving restaurants to only deliver takeout by foot.
Instead of the big dig, Bronxites woke up to a mere 
sprinkling of the most 12 inches of snow not the 24 to 36 inches that were forecast. Many residents breathed a sigh of relief and were happy that the cleanup would go quickly.
There were no major outages reported throughout the borough by Con Edison.
(Road conditions the day BEFORE the blizzard were far worse than the blizzard itself. -Photo by Dan Gesslein)
“As of 11:30 am Tuesday I am getting reports that asphalt can be seen on main thoroughfares and that the Sanitation Dept. is well on its way to addressing side streets,” said Councilman James Vacca. "The fact that this storm was not as bad as anticipated will certainly mean a quicker snow cleanup on the week ahead."
Travel was worse the day before the storm with limited plowing and salting on the Hutch and I-95 which snarled the rush hour traffic home. Those who raced back from work to get home before the supposed massive storm were instead forced to brave snow and ice covered roads of the traffic snarled I-95 and Hutchinson River Parkway. Riders jammed subways before being stuck in the city.
As for the hysteria caused by the build up to the snowstorm, the reaction among officials was simply “My Bad.” The massive press conferences at a sanitation garage declaring the state of emergency by deBlasio was replaced with a simple one sentence statement issued this morning by the mayor’s stating that the roads were reopened. 
Who is to blame for shutting down the city? Well one weather forecaster took to Twitter to voice his mistake.
“My deepest apologies to many key decision makers and so many members of the general public,” tweeted National Weather Service meteorologist Gary Szatkowski. “This is a big forecast miss.”
Many took the screw up in stride but were not sure how this could be such a miss.
“They do realize that we get snow storms in January right?” asked one frustrated commuter. “This is the Bronx. A few flakes is not the end of the world.”
"I do not criticize forecasters," Gov. Cuomo said at a news conference after the storm. The governor said he would rather be "safe than sorry."

Friday, January 23, 2015

Highbridge News: Restaurant Owners Busted for Tax Evasion

Highbridge News: Restaurant Owners Busted for Tax Evasion: Restaurant Owners Busted for Tax Evasion  #Taxes #NYPD #Restaurant BRONX, NEW YORK, JANUARY 23-  The New York State Department of Taxat...

Restaurant Owners Busted for Tax Evasion

Restaurant Owners Busted for Tax Evasion 
#Taxes #NYPD #Restaurant
BRONX, NEW YORK, JANUARY 23- The New York State Department of Taxation and Finance announced that the co-owners of three restaurants in the Bronx have been arrested for sales tax evasion.
The defendants were identified as Marlon J. Muentes, 58, of Allerton Ave., the Bronx, and Teodoro Mosaurieta, 67, of Woodhaven, NY, and their three equally co-owned Bronx-based restaurants, which have previously closed: King Steak Corp. at 500 East 149th St., 463 Willis Ave. Corp. at 463 Willis Ave., and 849 Castle Hill Corp., located at 849 Castle Hill Ave.
The defendants were charged on January 20 with multiple felonies, including grand larceny and criminal tax fraud.  They allegedly collected $100,000 in sales tax from customers at the three restaurants but failed to remit those funds to the State as required by law.
The next court date has not been set. The defendants, if convicted, could serve from 2 1/3 to 7 years in prison.
The case was investigated by the Tax Department's Criminal Investigations Division and will be prosecuted by the Bronx County District Attorney's office.
A criminal complaint is an accusation and the defendant is presumed innocent until proven guilty.
Each year, New York State businesses collect more than $25 billion in sales tax from their customers. The vast majority of the funds (97%) are remitted voluntarily by businesses to the Tax Department for state programs and distribution to local governments.

Taxpayers who believe a business hasn't collected the proper sales tax, or has collected it but failed to remit the funds, can report tax evasion and fraudonline at the Tax Department's Web site or by calling 518-457-0578. The information is kept confidential.

Thursday, January 22, 2015

Highbridge News: Workers Paradise Screwed Over Workers?

Highbridge News: Workers Paradise Screwed Over Workers?: Workers Paradise Screwed Over Workers? Fiscal Crisis Could Lead to Layoffs, Residents Getting Slapped with New Fees Community N...

Workers Paradise Screwed Over Workers?

Workers Paradise Screwed Over Workers?
Fiscal Crisis Could Lead to Layoffs, Residents Getting Slapped with New Fees
Community Needs to Pay $6.25M Worker Settlement
#CoopCity #Riverbay #Lawsuit #Legionnaires
By Michael Horowitz
BRONX, NEW YORK, JANUARY 22- Riverbay president Cleve Taylor, blaming Herbert Freedman and Marion Scott Real Estate, Inc., for Co-op City’s latest crisis, said the community’s board of directors is considering the possibility of imposing a onetime assessment of $128 per room to pay the $6.25-million settlement of the labor case that management’s workers brought against Riverbay in April 2013 and other immediate expenses that must be met over the next five months.
The immediate expenses that must be paid amount to $9 million, Taylor noted. These expenses, the Riverbay president include, in addition to the labor-case settlement, $500,000 for legal expenses in conjunction with the labor case, $1 million to $2 million in costs relating to Co-op City’s recent cases of Legionnaires’ Disease, $300,000 for a litigation and contingency reserve fund, and $1 million for a general reserve fund.
The Riverbay president said that Wells Fargo Bank, which holds Co-op City’s current $621.5-million mortgage, has told Riverbay Corporation representatives that Co-op City can not touch a $45-million reserve fund, set up to pay for specifically designated capital improvements, to pay the expenses that Riverbay now confronts.
Taylor, in a telephone interview, said, “We, as shareholders, are being forced to pay for the mistakes of Marion Scott. It pains me that the community’s shareholders, many of whom are already having trouble paying their monthly carrying charges, are now being forced to pay for 15 years of mismanagement by Herbert Freedman and Marion Scott.”
In addition to the $128-per-room assessment that is being weighed, Taylor noted that the members of the board are also considering an increase in carrying charges of 3 to 4 percent “to rectify the mess that Marion Scott has left for us.”
Taylor noted that the opinions of shareholders on how to proceed in conjunction with the crisis that Co-op City now confronts will be sought at town-hall meetings that will be held in the community in February.
The options, the Riverbay president noted, include suing the Scott firm in conjunction with the $6.25-million settlement of the labor case and suing Scott Trivella, Co-op City’s long-time labor attorney, for malpractice in connection with his advice that it was okay for the Riverbay Corporation to give workers compensating time in lieu of overtime pay.
Informed sources, who wished to remain unidentified, indicated, this week, that both of these possible lawsuits would be difficult to pursue successfully.
Another option for the Riverbay Corporation would be to significantly reduce Co-op City’s corporate expenses --- an option that Taylor thinks would bear little fruit, but Riverbay vice president Daryl Johnson believes could save Co-op City $20 million per year.
Taylor, for his part, stressed, “Even without the need for $9 million within the next five months, it is clear that the Riverbay Corporation cannot continue to operate the way it has been operating. It is unconscionable that Herbert Freedman and Marion Scott depleted our reserve funds to the point that we need to consider drastic measures to meet our immediate expenses and to get by in the years to come. At this point, we have almost no cash on hand to meet contingencies, like the ones we are now facing with reserve funds that are now virtually nonexistent.”
Riverbay president Cleve Taylor said, this week, that a layoff of some of Co-op City’s 1,100 workers has to be considered as one of the options in the desperate fiscal crisis that the community now confronts.
“All options have to be on the table at this point,” Taylor stressed, in a telephone interview on Monday. “The long and the short of it is that we have to increase expenses and/or reduce costs to come up with the $9 million we are going to need over the next five months.”
The Riverbay president noted that within the context of the current crisis, reducing the hours that Co-op City’s employees work and a temporary or permanent layoff of some of Riverbay’s employees have to be considered.
Civic activist Frank Belcher, reflecting on the possibility of laying off Co-op City workers, noted, “I am convinced that we could lay off 10 percent of our workforce without affecting the delivery of services to the shareholders. It has been obvious to me, for years, that we could easily cut the workforce if the Riverbay Corporation changed its culture of corporate waste. We can do more with less if the housing company finally insists on an honest day’s work for an honest day’s pay.”
Belcher added, “Before the board starts considering imposing a $128-per-room assessment, the members of the board need to sharpen their pencils and reduce costs. It’s clear to me, and it should be clear to the members of the board, that laying off workers is a much better option than imposing an onerous assessment that many of the shareholders can’t afford to pay.”
Riverbay vice president Daryl Johnson, saying that it was premature to reflect on a possible layoff of Co-op City’s workers at this time, has repeatedly stated that the estimated $700,000 in overtime pay that Riverbay employees take home on an annual basis could be eliminated or be severely cut without significantly affecting the level of services in the local community.
A possible layoff of workers would be difficult for many shareholders in the community to swallow because of their backgrounds with unions and their support for working people.
However, in the final analysis, laying off workers may be the only reasonable option for shareholders trying to avoid an assessment of $128 per room, which would have to be paid over a five-month period.

Wednesday, January 21, 2015

Highbridge News: DeBlasio Promotes Traffic Changes Here

Highbridge News: DeBlasio Promotes Traffic Changes Here: DeBlasio Promotes Traffic Changes Here #DeBlasio #VisionZero 100 PERCENT By Robert Press BRONX, NEW YORK, JANUARY 21- Last ...