Board members in attendance: Miriam Biren, Victor Bellini, Robert Boynton, Joseph Cann, Marjorie Cannon, Stacey Cohen, Nora Colford, Al Lamoglia, and Richard Re. There was no one in attendance from TKR Property Services.

1) Minutes: Minutes of the October 16, 2007 meeting were approved.

2) New management: In review of a special board meeting on October 24, 2007, the Board approved Wentworth Property Management on 10/24/07 as the building’s new management company. This followed the board’s decision in September 2007 to replace TKR with new management and interviews with three new candidates on 09/27/07, 10/03/07, and 10/17/07. Once the new contract was reviewed by the building’s attorney and signed, TKR was notified by Certified Mail of the board’s decision on November 1, 2007; thereby providing 60 days notice as required by the contract in case of termination.

3) TKR’s remaining management responsibilities: The board discussed TKR’s responsibilities through 12/31/07. Since TKR remains the building’s sole management through 12/31/07, concern was expressed for TKR’s unexcused absence from the current meeting. And as no one attended from TKR, there were neither management/financial reports nor project updates available for board consideration.

4) Completion of renovation work in super’s apartment: There was discussion of the renovation work in progress in the super’s apartment. The new kitchen cabinets delivered on 10/30/07 and new dishwasher was picked up on 11/16/07. Once the super has installed the dishwasher and cabinet installation is completed, the new counter top will be ordered and templated by Home Depot. Once the template is completed, delivery of the countertop will be approximately two more weeks.

Concern was expressed for the possible final cost of the renovation work, but since TKR was not present, the total cost of renovation work was not available at meeting. Work has included bathtub resurfacing, painting entire apartment, floor refinishing, wall tear-down, kitchen cabinets, ceramic tile floor in kitchen, AC unit replacements, part-time workers assisting the super with the work, and electrical circuit repairs by professional electrician. It was apparent that the previous super had made a number of changes in the apartment’s electrical circuits.

5) December holiday party: The board approved a budget of $600 for the December Holiday Party. The event will take place on December 13, 2007 at 7:30 p.m.

6) Christmas bonuses: The board approved bonuses for super, weekend super, and Sanitation collection workers. It was noted that with respect to the building super, the board’s bonus is specifically for his service to management and should not be thought by residents to replace whatever tips they choose to give him for the year as well.

7) Local Law 11 inspection progress: Since TKR management seems to be missing-in-action, Rich Re will call Tim Sullivan at Becht Engineering for a Local Law 11 inspection update.

The meeting adjourned at approximately 8:00 p.m.

Minutes submitted by Robert Boynton, Secretary