If your questions are not answered below feel free to contact us HERE.
A residential cooperative is a corporation governed by applicable state laws. Apartment owners are shareholders in the corporation. A seven member Board of Directors is elected annually to set policy and run the cooperative. The Board supervises the operation of the corporation and bears fiduciary responsibility for the prudent management of the corporation as well as the hiring of the managing agent. The Board of Directors are as follows:
Cheryl Fruchter – President
David Strauzer – Vice President
Marc Cahn – Secretary
Ira Freiman – Treasurer
Daniel Benedict – Director
Anastacia Boico – Director
The Managing Agent is responsible for the day-to-day operation of the cooperative, supervision of building staff, payment of bills, and financial record keeping.
The Maintenance Department is responsible for the upkeep of the building and all common areas. The Maintenance Director supervises all work conducted on the property and is responsible for overseeing outside contractors. The maintenance staff is also available to perform selected maintenance repairs for shareholders for a preset rate (rates do not include materials and parts).
Yes, the cooperative contracts a security force for the property. The primary function is to patrol the entire property (including the pool facility) to discourage unwarranted activities. The co-op also uses video surveillance in its building entrance ways, underground garages and selected outdoor sites.
Your maintenance bill is due on the first day of each month. You are responsible for paying your maintenance even if you have not received your bill. We are not responsible for any delayed or lost mail. A charge of $50.00 is levied against any shareholder who’s payment is not posted by the 10th of the month. If you do not receive your bill you may contact the Management Office to obtain your amount due.
All payments should be sent to:
Akam Associates Inc.
P. O. Box 355
Emerson, NJ 07036
Please make sure your account number is on your form of payment.
Online Payments and Automatic withdrawals
You can make a one-time payment or register for automatic payments by creating an account with Clickpay using the link below:
Please note: you will need your Account number and Web Reg Pin number to create your account. This information can be found on your Maintenance bill.