Comments Widget

could force some

to choose between rent and food

By Michael Horowitz

Co-op City resident Barbara Rose, who receives DRIE subsidies from the city, is very worried. She expects to face the choice between paying a five-percent increase in carrying charges for 3 to 7 months, or not having enough money to buy food for herself. City agencies are expected to take that long to approve increased subsidies for Rose and hundreds of Co-op City shareholders like her.

With a 3- to 7-month lag period anticipated before increased subsidies for her kick in, Rose, who faces daily struggles with meeting expenses even with the five-percent increase in carrying charges that is looming, said that she anticipates that she will fall behind on her payments to the Riverbay Corporation after the rent hike takes effect.

“I really think that I will be put in the position of choosing between paying my carrying charges and having enough money for food and other necessities,” Rose said. “I can't afford to pay the increase in carrying charges, even for a relatively short period of time. I want to avoid being evicted from my apartment for nonpayment of my carrying charges, but I do have to have enough money to pay for food.”

Rose, who suffers from a number of phobias that make it impossible for her to hold a full-time job, stressed, “Like many of those in Co-op City who receive subsidies, I depend on this help to make ends meet financially. We cannot afford to pay an increase in carrying charges even if we will only have to pay it for a short period of time.”

Rose added, “As far as I'm concerned, Co-op City's management, for years, has been wasting a ton of money. Many of us can't afford to pay the exorbitant carrying-charge increases that the State Division of Housing has imposed for us in recent years. That's why some of us are receiving government subsidies to help us pay our carrying charges.”