Concerned Owners Information

Not Association Communication

1) WHAT WE ARE PAYING NOW (QUARTERLY DUES)

2026 (current schedule):

• 1BR: $2,163.07
• 2BR: $2,963.87
• Studio: $1,776.48

2025 (baseline):

• 1BR: $1,993.68
• 2BR: $2,731.77
• Studio: $1,637.37

2) WHAT THE BOARD INITIALLY AIMED FOR (higher 2026 proposal circulated in October)

Owners were shown a higher 2026 trajectory than the current schedule. The only reason the final schedule is lower is because owners pushed back and our team members negotiated the numbers down with the Board President. Oversight works. Silence is expensive.

Owners should ask why the first proposal was materially higher, what assumptions drove it, and what changed on paper to bring it down.

3) A PRACTICAL REALITY CHECK

Board service is unpaid, time-consuming work, and it’s obvious the association needs serious “clean-up” and disciplined management controls right now. That raises a fair governance question every owner should consider:

If this is truly just volunteer service, why is the current Board fighting so aggressively to keep control instead of welcoming transparency, fresh oversight, and shared accountability?

4)THE SIMPLE QUESTION: WHERE DID THE MONEY GO?

If costs rise year after year in a 170-unit building with limited amenities, owners deserve document-backed explanations, not general assurances.

5) WHAT OWNERS SHOULD DEMAND (basic controls)

• Budget vs. Actuals (with variance explanations by line item)
• Vendor payment detail tied to scope/deliverables (who, when, how much, for what)
• Change orders (what changed, why, who approved)
• Transfers between Operating and Special Assessment accounts (amount/date/authorization)

If spending is legitimate, this is easy to produce. If it’s hard to produce, that’s the point.

6) ELECTION DAY

If you want cost discipline and clean reporting, please vote for the full slate:

Matthew Greimel | Tobey Salem | Oriana Gherman | Cynthia Clemens | Maggie Enriquez | Giancarlo (John) DeLuca

Disclosure: Owner-to-owner informational update based on association budgets/payment schedules and written records. Not legal advice.