See It for Yourself

A Fordham Hill shareholder who also owned in Mario's previous co-op turnaround independently confirms what happened: the buildings improved, the corrupt board president was removed, and she sold her apartment for significantly more than she ever could have before. She has no affiliation with Mario, just a shared experience.

What a proxy is, why co-ops use them, and what happens when you sign one. Clears up the most common misconceptions: it does not transfer ownership, it does not lock you in, and it ensures your vote counts even if you can't attend the Special Meeting in person.

The $4 million electrical lawsuit, the garage bankruptcy, and the Board's claim that they don't need shareholder approval for a land deal that our bylaws clearly require a two-thirds vote on. These are decisions that affect every shareholder's investment for decades.

$54 million in debt. Reserves down 85% to just $157,000. Maintenance up 54% in a decade, with another $2,200 per apartment projected. Buildings without gas for months. Scaffolding up for years. Seniors being priced out of their own homes. The numbers tell the story.

Under our bylaws, 15% of shareholders, about 168 signatures, is all it takes to force a Special Meeting. At that meeting, shareholders vote on replacing the Board. If we walk in with 51% in proxies, it's a done deal. Here's exactly how the process works and what happens next.

Before launching the campaign, Mario met with board members, sent detailed emails, and filed a formal records request. All of these actions were ignored or stonewalled. The Board had every chance to do the right thing. They chose not to. This is why the campaign exists.

Full forensic financial audit. Freeze maintenance hikes. Fix the gas, electrical, parking, and scaffolding. Review staffing costs (payroll up 57% in a decade). Evaluate unlocking assets like the rental building before asking shareholders for more money. The concrete plan to turn things around.

Mario explains his background: Bronx native, tax and accounting entrepreneur, former co-op board president who recovered millions and doubled apartment values. He also explains why he chose to buy at Fordham Hill despite the problems. He saw the same opportunity he saw before: a great community being held back by bad governance.