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Bulletin Board

Update from the President April 2008

Spring is finally here and I would like to take a moment to update you on the things the Board of Directors and Employees of Linwood Park have been working on and what we have planned for the future.

What we have completed
1. The following building interiors have been painted and first floor moldings installed.
501 Linwood Drive, 400, 410 & 420 Fairview Ave. 401, 411 & 421 Park Pl.

2. Cleaned and prepared planting beds.

3. Installed 26 new front loading washing machines between April '07 and March '08. Machines are replaced when they are no longer repairable or worth repairing so that we do not waste your money.

4. Installed complete new computer system in our office.

5. Built 62 parking spaces between November '04 and March '07. Gained approximately 50 spaces from restriping and enforcement of the yellow sticker requirement. We have solved the very difficult parking situation that plagued Linwood Park for years!

What we are currently working on
1. The contractor is continuing to work on the garages, replacing fascia boards, flashing, leaders and screened gutters. They are being painted and new garage numbers are being installed.

2. Painting is now being done at 3050 Edwin Ave. and will continue until all buildings are done.

What we are working on for the future
1. Adding more basement storage spaces for rent for shareholders

2. Having garage drains going directly to the sewer system to avoid flooding and icing in the winter.

3. Replace sidewalks.

4. Additional improvements to the interiors.

Apartment Sales
There were 7 apartments sold & closed between February and April .The median sales price for the A line was $110,000 the B line $133,000 the Studios D, H & J line $76,000 the E line $112,500. No closings for the C, F or G lines.

Keep in mind not many apartments are for sale in Linwood Park at this time: this is Good News.

We can't say that for many other complexes in Fort Lee.

At our last board meeting, our accountants stated Linwood Park is in the best financial condition in it's history.

We invite all shareholders to come to our Candidates Night on Wednesday, April 23, at 7:30 P.M. 3091 Edwin Ave. side entrance. At this meeting you get a chance to meet the people who are running for the Board of Directors. Election night will be held on Tuesday, May 13, 2008 at 7:30 P.M. We ask that you please send in your proxy so we can complete our election and the Board can get back to work at making Linwood Park safe and beautiful for generations to come.

Noel Albert

Board President

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Palisadium Membership Information

NOTE: The Board is pleased to advise all the residents that they have again negotiated a discount with the Palisadium Health Spa, 700 Palisadium Drive, Cliffside Park, as follows:

A 15 month membership is $625 per person (regular price $825)
Senior citizen membership $575

The membership includes the gym, pool, Pilates, track and use of the full spa. To receive this discount, you will need to bring I.D. and ask for Jane Goldberg. Please feel free to call the gym at 201-224-6050. Please call before December 31, 2006.

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National Sex Offender Registry

There is a web site available to view a National Sex Offender Registry, which maps registered sex offenders who live in the area.

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