Roundup Report
6:30PM – CLOSED SESSION
The Board met to discuss rule violations, pending litigation, Unit Owner account issues and personnel matters.
7:30PM – Owner Forum
The Board of Directors and management welcomed and addressed feedback and questions from Unit Owners.
CALL TO ORDER – Open Session
The meeting chair Board President Michael Parrie, called the meeting to order at 7:36pm.
Confirm Quorum
The meeting chair confirmed a quorum of Board Members is present.
Present from the Board of Directors was Michael Parrie, Sheridan Hodges, Sheldon Atovsky and Lloyd Allison. Absent from the Board was Monique Fouant.
Present from Management was Habitat Vice President of Condominium Management Tricia Conway, General Manager Tim Patricio and Assistant Managers Danny Bravman and Scott Turton.
Commission Reports
Social Commission Acting Chair Sheldon Atovsky reported that the Commission is hosting TGIF this Friday September 12 at 5:30pm in the lobby, and a movie night on October 18th. The next meeting will be held Monday October 6th at 7:30pm via ZOOM. Join the Social Commission e-mail group to be included on news and announcements for coming events, just send a request to: ptcasocial@rcn.com.
To review and download the Commission’s most recent report, Click Here.
ASCO Liaison Sheridan Hodges reported on an upcoming fundraiser for ASCO, and encouraged residents to call 311 and the Alderwoman’s Office to report tents in the park. They also spoke about the Private Sector Camera Initiative being coordinated through the OEMC and first responders.
Home Improvement Commission liaison Michael Parrie reported they will have their next meeting on Monday, September 15, at 6pm in the 2nd floor party room.
To review and download the Commission’s most recent report, Click Here.
Board Report
The Board thanked the Home Improvement Commission for its design work for the elevator cab interiors. Overall, the feedback from owners has been positive.
Action Items
After a motion by Michael Parrie, seconded by Sheridan Hodges the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve a Unit Owner’s request for an extension to rent their unit by 3 months.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve a write off to bad debt for a unit owner account that was reported as uncollectible by the Association’s attorney in the amount of $40,756.41, to be drawn against the balance sheet category ‘allowance for doubtful accounts’.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condo Association voted unanimously in favor of a resolution to approve a write off to bad debt for a unit owner account that was reported as uncollectible by the Association’s attorney in the amount of $74,924.53, to be drawn against the balance sheet category ‘allowance for doubtful accounts’.
After a motion by Michael Parrie, seconded by Sheridan Hodges, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to fine five Unit Owners $100 for not having proof of insurance, to double thereafter for each subsequent month, up to the maximum fine of $1,000 until adequate proof of insurance is provided.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to fine two Unit Owners $50 for not attending the new residents meeting, to double thereafter for each subsequent month, up to a maximum fine of $200 per month, until attendance to the meeting is satisfied.
After a motion by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to fine a Unit Owner $250 for a health and safety violation, with a warning the fine may double for future events.
After a motion by Michael Parrie, seconded by Sheridan Hodges, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to fine a Unit Owner $250 for smoke odors, with a warning the fine may double for future events.
After a motion by Michael Parrie, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to fine a Unit Owner $1000 for unlawful behavior and hereby revokes the privilege of access to the package room without an appointment and staff escort to be scheduled in advance with the Management Office.
After a motion by Michael Parrie, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to accept a Unit Owners request for an assistance animal, as recommend by the Association’s legal counsel.
After a motion by Sheldon Atovsky, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve the minutes from the Board Meeting held on Monday August 11, 2025.
To review and download the report, Click Here.
After a motion by Sheridan Hodges, seconded by Lloyd Allison, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve the 22.1 disclosure as drafted with the best available information through July 2025.
After a motion by Sheldon Atovsky, seconded by Lloyd Allsion, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve a letter of intent be written to Harvard Protection Services.
After a motion by Lloyd Allison, seconded by Sheridan Hodges, and discussion the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve the preparation of 10 additional parking spots in the garage for electric vehicle charging capabilities as proposed by Dunning Electrical Services, Inc., for a cost of $2858 per space (or $28,580) to be funded by the Reserve Fund.
After a motion by Lloyd Allison, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to ratifies the decision by management to conduct roof repairs, to address leaking, as proposed by Knickerbocker Roofing and Paving, Inc., for an expense of $8350 to be funded by the Reserve Fund.
After a motion by Michael Parrie, seconded by Sheridan Hodges, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve the remodeling plans for units 906, 2009, 3111, 3606 and 5111 as submitted by the unit owners, following the recommendations of the chief engineer as outlined in their written specifications and in accordance with the Rules and Regulations and remodeling guidelines of the Park Tower Condo Association.
Business Reports
Board Treasurer Lloyd Allison reviewed highlights from the most recent financial report for the period July 2025, as reported by the Habitat Company.
Fund Balances End of July 2025
Operating assets totaled $1,769,789 and the Reserve cash and investments were $5,317,866 for a total of cash and investments of $7,087,655.
July 2025 Revenue and Expenses
Total Operating Revenue: $653,858
Total Operating Expenses: $463,052
Income (Loss) From Garage: $27,791
Contribution To Reserve: $176,058
Total Surplus/(Deficit): ($69,913)
2. Management Report
Property Manager Tim Patricio will review current and recent business and activities of interest and the most recent unit sales.
ADJOURNMENT
There being no further business, after a motion by Sheridan Hodges, seconded by Sheldon Atovsky, the Board of Directors of the Park Tower Condominium Association voted unanimously in favor of a resolution to approve the September 8, 2025, Board Meeting at 7:56PM.
OWNER FORUM
The Board of Directors and Management will welcome and address feedback and questions from Unit Owners.
The next regular Board Meetings are expected for Monday September 22nd and October 13th at 7:30PM. All meetings are planned to be held in the 2nd Floor Party Room unless otherwise posted.
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