Plan, plan and plan some more

QUESTION: Is Stonewall Central a better name for the property?
UPDATE (click): 2012 Audited Financial Statements
UPDATE (click): 2013 Annual Meeting packet
UPDATE (click): 2013 Special Meeting packet

AUDITED FINANCIAL STATEMENTS ANALYSIS 2009-2012 (click): A CPA analysis of SOHO Central Condominium Corporation's Audited Financial Statements

The Fantasy Vision

Does everyone remember this among the wonderful ads and brochures and how about the salespeople and what they told us. I hear such fantasies continue. So after watching and remembering, cry and then laugh at the truth that is being exposed.









And, if the above is not enough and you need elevated blood pressure, here is the project's brochure.

Many posts are still issues and need to be read once again. At this main hub of postings watch for new posts and updates. Please get involved by spreading the word as to the issues here. We must document all that is taking place. Many documents need retrieval and assistance is needed in getting them scanned and posted.

Saturday, December 28, 2013

65 ↓ 41 ↓ 26.5

65 ↓ 41 ↓ 26.5


No this is not a temperature drop.  If anything, it has been one of several issues to cause temperatures to rise as will our rates if this is not fixed by the Board.  The only effect will be a contributing factor to values dropping due to a fair deal being violated.

65 pesos per square meter is what the residential areas pay as I had written about in the past.  The commercial floors were paying this then their rate was dropped to 41 pesos per square meter by the Board and then another drop to 26.5 pesos per square meter again by the Board.  Who does and picks up on the 38.5 pesos difference?  The residential areas.  Who are the residential areas?  Unit Owners.

Fair?  Does such a word or concept exist in Soho Central Condominium Corporation or its mismanaging?

At a recent gathering with Directors from the Board who were not elected as none have been, several Unit Owners asked them questions.  One question was "can we do anything" about this rate difference?  The reply from a Director was NOTHING.  Yes, a Director on a Board that lowered the rate states nothing can be done.

So let me understand this for the umpteenth time, Unit Owners are official members of the Soho Central Condominium Corporation which has a Board with no elected Directors and only one is there legally as I read the court decision Valle Verde vs Africa.  Unit Owners have been denied the right to be represented and only this year was there a second attempt at a Special Meeting for a quorum.  Why?  I write and talk as others telling people what is going on here.

I have news there is another way for an election.  The big question is why have those on the Board not taken that step?  Do they know what to do?  Are they waiting for me to write about it, create pressure and then they will act.  Of course, they may act and not give proper credit.  I will then perhaps be subjected to another Open Letter attacking me for 17 still unanswered letters.

Those letters will be answered.

The Board serves who?

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