1105 Massachusetts Avenue Condominium Trust
Board of Trustees Meeting
July 18, 2024
The meeting of the 1105 Mass Ave. Condominium Trust Board of Trustees was held on Thursday, July 18, 2024 via zoom.
Present for the Board were John Giannacopoulos, Rick Landau, Roger O’Sullivan, Peter Sullivan and Bev Thornton.
Also in attendance were Elder Nunez and Myra Miller
PREVIOUS MONTHS MINUTES: The minutes of the June 27, 2024 meeting were approved as presented.
FINANCIAL STATEMENT AND ACCOUNT STATUS: This is the year end report for the fiscal year ending June 30th so there is a delay in the June report.
LAUNDRY PROPOSAL: Automatic Laundry is coming to the building next Tuesday to view the laundry rooms and provide a proposal for laundry services.
BEUDO: No updates
DOCUMENTS: Rick has looked at the documents and started seeing where sections of the rules and regulations can be rewritten.
ELEVATOR CONSULTANT: A representative from VDA was present at the building today – no indication of impressions from him. He inspected the existing equipment and spent several hours on site. A summary of his findings will be forthcoming.
EVERSOURCE: We are waiting for Rene Mugnier Engineers to propose a solution to the roof opening of the substation at Remington St.
INSURANCE INSPECTON: Affiliated FM sent an inspector to the building to walk around viewing the entire building. This is the company that provides insurance to us, and they need to see what they are insuring! The inspector will provide a report of his findings. Myra asked if there was anything critical or required, and he indicated that there were no major deficiencies.
VINTAGE MARKET STREET FAIR: A neighbor who has a business in 1073 Mass Ave. telephoned asking if we would be willing to allow her to rent some parking spaces for a day. She felt that she would need the row of spaces that abut 1075. Myra asked her to send an email that she could share with the Board to review. Myra also informed her that it would be very difficult to relocate all cars that currently rent along that wall. Also, we have only one means of egress in and out of the parking lot right now and would not want to block any access at this time. She has not sent her request in yet.
MANAGEMENT PROPOSAL: The current management agreement expires at the end of August. ELN submitted a proposal to continue for a 3-year term. The Board will discuss this amongst themselves.
OTHER MAINTENANCE ITEMS: Peter stated that he would like to give a thank you to Rick on the NY Times article he shared with the Board about elevators.
NEXT MEETING DATE: Thursday, August 15th at 4 PM
EXECUTIVE SESSION: At the conclusion of the July 18th 1105 Trustees meeting, the Board members present discussed and voted on the renewal of ELN Management’s 3-year contract. They voted to approve the 5% increase for Year 1, and to approve an additional 2% increase in Year 2 and another 2% increase in Year 3. The Board appreciates and is grateful for ELN’s and Myra Miller’s continued service to our owners and residents and for her reliability, honesty and loyalty. The vote was unanimous.”
Respectfully submitted,
Myra Finn Miller
ELN Management