Take Back
Fordham Hill.
Lower maintenance. Restore transparency. Protect property values.
The Board's $15 million special assessment is billed every month for five years, starting June 1, 2026, on top of maintenance.
That's about $224 a month for an average apartment.
Ongoing Gas Outage
(Residents Report 4+ Months)
Buildings 5 and 6 have been without gas for months, seriously impacting daily living conditions.
Priced Out of Our Own Homes
Long-time senior residents are being crushed by runaway maintenance hikes while the board writes million-dollar checks for delayed projects.
Source: Shareholder testimony at the Feb 2026 Shareholder Meeting.
Our Goals
Stop Waste & Demand Accountability
We need to know where our money is going. End the era of blank checks and questionable contracts.
Stabilize Maintenance & Cut Costs
Aggressive auditing of expenses to stop the endless increases and protect affordable ownership.
Fix Governance & Increase Property Values
Restore professional board governance to improve quality of life and increase apartment values.
What’s Happening Now?
Shareholders are raising serious concerns about project management, financial transparency, and governance. The time for silence is over.
Maintenance Pressure
Rising costs are squeezing families while services decline.
Property Values Stagnating
Our values lag behind comparable well-run complexes.
Electrical Project Controversy
Alleged mismanagement and cost overruns detailed in pending litigation.
Garage & Parking Dispute
Ongoing lawsuits affecting revenue and shareholder access.
Transparency Problems
Lack of access to records, meeting minutes, and financial details.
Quality of Life Issues
Long-running scaffolding, deferred maintenance, and service gaps.
See the Damage Dashboard
Straight from the audited statements: a $20.4 million reserve fund in 2018, $167,080 at the end of 2025, and $54.3 million owed on two mortgages. See the full breakdown.
Our mortgages reached $54.3 million while the reserve fund fell to $167,080.
Three long-time board members have recently resigned from our Board.
They departed without the remaining board sharing this with shareholders, raising serious concerns about what might be hidden from us.
Our Turnaround Plan
We aren't just complaining. We have a phased, professional roadmap to stabilize the complex and restore value to your investment.
Financial Transparency
Full audit and public reporting of all major expenditures.
Cost Review
Line-by-line assessment of contracts and spending.
Staffing Optimization
Right-size operations for efficiency without service cuts.
Capital Planning
Prioritize essential repairs; stop low-value projects.
Open Communications
Regular updates, Q&A sessions, accessible records.
Governance Reform
Clear bylaws, term limits, conflict policies.
Quality of Life
Address scaffolding, common areas, daily concerns.
Long-Term Strategy
Evaluate options to protect and grow property value.
Our Next Steps
A clear, achievable roadmap to restore accountability at Fordham Hill
Sign Your Proxy
Sign at FordhamHillProxy.com. Your proxy votes your shares on December 5, even if you can't be there.
Vote on December 5
Saturday, 11:00 a.m., St. Nicholas of Tolentine Church. Its only business is electing directors.
New Board Takes Office
The directors elected on December 5 take office
Implement Reforms
Execute our 90-day transparency plan