CPN Board Issues Statement in Opposition of Pineapple Walk Development

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UPCOMING VOTE BY 75 HENRY STREET SHAREHOLDERS ON THE DEVELOPMENT OF THE PINEAPPLE WALK COMMERCIAL SPACE

This is a significant issue for 140 Cadman and for our neighborhood.

  1. The CPN Board strongly opposes the possible development of a 40 story high-rise building in the Pineapple Walk commercial space
  2. The CPN Board will be sending a contingent to the 101 Clark-hosted meeting on Weds January 6th to demonstrate the CPN Board’s support for telling 75 Henry residents of this opposition.
  3. Despite the scheduled CPN Open Board Meeting on that same night, the CPN Board encourages all interested CPN Shareholders to attend the 101 Clark-hosted meeting.
  4. The Open Board Meeting scheduled for Weds January 6th will be held for those who do not wish (or are not able) to attend the 101 Clark-hosted meeting.
  5. A memo summarizing the January 6th CPN Open Board Meeting (info and activities) will be distributed under door to all 140 Cadman apartments by the end of the week.
  6. The CPN Board is considering holding a “make-up” Open Board Meeting either on Thursday Jan 7th or during the week of January 11th (date to be determined).
  7. There will be a petition available at the doormen’s station that can be signed by CPN co-operators that will be sent to the 75 Henry Board (and possibly residents) prior to their vote on this issue (January 15th).

PLEASE REMEMBER: THE TOWNHOUSE AND PARKING AREA BETWEEN US AND 75 HENRY IS NOT UNDER OUR CONTROL AND MAY BE A TARGET FOR SIMILAR DEVELOPMENT OPTIONS. WE URGE YOU TO EXPRESS YOUR OPPOSITION TO THIS POTENTIAL HIGH-RISE DEVELOPMENT.  

CPN BOARD OF DIRECTORS