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Parkshore Condominium Future

Parkshore Condominium Future

Closed — 26 supporters Verified

Final supporters

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Teresa C.
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Karen W.
A
Anuradha M.
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Mark C.
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ronald w.
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William J.
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Shobha p.
A
AL N.
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Sherry S.
A
Andre a.
+16 more
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Started by Parkshore Owners 1 year, 3 months ago

To the Park Shore Board of Directors and FirstService Residential Chicago (Property Management),

With due respect to the elected volunteers serving our community, and to the property management team, we, the undersigned residents and owners, are raising serious and ongoing concerns that have remained unaddressed for over six months. These issues impact the transparency, financial responsibility, and communication that are vital to the well-being of our community.

I. Inconsistencies with the Illinois Condominium Act

a. Lack of timely notice for Board of Directors meetings.

b. Decisions made without allowing homeowner discussion or input.

c. Potential conflicts of interest in contract and bid selection processes.

d. Residents being muted or redirected with legalistic jargon when requesting clarity on contracts or decisions, under the claim that full disclosure is prohibited by legal counsel.

e. Perceived bias or lack of responsiveness from the management office.

II. Lack of Transparency in Financial Reporting

a. Limited owner input in short- and long-term budget planning.

b. Opaque legal fee structures and unclear FirstService Residential budget allocations.

c. Lack of summary reporting or full cost breakdowns for renovations, despite resident interest and ongoing budget increases.

d. The Building Commission, which was active as recently as six months ago, was inaccurately told by the Finance Committee that no input had been provided into the 2025 budget. In fact, the Building Commission had submitted feedback and was later instructed to meet with the Board and legal counsel in a closed session only—undermining transparency and collaboration.

III. Communication Deficiencies

a. BuildingLink is outdated and potentially underutilized.

b. Recommendations to coordinate management database information, digital bulletin boards, elevator notices, “At-A-Glance” updates, and BuildingLink have not been implemented.

c. Requested documents are repeatedly not provided to owners.

d. Key building-related updates and initiatives are often poorly communicated or delayed.

IV. Unfinished or Abandoned Projects

a. Resident Handbook revisions (initiated March 2021) remain unaddressed.

b. Accessibility concerns were excluded from the November 2023 Full Circle Architects report and related budgets.

c. Substantial research and recommendations on electric vehicle charging (2023–2024) were not acknowledged or considered.

d. Parking-related expenses and resource usage—including valet staffing—have not been audited, raising concerns about efficiency and spending.

V. Plaza Budget Overrun

a. Capital expenses have increased by $2 million in the past year alone. The original budget was $3.5 million in 2023, rising to $4 million in 2024, and will likely total over $6 million—all for the same project, which originally included Phases 1, 2, and 3.

b. Park Shore reserves are now projected to drop to $1.5 million, posing serious risk. There is no financial cushion for unforeseen repairs or emergencies.

c. This puts our credit rating, property values, and potential for special assessments in jeopardy.

We strongly request a comprehensive review of Plaza Phase 2 before proceeding, ensuring full financial transparency, updated reporting, and meaningful homeowner input.

VI. Oversight and Quality of Service

Residents and owners have raised concerns about the professionalism, consistency, and quality of services provided by building staff and vendors. Currently, there is little visibility into how performance standards are set, how staff are trained or evaluated, or how resident concerns are handled.

We respectfully request clarity on expectations for staff and vendor conduct, including any required training or certifications. We also request a transparent process for residents to provide feedback and receive timely follow-up on reported concerns.

In summary, we respectfully request:

  • Transparent, timely communication and documentation.
  • Improved accountability from management and the Board.
  • Action on longstanding projects and concerns.
  • A financial strategy that protects our reserves and avoids unnecessary assessments.

We call for a collaborative approach to decision-making that honors the trust and investment of Park Shore residents and owners.

Sincerely,

Updates

April 21, 2025

The Board is still refusing to provide clear answers regarding our budget and contract selection process. Email your representative on the board today to demand an open session for all owners. We need to keep the pressure on until they agree to meet with us directly.

April 21, 2025

We hit a tipping point today that proves our neighbors are tired of this lack of transparency. Take this momentum and call the management office now to demand the full renovation cost breakdown.

8 Comments

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John Whitman
1 year ago Featured

To this list of grievances, I would add that under Trzyna's leadership the board engaged in punishing and silencing a long-time volunteer and commission member and former board member with absolutely no due process, plus a gag order, over matters that could account for financial overruns, misinforming unit owners on crucial matters, and inappropriate decision making by the board without informing unit owners. Sooner or later, unit owners will learn about this leadership debacle.

A
Alan Matthew
1 year ago Featured

How could Arash and Charlene publicly say out loud that if there was a major problem with the plaza contruction they "NOT TELL THE RESIDENTS!"

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Terry L Nicola
1 year ago Featured

Some of these matters require urgent attention before we land in a budget shortfall or default. This may include some contracts which will be signed that can lead to permanent harm to the Parkshore. Plaza repair has not confirmed repair of the WJE listed deficiencies.

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Karen Woollen
1 year ago

“Did you, too, O friend, suppose democracy was only for elections, for politics, and for a party name? I say democracy is only of use there that it may pass on and come to its flower and fruit in manners, in the highest forms of interaction between [people], and their beliefs – in religion, literature, colleges and schools – democracy in all public and private life…” —Walt Whitman

M
Mark Cooper
1 year ago

Bruce Cooper

A
Andre and Elaine Balla
1 year ago

I finally heard something that makes sense for this building. I have been concerned as well for many of the costs.

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William Lynes
1 year ago

I totally support the objectives as defined in this partition. It is long past overdue!!!

M
Merry Beth Seaton
1 year ago

I concur with the concerns shared by Terry Nicola.

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