Tag Archives: New York Community Bank

EXCLUSIVE: P.S. 117 finds its heroes, $7K donated by community organizations


| lguerre@queenscourier.com

THE COURIER/Photo by Liam La Guerre


 

P.S. 117 may not need to wait for Superman any longer to save graduation.

The Queens Chamber of Commerce and the Briarwood Latchkey Generation Facebook group stepped up to contribute about $7,000 together to help save the cash-strapped school.

Nearly 170 graduating fifth-graders were in danger of losing caps and gowns, yearbooks and a senior prom, which are usually sponsored by the school’s PTA, because the Department of Education is investigating $30,000 missing from the accounts of the school’s Parent Teacher Association. While the investigation is ongoing, the organization is not allowed to fundraise and is barred from all financial dealings.

At a school meeting on Monday, Jack Friedman, the executive director of the Chamber, and Nick Tomizawa, who represented the Facebook group made of Briarwood residents and alums of P.S. 117, announced the donations to a room full of parents and teachers.

“I feel ecstatic,” said Nicole Lopez, a parent from the school. “If I could go to the top of a mountain and scream, ‘Thank you,’ I would. I think it’ll get done in time for them to have a nice prom and ceremony.”

The money will pay for expenses for the senior items and dance. Parents are currently creating a list of needs, which they will present to principal Paula Cunningham for approval.

However, because of the short time the children may still not receive physical yearbooks. Instead, the school is considering CD yearbooks with class pictures, and getting autograph books for the children.

The members of the Briarwood Facebook group donated more than $1,000 through the crowdfunding site Giveforward.com.

The Chamber collected $6,000 in donations from Melrose Credit Union, New York Community Bank, TD Bank, Plaza College, Greater New York Automobile Dealers Association and Thermos & Thomiavia, PC.

The Chamber will hold a press conference to officially announce the donation on Friday.

 

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Banks to offer Sandy victims no foreclosures, late fees for 90 days


| editorial@queenscourier.com


Several major state-chartered banks and mortgage servicers have agreed to offer relief for home mortgage borrowers in Sandy-affected areas, including no foreclosures and late fees for 90 days, Governor Andrew announced today.

In the state, some of those banks include Apple Savings Bank, Dime Savings Bank of Williamsburg, Emigrant Savings Bank, M&T Bank, New York Community Bank, Ridgewood Savings Bank, Hanover Community Bank and others, and the state registered mortgage servicers Citi Mortgage, Homeward Residential, Ocwen Loan Servicing and Nationstar.

“Thousands of New Yorkers lost everything, while others are struggling with no electricity and limited ability to travel or communicate. As a result, some people may be late in payments on mortgages or incur other bank fees and penalties. I’m proud to say that major New York State chartered banks and registered mortgage servicers have agreed to waive fees and penalties so borrowers, who are already facing the difficulties and expenses of recovering, won’t have this additional cost. I call on any state chartered banks and mortgage servicers that have not yet provided relief programs to borrowers to follow suit,” said Cuomo.