April 2017 Committee Reports

All-Member Quarterly Meeting- MAY 7th!

We invite all members of the REIC, as well as anyone interested in joining our cooperative, to our Spring 2017 quarterly All-Member Meeting! Join us to hear updates from our Founding Board, view the roadmap for us moving forward that was developed at our strategic planning meeting in March, hear report-backs from committees, and get more involved by joining a new working group. Also on the agenda – an interactive session where REIC members new and old can learn and ask questions about our business model and structure.

Come 10 minutes early or stay 10

March 2017 Committee Reports

Report-back on the NYC REIC Organizational Planning Meeting

The Founding Board, led by Oksana, held a well-attended organizational planning meeting to plan our strategy and a timeline for the long-term, over the course of the next year. The workshop sessions were facilitated by Lauryl Berger-Chun at Mayday Community Space, and we started with a delicious Lebanese lunch from another (woman-owned and run) cooperative, Emigre Gourmet.

The workshop sessions allowed for the greatest inclusion of member input and discussion, as we thought about where the REIC stands now, where we are trying to get over the coming year, and

February 2017 Committee Reports

Join us for the NYC REIC Organizational Planning Meeting
Mayday Community Space
176 St. Nicholas Street
Bushwick,Brooklyn
Sunday, March 5th
12:00-4:00pm

We are at a point in the NYC REIC’s trajectory where we are actively considering investment projects, thinking about fundraising, and generally deciding what the NYC REIC is going to look like in the near future.

To make sure the NYC REIC develops intentionally and with member input, the Founding Board is hosting a facilitated organizational planning session. If you are interested in attending, please RSVP here by February 27, 2017.

As this will be a sequential, facilitated meeting,

January 2017 Committee Reports

ALL MEMBER MEETING JANUARY 28TH!

Saturday, January 28th

3pm-5:30pm

22-25 Jackson Ave. at the intersection of 46th Ave.

LIC, NY 11101

geodesic dome in the courtyard

PLEASE RSVP HERE TO ENSURE SMOOTH ENTRY INTO PS1

We are very excited to be able to host this meeting at MoMa PS1, and wish to thank everyone involved for their generosity.

On the agenda: Update from your Steering Committee on where we stand in achieving the aims of the REIC, with a review of our adopted Bylaws, and a presentation on a potential first collaboration project by Nat Roe, Executive Director, Flux Factory,

December 2016 Committee Reports

REIC U Update

Thursday, Dec. 15! REIC U Film screening/discussion and potluck dinner at Union Docs!

7-11pm at UnionDocs

322 Union Ave, Brooklyn, New York 11211

We will be screening Kelly Anderson’s 2012 documentary, “My Brooklyn,” the story of her journey to understand the forces reshaping her neighborhood along lines of race and class. It raises questions of how we can heal the deep racial wounds embedded in our urban development patterns, and how we can become active in fixing a broken city planning process. We will hold breakout discussions after the film to discuss its themes and their applications

November 2016 Committee Reports

Steering Committee and the October All-Member Meeting

In the wake of the Election results, after taking a moment to breathe, we know that our work here – and all kinds of organizing work – around a new economy, as well as social and humanitarian issues, not to mention the environment – is so much more vital than ever. We need to gather together, become stronger together, and work for the values, rights and principles we believe in. We are here – in cooperation – in solidarity. Join us, build with us.

We aim for all our member-investors to be able

Does It Fit Us? An activity for learning to see potential NYC REIC projects

The Draft Project Selection Criteria (version 8), created by members of our Scoping Committee, is a checklist that can be applied to potential properties to see if they fit our scope. It will only let through projects that fit our mission of investing in permanently affordable space for community, small business and cultural use in NYC.

Our goal is for all our member-investors to be able to participate in finding the right projects for us. The Draft Project Selection Criteria is like a pair of glasses: when member-investors wear them, opportunities become visible.

This brief activity was created by

October 2016 Committee Reports

Steering Committee Update

Getting Our Legal Ducks in a Row

It’s possible to create the alternatives we need when we play with the mechanisms that determine real estate. Your Steering Committee has been working with lawyers from Lincoln Square Legal Services’ (LSLS) Community Economic Development Clinic of Fordham Law School, led by founding member Paula Z. Segal, and at Stroock & Stroock & Lavan LLP, to register with the NYS Attorney General to fundraise for collective real estate investment through the LLC we will incorporate. The package we need to submit to the NYS AG’s office describing our model, and

July 2016 Committee Reports

Steering Committee Update

Together with our other workgroups and committees, your Steering Committee is continuing to build capacity for the NYC REIC. At our June 12 open meeting, we presented our proposal for the legal entity that the NYC REIC should form, based on research of the Fordham Law School Clinic and input from the Governance Committee. You can see the slides from the legal team’s presentation here.

Your Steering Committee has decided to implement one of the legal structures outlined by the Fordham’s group: we will form a Member-Controlled Not for Profit Corporation with special purpose entity Limited

June 2016 Committee Reports

Hello REIC People!

Read below for the full June 2016 reports from the NYC REIC’s various working committees.

In Solidarity,
-Newsletter Crew

Scoping Workgroup Update

The Scoping Workgroup is developing a set of criteria for projects that the NYC REIC wants to collaborate with local organizers to fund. The general goals for this document are three:

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