Hunts Point co-op holds board elections
Hunts Point co-op holds board elections
James Margiotta of J. Margiotta Co. in the Bronx, NY, is the newly elected member of the board of directors of the New York Hunts Point Terminal Produce Cooperative Association Inc. The announcement was made during the organization's June 13 meeting, according to Myra Gordon, deputy assistant director of the market.
Re-elected to the board were Chris Armata of E. Armata Inc., Joe Palumbo of Top Banana LLC, Sal Vacca of A.J. Trucco Inc. and Richard Cochran of Robt. T. Cochran & Co. Inc. Mr. Palumbo was not only re-elected to the board, but he was re- elected as the board's treasurer.
The market's co-presidents, Matt D'Arrigo of D'Arrigo Bros. Co. of New York Inc., and Steve Katzman of S. Katzman Produce Inc., were not up for re-election this year and will continue their positions.
Ms. Gordon said that the board decided to have committees start making more recommendations to reduce some of the responsibility currently on the market co-presidents. Ms. Gordon and Hunts Point Terminal Market Manager James McIntyre will be recommending such committees for the board's next meeting, set for July 11.
Ms. Gordon said that the Hunts Point board is preparing to review its $13 million annual budget. The board will review the budget in the early fall one line item at a time.
She said that the market board on June 13 reviewed the "errors compounded over and over" by New York City's Economic Development Corp. that led to a lawsuit by the market, which was won in recent weeks.
The board is waiting a bench trial by Bronx Supreme Court Judge Lucy Billings "on the matter of the unregulated produce companies outside the market in competition with us," Ms. Gordon said. Judge Billings is the same judge who ruled in favor of the market in the recent lawsuit.
As Messrs. D'Arrigo and Katzman gave a great deal of their time to the lawsuit, the related rebuilding effort for the Hunts Point market "has been on the quiet side," Ms. Gordon said. The market co- presidents bear the primary responsibility for the market renovation, she noted.
Of the market co-presidents, Ms. Gordon said, "They are amazing guys. Unless you are part of the process, you don't appreciate what they've done for the merchants. They put themselves entirely into the process and they each work 20 hours a week like it's another job. But they don't get compensated. Kudos to them."
Re-elected to the board were Chris Armata of E. Armata Inc., Joe Palumbo of Top Banana LLC, Sal Vacca of A.J. Trucco Inc. and Richard Cochran of Robt. T. Cochran & Co. Inc. Mr. Palumbo was not only re-elected to the board, but he was re- elected as the board's treasurer.
The market's co-presidents, Matt D'Arrigo of D'Arrigo Bros. Co. of New York Inc., and Steve Katzman of S. Katzman Produce Inc., were not up for re-election this year and will continue their positions.
Ms. Gordon said that the board decided to have committees start making more recommendations to reduce some of the responsibility currently on the market co-presidents. Ms. Gordon and Hunts Point Terminal Market Manager James McIntyre will be recommending such committees for the board's next meeting, set for July 11.
Ms. Gordon said that the Hunts Point board is preparing to review its $13 million annual budget. The board will review the budget in the early fall one line item at a time.
She said that the market board on June 13 reviewed the "errors compounded over and over" by New York City's Economic Development Corp. that led to a lawsuit by the market, which was won in recent weeks.
The board is waiting a bench trial by Bronx Supreme Court Judge Lucy Billings "on the matter of the unregulated produce companies outside the market in competition with us," Ms. Gordon said. Judge Billings is the same judge who ruled in favor of the market in the recent lawsuit.
As Messrs. D'Arrigo and Katzman gave a great deal of their time to the lawsuit, the related rebuilding effort for the Hunts Point market "has been on the quiet side," Ms. Gordon said. The market co- presidents bear the primary responsibility for the market renovation, she noted.
Of the market co-presidents, Ms. Gordon said, "They are amazing guys. Unless you are part of the process, you don't appreciate what they've done for the merchants. They put themselves entirely into the process and they each work 20 hours a week like it's another job. But they don't get compensated. Kudos to them."