See you on March 7th and March 29th! & on April 28th!

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Meeting details are first in this message. Scroll down for key updates. 

We will be holding a Spring 2016 All-Workgroup Kick-Off Meeting on Monday, March 7, 6:30-9pm, at Brooklyn Law School Subotnick Center, 11th floor, 250 Joralemon St., Brooklyn, NY 11201 (click for a map).

If you have been part of a Workgroup, or if you would like to play an active role in the REIC and possibly join a Workgroup, please come. We will be transforming some of our workgroups, creating new ones as needed, and also setting up some committees.

Please also join us if you are interested in the Grievance Committee.

Our next Steering Committee Meeting with the first half-hour open to the public will be on Tuesday, March 29, 7-9pm, at 596 Acres, 540 President St., Unit 2E, Brooklyn, NY 11215 (click for a map).

Closest subway stops:
R to Union Street (6 min walk)
F, G to Carroll St (13 min walk)
2, 3, 4, 5, D, N, R, B, Q to Atlantic Av-Barclays Ctr (17 min walk)

Closest bus stops:
B37 to 3Av/Carroll St
B63 to 3Av/Union St

All are welcome during the first half-hour, 7-7:30pm.

Our next quarterly All-Member General Meeting will be on Thursday, April 28, 6:30­-8:30pm, at New Middle Collegiate Church, 112 2nd Ave at 7th Street, in the East Village in Manhattan
(click for map)(corner of 2nd Ave and 7th St., entrance to the Social Hall on 7th Street).

Closest subway stops:
6 to Astor Place
N, R to 8th Street
F to Second Avenue

Closest bus stop:
M15 bus to Saint Mark's Place

Steering Committee consultation with all Workgroups and IFT, February 22, 2016. Photos: Margaret McInroe,

Dear NYC REIC Members,

The NYC REIC elected a Steering Committee (SC) at the last quarterly All-Member General Meeting on January 28, 2016. The members are: Todd Arena, Adele Eisenstein, David Glick, Sam Gray, Mara Kravitz, Oksana Mironova, Joe Rinehart, and K Samuels. The Steering Committee can be reached at: and at; their greeting to the rest of us is below. 

Passing-the-baton statement from the Interim Facilitation Team (IFT)
For a project like the REIC to succeed, a project that supports equity, inclusion and access in its work product(s) as well as within its iterative, working process, clear leadership is essential… and hard to come by. Before we had 300+ (and growing!) members, we had a much smaller group of individuals from a variety of backgrounds who felt like they had some capacity to commit to ensuring that the REIC developed a clear work ethic, asked questions of itself (some of which were very difficult to answer; some of which we continue to struggle with), and, quite simply, survived.

As working groups were developed, membership formed, and meetings became more numerous, this group because the Interim Facilitation Team (IFT) - an informal leadership structure that tried to create pathways for communication between members, workgroups, non-members, elected officials, stakeholders and potential stakeholders, the media, and myriad other groups of humans who had an interest and/or point of intersection with the REIC.  In no way does the IFT deserve 100% of the credit for shepherding the REIC through its first 11 months, but we saw the potential for this project to break down without some sense of “air traffic control,” and we desperately did not want that to happen.

Now we want to make this transition (from current workgroups and IFT to a Steering Committee) as smooth and intentional as possible. With that in mind, several members of the out-going IFT gave personal statements at our all-member meeting to elect the Steering Committee on January 28 about why they committed to the IFT, their hope and belief in the REIC’s future, and commending everyone for their hard work these past many months. Statements were made at the top of the meeting, before voting, to put our collective enthusiasm behind the voting process and to create a clean slate for the inaugural Steering Committee. We also agreed to publish these statements on the website: you can read our individual transition statements here.

We want to make visible the transition that some members of the IFT have made to the SC, and we believe that making the whole of the IFT visible underscores our collective commitment to transparency and clarifies the individual labor that it took to get us to this point. In making ourselves and our motivations known - as both a group and individuals - we also commit to being held accountable for our work. Nothing just happened - it was all thoughtfully planned and implemented.

We also want to make sure to acknowledge the Governance Workgroup for their great work; they are a separate body from the IFT, and they have been (and will continue to be) tremendous partners in our progress.

- Todd Arena, Moses Gates, David Glick, Sam Gray, Susan Jahoda, Clarinda Mac Low, Oksana Mironova, Adina Saperstein, Paula Z. Segal, Risa Shoup, Allison van Hee & Caroline Woolard

Welcome! from the SC to the Members of the REIC
We have already had a busy first month in office, with a number of meetings. We held our first SC-only meeting on February 6th, followed by a consultation meeting with the Interim Facilitation Team (IFT) on February 15th and another consultation meeting with the IFT and active members of the Workgroups (WG) on February 22nd. We held our first open SC meeting (with the first half-hour open to the public) on February 27th.

We owe thanks to the ILSC Language School, Fourth Arts Block (FABNYC), and 596 Acres for lending meeting space to us.

We are currently in the process of revamping the entire NYC REIC website (which has also been moved to a new server), and we will have a page for the SC, where we will publish all meeting minutes.

Among other things, we have been finalizing a brief descriptive text about the REIC, that will be available to be adapted for different uses, wherever the NYC REIC is represented. Once it is finalized, that will also be on our website.

We are also working on various policies, so that all aspects of work around the REIC will be clear and transparent, with clear accountability. Please do come to our upcoming meetings if you can.

Aside from the ones listed above, we will be holding another SC-only meeting in March. Meanwhile, we are dividing duties and spheres of activity between us, and we will announce which of us are liaisons for which WGs and Committees, at or following the meeting on March 7th.

Once the WGs and Committees have been (re-)established, look out for upcoming meeting information on the REIC Calendar, as well as contact information.

We look forward to meeting you all at an upcoming meeting.

We also would like to encourage any individual or workgroup working with the REIC to post to REIC’s blogPlease contact Leland at to post on a topic specific to your workgroup or anything else related to the REIC.

Happy Spring - Forward, REIC!
from your Steering Committee

Interviews happening now for: Why are you a member of the NYC REIC? We want to know!
To participate (it’s fun AND a worthy cause) please contact REIC member Doron Shiffer-Sebba (

Art & Media would like to make a short film about small business owners and other at-risk-due-to-crazy-real-estate businesses/organizations represented within the REIC membership. Please let us know of any upcoming grants that we could apply for to cover the costs. Contact Caroline ( or Lise (

Become a Member of NYC REIC
There are 4 requirements for active membership in NYC REIC:

(1) Reading and signing the member agreement;
(2) Contributing a membership fee of $10;
(3) Attending a quarterly All-Member NYC REIC meeting (next chance: April 2016!);
(4) Endeavoring to conduct membership in accordance with the principles of cooperation.

We maintain a Google Calendar with all workgroup meetings. Please add this to your gCal, or look at to stay updated with our meeting times:  

Please Help Cover our Current Operating Expenses!
You can support REIC’s development by making a charitable donation during this incubation period for very basic expenses, like the monthly charges that must be paid to circulate this e-newsletter. Please contact us at if you’d like to make a charitable contribution (not an investment) during the incubation period of the NYC REIC. 

REIC Learn and Share
What the REIC? Check Out Our Video:

Please take a minute, literally, to check out this amazing video that NYC REIC members produced to explain the REIC in under 60 seconds, and share widely.


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New York City Real Estate Investment Cooperative

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