The commencement of meeting was delayed for half an hour in order to achieve the necessary quorum of five board members.

1) Minutes: Minutes of the June 14, 2006 board meeting were approved.

2) Capital Projects update:

a) Roof rebuild update: There are still a few final repairs to be made to the roof by S&S Roofing in order to satisfy the final Becht inspection.

b) Exhaust fan repairs:

i) Duct blockages: On Monday June 11, 2006, Re, Boynton, and Bellini met with Chopak and Nu-Way, a duct cleaning contractor. Estimated costs, methods and a tentative start date for Nu-Way to clear the blockages was discussed. Following discussion, the board approved the Nu-Way contract.

ii) New fan motors and hoods: The new fan motors and hoods are being installed.

c) Summarizing next steps with roof:

• Becht Engineering to sign off that roof replacement by S&S has been completed
• completion of HVAC repair work

d) Riser valves and water service line replacement update: There was no update from JAL concerning the hallway lighting fixtures and wallpaper restoration.

3) Financial report:

a) The board reviewed expenditures made from the $300,000 capital assessment, invoices paid-to-date, outstanding bills, and remaining balance. Only the roof exhaust fan project remains incomplete, primarily on account of the still to be determined cost of removing blockages.

b) The board tentatively selected August 23, 2006 for the annual general meeting. This date will remain tentative pending availability of the building’s accountant and attorney to attend the meeting.

4) Legal report:

a) Time Warner Cable installations: No update from JAL concerning the notices sent to four unit owners for improper installations by Time Warner Cable and the corrective actions required.

b) Driveway parking: Irwin Chopak was to report back at the March meeting with a new towing contractor and signage changes to reflect the new towing contractor. No update was available at that time. Chopak reported at the April meeting that he is unfamiliar with any towing services on Staten Island, but would speak with Jennifer Ogman for a recommendation. There was no update at the May or June meetings. At the June meeting Chopak reported that one towing service would tow if paid in advance by Highview II. The board requested a list of the towing services Chopak spoke with and the policy of each relative to payment, so that the board could follow-up with those services for additional discussion and to perhaps explore the situation with other towing services that Chopak did not contact.

5) Building Maintenance & Repairs:

a) Elevator mechanical systems: As a follow-up to the elevator evaluation performed by Vertical Systems Analysis (VSA) on May 2, 2006, VSA has contacted McGlynn Hayes for correction of the twenty-seven deficiencies. VSA reported on July 11^th that McGlynn Hayes anticipates completing the list by the end of the second week of July. Following completion, a re-inspection can be performed.

b) Ceiling leaks: There was no update on the ceiling leaks reported by owners (5-J, 4-G, and 3-E) and discussed at the May meeting. Apartment 3-B was added to the list.

c) Driveway entrance sign: Chopak offered Bellini a catalogue for replacement of the driveway "entrance" sign.

d) Verizon terminal box: There was no update from Chopak.

e) Smoke detector battery replacement: No update from Chopak concerning the spring semi-annual replacements of smoke detector batteries for all unit owners.

f) Garage entrance apron: Chopak indicated that the garage entrance cement apron will be rebuilt later this month.

g) Garage exhaust timer repair: The garage exhaust timer is still not operating.

h) Entrance awning: Boynton and Cannon have yet to meet with the contractor for the frame replacement.

i) Maintenance Liaison: Victor Bellini reported as "Maintenance Liaison. He has been working with Joel to develop a comprehensive list of building needs.

The meeting was adjourned at approximately 9:30 p.m.

Robert Boynton, Secretary