Recent Announcements

Date:  Friday, February 6, 2026

Dear Co-Owners,

I) Attached for your reference is a copy of the Condominium Association's Bylaws.
These are the same Bylaws that have been in place since the inception of the Condominium Project in 2004.

There have been two amendments to the Bylaws in this decade of the 2020's:

• Amendment to Bylaws, Article VI--Building and Use Restrictions.  Dated 1/19/2023.  Copy Attached.
• Amendment to Bylaws, Article XI--Assessment of Fines.  Dated 12/1/2024.  Copies Attached.

II) Also attached for your reference is a copy of the Condominium Association's Rules & Regulations, in force since their original issue date of May 6, 2005.

The Building is being managed by the Association's property management company--JS Dean & Associates--in accordance with the Bylaws and the Rules & Regulations, with the oversight of your elected Board of Directors.

Sincerely,

Marla Donovan, 

President Board of Directors 

Riverfront Condominium Association 

 Dear Riverfront Condominium Co-Owners,

After an extremely busy holiday season that seems to have just ended, we already find ourselves halfway through the month of January, 2026!  Before any more time goes by, it seems like a good idea to take a moment and review some of the highlights and accomplishments of 2025.

• We completed the first full year (begun in December, 2024) of text message broadcasting via mobile phone, greatly expanding the reach and timeliness of HOA communications to residents.
• The October, 2025 election was the 3rd consecutive annual election conducted utilizing electronic voting.  Over the last 3 election cycles, community engagement has greatly increased due to the accessibility and convenience of online voting.  The 2025 election saw record levels of co-owner participation.
• A total of twenty (20) units sold in 2025.  The property values continue to hold at > $300 per square foot; this in spite of the economic headwinds caused by high interest rates and the lapsing of the original NEZ program.
• Seventy-five percent (75%) of the tenants in the RFCA Leasing Program were renewed last year, meaning that the majority of the tenants have been here at least a year.  This is a very good thing for consistency and stability amongst the tenant population.
• The new owner and resident onboarding program completed its second full year, ensuring that people moving into the community are properly educated as to the condominium governing documents and rules of engagement.  
• A new and far superior cleaning service was hired effective in February.  The overall cleanliness (and smell) of the building is vastly, vastly improved.  There has also been a lot of very positive feedback from many residents.
• The second full year of weekly trash room audits conducted by maintenance staff.
• A deep cleaning and polishing of the marble floors and surfaces in the common areas was completed.  This was the first time this work had been done since before Covid.
• The elevator brass surfaces were cleaned and polished (last done in April, 2022).
• Lobby Refurbishment:  the credenza was refinished; new LED lighting installed; the chandeliers cleaned; repair of long standing water damage on both the ceiling and the pillars; fresh paint over the repairs.
• All common areas and hallways are now equipped with LED bulbs.   In addition to a consistent lighting hue throughout all the hallways, the HOA should enjoy reduced electric utility costs due to this modernization.
• Modern and energy-efficient Ptac units were made available to co-owners at a significant discount ($1,000 per Ptac).  The owners who signed up for these upgraded units enjoyed a collective savings of $100,000 off of retail, not to mention future reduced electric bills due to the greater energy efficiency.
• The building-wide in-unit plumbing supply line audit project begun in late 2023 was completed.  This was an enormous undertaking for the maintenance team, as it involved staff inspecting the plumbing lines inside of all 287 units.  The integrity of plumbing connections within individual condo units had caused numerous issues in 2021/22/23/24 and into 25, so this will reduce (but not eliminate) water leak problems in the building.
• All distributed fobs and access app [phones] were audited and accounted for.
• Two compliance audits begun in 2024 were completed:  a) Pets and b) Proof of Co-Owner Homeowners Insurance. 
• The massive DTE Cable Line Project was completed.  Many moving parts to this, including: a 'repair' first identified in September 2024 turned into a full-on 'replace' by 2025.  The job--including surface repaving--was finally completed in October 2025.
• Completed the 1st tranche of the multi-year tuckpointing/window seal project on the building exterior.
• An updated Building Appraisal was completed, bringing the total valuation to $112,375,000.
• Reserve Fund Management:  As of December, 2025, all reserve account funds have been consolidated under one roof and are being managed by a professional money manager--Morgan Stanley.

Much accomplished.  Much to be proud of.
The challenges will continue into 2026, of course.  The building will continue to age.The physical plant will continue to age.The stressors on both will not relent.
Fresh Start.  New Year.  Time to address the challenges, and to continue striving to make the quality of life in our condominium community better and more pleasant for all. The Board of Directors and the Management Company-- JS Dean--are committed to continuing the work throughout 2026 to make it happen.

Sincerely,
Marla Donovan, President Board of Directors - Riverfront Condominium Association