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NowLowest CostNo PointsM ortgagesandC o-op L oans fromIndependenceImprove your way of living whether you%u2019re buying a house or a co-op with our %u201cNo Points%u201d way of lending. Discover for yourself how the Independence way of lending improves your way of liv ing.ADJUSTABLE ANNUAL PERIOD PERIOD PERCENTAGE 1-1 2% GAP* RATE** RATE*** POINTS1 year 7.75% 10.61% N O POINTS2\\ears 8.50% 10.44% N O POINTS3 years 9.25% 10.52% NO POINTS1 years 9.75% 10.69% NO POINTS5 years 10.00% 10.68% NO POINTSArms Violations NotCause of the Fatal FireContinued from Page 5proximate!}7 ^00 fbo wotTurner Day Care Center on Warren Streetwhere they are bused from the hotel. ColonySouth Brooklyn Houses is under contract withHRA to provide counseling for hotelresidents. Thompson has no figures on theuse of these services, she says.Although questions had been raised at thetime of the fire whether the hotel%u2019s firesystem was operative, according to Martinez, the smoke alarms had functioned at thetime of the fire and fire violations currentlyon the buildings %u201care not associated with thefire.%u201d One of the repeat violations on thehotel, he says, is the rubbish in the hallways.NO FIRE SAFETY DIRECTORThe building also received a violation fornot having a fire safety director to monitorthe main board that linked the fire boxes onthe separate floors.The fire system at the hotel had been nonfunctioning for a period of time, but the violation was cleared on June 16. A summons hasbeen issued for a licensed person %u201cto get theoil burner cleaned and in working condition,%u201daccording to Martinez.The hotel has had housing and buildingcode violation problems in the past. InDecember of 1985, the building was cited for495 violations, but according to the Mayor%u2019sOffice on Single Room Occupancy Housing,by February of 1986, 85 percent of those hadbeen cleared.%u201cThe hotels are subject to the mostscrutiny of all buildings,%u201d says Kleinman.%u201cThe same codes apply as to other buildingsbut the hotels are cyclically targeted withcollaboration between the Buildings, Housing, Health and Fire Departments workingtogether,%u201d he explains. The building is inspected every six months, he says.CHANGE FEDERAL LAWDespite the money spent the availability ofservices and six month inspections, residentsof the hotel find the premises unsafe and unsanitary and politicians have long protestedagainst New York%u2019s decaying welfare hotels.On July 11, Park Slope Congressman CharlesSchumer announced he was sponsoringlegislation in the U.S. Congress that wouldallow the City to use Federal emergencyassistance funds to build new housing. Aboutthe current system, he says, %u201cyou could hardly design a system that would be more ripefor abuse.%u201d His legislation he explains, would%u00ab n ! 1 n n 4-V%u00bb /-> 4 a a 4 a L U a / I a w a I a C ~ %u2014 V U U V/U W00,000 oi less I \down .n ca< h adjusiiix ni |x i iod** n ,,s ,s*' tx low -market intiodtK ton talc lot the initial adjustment |xiiod. Ratesubjee t to< flange without pilot notice.%u2022 %u2022 %u2022 Annual Pen image Rati based on the i urm ii value of the rate index w hii h is subject to< flange. ITieieisa lifetimei apof If .75%on all adjustable-rate mortgages. Ralesapplv too u t %u00bbei -on uj>ied lesidem esonlvO u r way of lendingim proves your wayof livin g .C a l l 1 - 8 0 0 - 7 3 2 - 3 4 3 4INDEPENDENCES A V IN G S B A N KIt%u2019s a way of living. Since1850.$995%u201c100% refurbishedINSTALLEDCOMPLETE! No hidden charges.WITH 90 DAY WARRANTYF o r $995. Y o u %u2019l l g e t :%u2022 Four(4) 6-button ITT KeyInstruments%u2022 Master Control Box%u2022 Distribution Panels%u2022 Power Supply%u2022 Up to 600 linear feet of cable%u2022 Line & Intercom Cards%u2022 Telephone Access Jacks%u2022 Amphenol Jacks%u2022 ALL LABOR COSTS for thecomplete installationYou know it's cheaper to own your telephone system thanto lease it. So, if it's time for your business to purchase asystem, but a new system price tag is beyond your budget, these refurbished ITT KEYSYSTEMS are just for you. This equipment is rated for use into the next century%u2014replacement parts (if ever needed) are always available. Our inventory is very limited.. .so if you%u2019reinterested, act now, and call ATC today.Ahl-Tone has the solutions to your communication problems, whether for business oryour home. AND we service everything we sell including state of the art equipment fromPanasonic, Premier-Northcom, Mitel, ITT and TIE.B R O O K L Y N O F F IC E S : Atlantic Avenue & Court Street %u2022 18th Avenue & 65th Street18th Avenue & 86th Street %u2022 Newkirk Plaza & Foster Avenue %u2022 M A N H A T T A N O F F IC E :Lexington Avenue & 34th Street %u2022 B R O N X O F F IC E : 1416 East Avenue, ParkchesterO U F F N S n m r F ' Rau Tarraro Qhnnrtinn P anlar Daweida m %u2022a a c c a l l O F F IC E S :Hillside Avenue, East of Herricks Road, Williston Park %u2022 A&S Shopping Center,Manhasset %u2022 S U F F O L K O F F IC E : Walt W hitman Shopping Center, HuntingtonM e m b er FDIC* I986 IikIi 'Ix iiiIi iii r Savings BankL E N O E R%%u25a0 %u25a0%u25a0%u25a0 %u25a0%u25a0A T CAhllbne CommunicationsW e S e r v i c e E v e r y t h i n g W e S e l l6749 Fifth Avenue %u2022 Brooklyn, NY12 E 32 Street NYC %u2022 212-684-5959 718-748-8500Pag%u00ae 6, THE PHOENIX, July 24,1986