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Re: Manhattan Club Lawsuit

In addition to the same complaints everyone else has, my husband and I are retiring and will be leaving NY. We bought our timeshare in 2007 and five years ago paid off the mortgage. As we plan our future we would like to sell it but since there is a glut of MC timeshares on the market we are at a loss as to what to do. We are even willing to sell it for $1.00. but if we can't we won't be able to continue paying the $2500/year maintenance fees, it's a current struggle and will be an impossibility once our income decreases. If we stop paying the fees I was told by a lawyer any property we purchase elsewhere the MC can put a lien on it. *has anyone else heard this?? I've spoken to a representative from the MC about them selling it for us and was told they don't do that. We have tried over the last few years to sell but again with all the legal problems, bad press, inability to reserve rooms, etc. they aren't marketable. All of us 'owners' are stuck. What to do??