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Re: Manhattan Club Lawsuit

I'm wondering what happens to (possibly 14,000-18,000) purchasers'’ interests after an eventual end to this particular TMC vs NYS AG case or pending ones. In reading and participating in the various social media discussion platforms, it has become obvious that there are various legal/financial statuses into which the purchasers could be categorized. This categorization needs to be researched and defined as early as possible by some executive- or judicial-assigned entity to preserve potential remedies of final disposition of the purchasers' ownership post-case decision. The purchaser-ownership issues will need to be adjudicated at some point. For example, some owners have fully paid, and are current on maintenance and taxes. Others have stopped paying maintenance and/or taxes. Some have attempted to create escrow accounts pending resolution of the case. Others have stopped paying mortgages and maintenance, and many other combinations and permutations of every major step and status in the end-to-end transaction of completing and recording a real estate transaction, at the NYC Department of Finance. Even after this case is 'over', there is much to be done to figure out if there will be remedies for the interests of TMC purchasers who are not current on anything, and the interests of those who are current on everything... and others somewhere in-between those extremes.