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ask-redweek-manhattan-club-settlement-owner-payouts

Thank you Redweek for keeping us informed. As an owner of a Penthouse-7 days per year, and in good standing between the dates specified in the settlement (2011-2014) I would like to keep my unit and receive none of the settlement except perhaps an adjustment on the fees I did pay. Going forward, I'm reluctant to pay maintenance fees that are currently outrageous and simply unaffordable. would you recommend that they be paid? Is this a question for the AG or is there any hint in the information you've received that would suggest that owners should hold back paying the fees until the new owners are established. It seems ridiculous to pay these fees, especially since you can't use your unit, without any promise of some restitution.