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Re: Manhattan Club Lawsuit

Chris, I agree that reaching out to the new NYAG might be helpful. We have all been sorely scammed by TMC and it appears BLUEGREEN is following suit. It certainly can’t hurt at this point. I would be very interested to know if other owners, even those who have signed on to the Zimmerman lawsuit, agree or disagree, and if so, why? I have always felt that the $6.5M that Eichner had to pay back should have gone to the homeowners association to clear up the deficit rather than distributing the measly small checks that went to certain owners. The amount above clearing the deficit could have gone to those owners who were current on their fees. With the deficit cleared, the maintenance fees could have been adjusted down to a more reasonable rate and those who were behind could negotiate a payoff of back fees or “give back” their unit to resale. This would be income to the association. Just my 2 cents