Report Abuse

I am interested in current status. My wife and I have been owners since 2007 and are appalled by the increasing maintenance fees as well as by the fact that TMC operates as a “boutique hotel” offering “our” units to the general public often at lesser per diem rates than what our maintenance fee works out to, with absolutely no year to year obligation to TMC. I have to wonder what the hell we bought when we gave TMC $34,000 of our hard earned dollars for a “unique investment in NYC which can only increase in value over time.” I recently spoke with a company purporting to help timeshare owners get out from under their onerous obligations and was quoted an upfront fee of $8,750, which we cannot afford...the only guarantee was a “give back” to TMC or we would get a refund after 36 months. It makes me regret the day we ever walked into TMC.