Post reply

Re: Manhattan Club Lawsuit (by Gail J.):

Since the Manhattan Club was never set up to have a rental department to benefit the timeshare purchasers as all the weeks were to be sold to purchasers, I didn't think we as owners benefitted in any way from rentals secured by the Manhattan Club. That was a false sales gimmick that influenced my decision to purchase 2 weeks as I had been told a rental department would be set up and if you didn't use your week, the Manhattan Club would rent it for you less a small fee and you as owner would get the rental income. Of course, that never happened. The annual budget and reserves were predicated upon all the interval week owners paying the yearly maintenance fee so I don't know how this is going to turn out. Perhaps someone who has studied the budget can tell us if the Manhattan Club HOA receives the rental income - I would think not - I'm sure it was and is going to Eichner, his cronies, and his bogus management/consulting company.. Eichner has made his money and I wonder if he would even be impacted or would care if the Manhattan Club went into foreclosure? Any ideas, Chris, and others?