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Re: Manhattan Club Lawsuit (by Mj K.):

The best outcome would be that TMC come to a good business deal and sell the facility in whole to a national or international hotel chain. All owners should seek resolution and mediation from the AG of NY. The current hotel arrangement appears to have a full book of business (excluding Covid) and rooms are at a premium. All owners would like accept their pro rata share of ownership in their suite(s). Another alternative might be that TMC sell to a residential real estate developer in NYC. The suites are converted into condos and sold on the market. Again, I believe all owners would welcome the opportunity to sell. The upside for the developer would be significant in either scenario as all owners most likely are willing sellers. The AG would make all owners extremely happy and the current management might avoid future litigation, fines and they too might make a buck. I am a current member and owner for a limited timeshare. A partial week which consists of alternating nights every other year with either 3 or 4 nights per year. I am a willing seller. .