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Re: Re: Re: Re: Manhattan Club Lawsuit (by Peg C.):

to answer your question on valuation, take a look at comparable hotels and what they are selling for. A hotel in Brooklyn - 100 Orchard St - just sold at the end of May for $25 Million, equating to $1.136Million valuation per room. In was in foreclosure before it sold so valuation may have been depressed already. Even if you break this down into weekly valuation, that is almost $22,000 per timeshare value.

The Manhattan Club sits on prime NYC real estate. I don't think you need to fight Eichner in the courts - he will eventually come to the realization that he needs to share more of that value with you if he wants you to give up your rights to this prime real estate. The maintenance costs and taxes are being paid by the management company renting your timeshare out so no need to worry about what has not been paid, your property is already covering it for you.