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Re: Manhattan Club Lawsuit (by Chris V.):

craigr32, hi, chris here

"I was so concerned that I asked to talk to someone about this, and whoever I talked to ( I think it was a salesman) assured me that the developer would control the Board until a sufficient number of timeshares were sold, and then the developer would have to turn over control.

Obviously, he lied to me." (your quote)

there's no question that ALL PURCHASERS were lied to by the eichner-trained sales personnel and other MC staff, under even more circumstances than your quote notes.

if this/these lie/lies is/are fact, then there is criminal intent; but that's not the main issue here. your expectations of the outcome of this lawsuit initiated by the NYSAG are, i believe, similar to mine. i expect to keep my 2 weeks' ownership with less-than-exorbitant maintenance fees, be remunerated for any overage of these maintenance fees paid over the years, and make the reservations process more realistic giving shareowners more flexibility in getting desired or near-desired reservation dates (the infamous wait-list being used as a last resort.) i would also want to have the alternative of selling back my shares to eichner at the reasonable market value of similar nationwide average properties prices.

so, we may not be on the "same page" on all issues or expectations, but at least we're in the same chapter of this ongoing "literary endeavor."

again, quoting you, "I've read the posts on this sight (sic) highlighting what in my opinion is criminal behavior, and I truly hope I've underestimated the Attorney General's leverage, but I am more interested in what happens in the future." our sentiments and expectations match rather closely here.

keep in touch.

chris