Post reply

Re: Manhattan Club Lawsuit (by Irene S.):

It is important to note all of the Eichner's and the Manhattan Club’s legal fees are being paid for by Manhattan Club Owners. A lawyer, who was at the hearing on Friday, March 11, 2016 remarked “that the legal fees for that one hearing alone were about 1 million dollars.” That is one million dollars of TMC owner’s money. With the bad debts increasing because of owner’s not paying their maintenance fees, it is worth noting that the Eichners are still getting their 6.5 million dollar manage the managers fee from Urban Management yearly. The firm that had no employees. The Manhattan Club has let go 100 employees but the Eichners still get their 6.5 million dollar fee. One year of the Eichner’s off the top fee would eliminate all of TMC’s bad debts. Since the NY Attorney General’s investigation, Urban Management now has some employees brought in from other Eichner companies. When the Attorney General completes his investigation the Eichner’s and TMC should be required to reimburse TMC owners for payment of their legal fees. This should also be the case in any class action suit that is filed. We are paying the Eichners to fight us. The Eichners and Scott Lager are refusing to give testimony and depositions to the NY AG’s because they are concerned about future criminal prosecution.

Irene Smalls