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

My husband and I stopped paying annual fees to TMC in 2014 because we felt lied to and cheated by the sales staff and were very pleased when the NYAG in 2014 made TMC unable to damage our credit while NYAG were doing their investigation. We were also pleased when the NYAG made the Eichners and those other TMC liars admit their criminal activities during the time we bought our timeshare in 2011. I am not pleased that there's practically no restitution to those of us who were duped by their lies nor an exit plan for us. We feel that our contract should be null and void since it was sold to us with lies blatantly in violation of the Martin Act, where there were sham companies taking side money, companies renting out our units so owners couldn't book, and all were hiding behind the corporate veil. It all stinks and I want out, but apparently the NYAG didn't really do anything to help us. The Eichners get to sell their ownership at probably a high market value and then those new owners get all the Eichner's rights to manage the HOA, the building, the employees and sales staff. I don't think anything will change and I don't know how to get out. I keep getting invoices from TMC with exorbitant interest charges. We don't have the money to start a legal fight. We are hoping that there's a lawyer who will take all of us dissatisfied owners and start a class action lawsuit because at least now the NYAG has Eichners et al admitting their violations.