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Original Message:

Re: Manhattan Club Lawsuit (by Gail J.):

My understand is that Eichner retained the management when the Manhattan Club was first offered as a time share. Isn't that what is being sold - the management company which is the entity Eicher and his cronies used to siphon off over $6,000,000 a year in management fees. The Attorney General only recouped around $6,000,000 to go back to the HOA. Eichner had pulled his scam for many, many years - a $6,000,000 "punishment" was nothing - he got to keep many, many millions of dollars that he had previously collected. We, as owners, got scammed again. So, I don't know how anyone can be made whole or compensated unless there is a new legal action against Eichner . The thinking is : A new suit would need to be brought on behalf of those clients who still feel that they have been wronged and who see no other path forward which would allow them to recoup their losses even when a new management company takes over. Things will never, ever return to what they should have been - too much money has been lost by the M.C. owners.