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Original Message:
Re: Manhattan Club Lawsuit (by Becky F):
This is a great summary of what transpired, although very sympathetic for Eichner, where did the money go for all the rooms that were rented out to the public? Knowing how many people did not get to use their unit because it was being rented out to the general public had to have amounted to a significant amount that should have gone to TMC. The rooms were rented out at comparable prices to a NY hotel room so I can’t imagine that TMC would rent those rooms out and take a loss because the rate didn’t cover the costs associated with renting it out. And let’s not forget the elaborate renovations to the lounge/bar area. Why would those be done if the TMC was carrying a deficit. It doesn’t make sense.