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Re: Manhattan Club Lawsuit (by Nathan Z.):
There was no lawsuit. There was an investigation by the NYAG which ended upon payment of the $6.5 million and the issuance of an "Assurance of Discontinuance." I believe 50% of the fund is supposed to be paid to owners who were denied use of their units. Amounts unpaid from the initial 50% are added to the remaining 50% and distributed to all owners who are current with maintenance fees. That's all in the AOD. It's on the AG's website if you want to read it. I was told by the AG's office that the settlement administrator was the Better Business Bureau of NY. That was over a year ago...