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Original Message:

Re: Manhattan Club Lawsuit (by Nathan Z.):

I pay my maintenance and enjoy my days. They are not always my 'first choice", but I've lost very few over the years. My personal hopes include an owner managed board, transparent reservations, efficient management and a restored secondary market. If you look at timeshare sales generally, you quickly see that resales rarely take place at more than a small fraction of the original price. The seller receives a nominal price, the buyer pays the broker and closing costs. Sometimes the seller pays the broker and closing costs to get out of a less desirable situation. The only exception I've seen where sellers receive more is for high demand fixed weeks. But I just hope the restoration of marketability would allow people who need or want to exit to do so without continuing to be held captive.