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Original Message:
Re: Manhattan Club Budget 2020 (by Chris V.):
howard df62,
it appears that you might be missing major assumptions. i submit the following scenario for your thoughtful consideration.
TMC knows well in advance of those who do not pay maintenance fees. that said, do you believe that TMC wouldn't profit from that available time? they rent it out on hotel/vacation websites. now the question remains..................where do those non-owner accommodation fees go? they should go to make up the "slack" of those owners in MF arrears. that would be the way it SHOULD BE. under those circumstances MF payers, would not need to make up the difference to avoid bad debt allowance. that would be the honest and above-board way for management to do business. but no............they're lining their pockets, in effect, double-dipping, but not to the benefit of MF paying owners.
do you believe TMC/EICHNER/BLUEGREEN to be honest and above-board to use the non-owner accommodation fees to make up for the bad debt allowance? i have not noted one honest thing that this fraudulent group has done since the initial inception of TMC TIMESHARE in the late 20th century, before, during and after the sale to us unsuspecting, defrauded owners. "My maintenance fee is about $800 higher due to the bad debt allowance." not so. your exorbitant MF is due to avarice and greed on the part of ultra-wealthy developers who want to become ultra-ultra- wealty, not giving one good damn about you or other unfortunate TMC owners.
that is my take on the issue you present. correct me if my interpretations/expectations are inaccurate.
howardf62 wrote:Sidney -Sorry, but I am extremely concerned about people not paying their dues. Based on your comment, it appears that you may be one of them.
As noted previously, it is costing me and everyone else (not TMC) a lot of money. My maintenance fee is about $800 higher due to the bad debt allowance.
If the Zimmerman suit gets me reimbursed for that, and it is vague as to whether it will, I am all for it.
For the record, I stay at the TMC every year and have never had an issue getting the dates requested, though I recognize that this clearly is not the case for many others.