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Re: Manhattan Club Lawsuit (by Fibo N.):

Quotes from the NYAG Investigation papers:

Urban had the right to rent rooms that remained unreserved 48 hours prior to a particular date to the general public. Under the seventh restated plan, Urban was prohibited from allowing the general public to reserve a Manhattan Club room more than 48 hours in advance.

In April 2015, Maritza Gould, a current employee of the Timeshare Association, testified about her job duties from 2010 to mid-2014. Gould testified that she was responsible for making reservations for the general public, also known as the Manhattan Club’s “transient” business. Gould testified that the general public’s preferred “booking window” was 14 to 30 days ahead of a desired check-in date, but that the general public had the option of booking as far as six to nine months ahead of the desired check-in date.

On June 16, 2015, NYAG ran a report through Sponsor’s database concerning transient rentals, and generated a 94-page report covering reservations made to non-owners. The report shows hundreds of reservations made by the general public more than 48 hours in advance of the desired check-in date, in violation of the seventh restated plan.

All reservations by the general public from August 6, 2008 to May 24, 2012 made more than 48 hours in advance of a desired check-in date violated the terms set forth in the seventh restated plan.

williamm465 wrote:

To your last Point Chris--it is strange and undauntinv as you say. But the situation was created by those of you not paying your maintenance fees. I am glad they are getting a few dollars rather than let the suites sit empty.