Original Message:
Re: The Manhattan Club Lawsuit - RedWeek's Report & Most Recent Info (by Robert P.):
I agree with what you say about TMC management but the total budget for 2020 is about $55 million and the reserve for bad debts (non payment of maintenance fees) is almost $12 million. I'm not passing judgment on anyone who chooses to not pay or can't pay the fees, but calling it a myth is a stretch at best.