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Original Message:

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

Bruce, Whatever we think of other's contributions here, we try to be civil instead of calling people fools or questioning their ability to read financial statements. For your information, you might want to read the AOD on the Attorney General's website which, in paragraph 55, states that the actual bad debt at the MC was over $5 million in one year (2014) , as opposed to the $1 million in the budget. The way I read financial statements, that says lots of people haven't been paying maintenance fees. If you divide $5 million by an average of $2500, I get 2000 unpaid weeks. I think that's a cumulative number but it's still significant.