Original Message:
ask-redweek-manhattan-club-settlement-owner-payouts (by Dick H.):
The wonderful folks at TMC (whoever they are!) never bothered to tell us as “owners” that this stuff was going on...unbelievable! I thought we were really buying into something great when we purchased in the early 2000’s as I am a NYC lover. Our original maintenance fee at around $1,500 was a little high but seemed fair...now we are paying around $3,000 with taxes and this has become unaffordable, particularly for us older folk who don’t get regular raises in our payouts. I think it goes even higher next year...guess we have to make sure Mr. Eichner continues to get his”fair share.” And, finally, I recently learned that TMC rents its rooms to “outsiders” at less than what it costs “owners” in our maintenance fees on a per diem basis! It’s hard to find the words to express how I feel about all this!