Manhattan Club Lawsuit

Yes, it is a scare tactic to try and get you to pay your M.F's. After a year or two of those they will offer you a buyback.

Just ignore the calls and letters threatening you. I did. If you want a buy back, call MC and ask for one. We were current on one of our units and stopped paying for just one year on our second week and immediately received calls, letters, even saying we had to continue the maintenance fee while waiting a buyback. I did not fall for this. We just waited for our paperwork, filed it and now are awaiting our measly $100. The calls, letters stopped. Don’t answer your phone. Let it go to voice mail. These are just strong arm tactics. They do not affect your credit rating, eligibility for a buy back or anything else.

kurtj22 wrote:

My maintenance charges were due early this year. I have not paid them and recently received a letter stating a 16% late fee will be added . Is this the normal progression of the club attempting to receive payment

We stopped paying our maintenance fees this year, and have also received calls and now a letter stating that 16% interest and a late fee will be charged if we don't respond by the "due date," which is unspecified. I called and talked to Stephanie in Financial Services, and she "strongly recommended" that we pursue selling on our own, gifting to someone else, or transferring the deed to someone else - there's no-one that I dislike that much though lol. Since I know those are all delay tactics, I asked her what would happen when those wouldn't work. She said we could "re-visit" at that time. She wouldn't put me on a list to buy back or give me any information about doing so. Any suggestions on how to get on that list?

Just call Stephanie back and say you want to deed back your property. That’s it. Don’t get into a discussion or ask for their advice. In the meantime don’t pay any fees or answer calls or fall for any threats.

suet101 wrote:

We stopped paying our maintenance fees this year, and have also received calls and now a letter stating that 16% interest and a late fee will be charged if we don't respond by the "due date," which is unspecified. I called and talked to Stephanie in Financial Services, and she "strongly recommended" that we pursue selling on our own, gifting to someone else, or transferring the deed to someone else - there's no-one that I dislike that much though lol. Since I know those are all delay tactics, I asked her what would happen when those wouldn't work. She said we could "re-visit" at that time. She wouldn't put me on a list to buy back or give me any information about doing so. Any suggestions on how to get on that list?

We've been owner since 1999. Just last 3 or so years stopped going and stopped paying our fees. After a letter to club airing our complaints and disputes was offered the trifle $100. Ignored it. Now getting a letter from TMC about foreclosure....anyone else get foreclosure letter?

The Manhattan Club Scam Continues!

Defendants Bruce Eichner, and O. Park Central, LLC, T Park Central, LLC admitted guilt and were barred from the timeshare industry for life, but to this day they maintain an active role in the purchase and sale of TMC timeshares, in violation of the New York Attorney General's 2017 Assurance of Discontinuance or AOD.

The Manhattan Club is offering currently $100 buybacks of $20,000+ timeshares.

The Manhattan Club Timeshare Association is being bought over by Holiday Inn. That's why there is such a rush to get deed backs in. The more deedbacks that come in, the more money Scott Lager and Bruce Eichner will receive on the buyout. The Association won't see any of the buyout money even though the units are deeded back into the Association's name.

Everything is going to flow through TIA(Timeshare Interval Association). This is a shell company that was set up by Heather Nelson (A previous employee of The Manhattan Club). Scott Lager and Bruce Eichner are silent partners. The company was originally set up to funnel bluegreen buybacks through so Scott Lager and Bruce Eichner could enrich themselves even more. A couple years ago when the bluegreen deal fell through TIA had no revenue and no assets. Heather Nelson (Owner of TIA) and Daniel Cipriano(Previous Manhattan Club employee and TIA employee) were then put back on the Association's payroll. They are currently still on the payroll. The Manhattan Club has also been paying all of TIA's expenses. Including rent, utilities, misc cost. It's just another example of Scott Lager and Bruce Eichner using the Timeshare Association as their personal piggy bank. They've been doing this since the beginning of The Manhattan Club.

Irene Smalls

Thank you Irene! I, for one, greatly appreciate your research to un-earth this information.

Who says “crime doesn’t pay” This is as anti American as one can get. Just ignore the laws.

Irene,

Thanks for posting your update. This disturbing new info just adds to the many reasons we have formed a new Facebook group, "Justice for Manhattan Club Owners", that can be found at the following link, https://www.facebook.com/groups/285143193617063.

MISSION STATEMENT of the "Justice for Manhattan Club Owners" Facebook group:

We seek to provide The Manhattan Club (TMC) owners with information and accurate updates concerning the current lawsuit representing over 200 TMC plaintiffs. We hope to raise awareness of the extreme predatory behavior engaged in by the Eichner defendants that led to them pocketing millions, while owners, who are mostly seniors, were defrauded out of $23,000 to $53,000, depending on the timeshare package purchased. We plan to coordinate legislative, regulatory and media outreach efforts, and to advocate against current practices that allow timeshare developers to deliberately oversell availability, and understate early maintenance fees. Our goal is to stop the unscrupulous conduct of TMC and achieve adequate compensation for owners.

If you are seeking justice for the fraud that has been perpetrated against you, join our new group. Let's stop complaining and take action!

Bob Biello

My wife and I had stopped paying maintenance fees after last year. TMC responded late last summer with a notice of overdue maintenance fees along with an offer to buy back our share at $100, with past maintenance charges dropped. We opted for the buyout to limit both our future losses and the continuing hassle dealing with TMC. Within 5 days of notifying TMC of our decision, we received papers to finalize the buy back. Within about 3 months we received the $100 check (this past Friday, in fact). The positive side to all of this - since we do enjoy staying at the Manhattan Club - is that we can rent a room there for a week for much less than we paid in annual maintenance fees for our week-long share. We probably should have known better than to ever buy into TMC. But to err is human - though I don't think it is possible to ever forgive Eichner and TMC (though it appears nothing will ever slow down their illicit dealings). The past 10 years of TMC is finally a closed chapter for us. Now, onto a new chapter.

Karl Hess

Congratulations on your smart decision!

Thank you for the update. I am still waiting for my buyback after notifying them a year ago. Does anyone know when the new ownership will happen and will they honor the Tmc timeshares?

Make sure that all owners are made aware that their investment is at jeopardy. Do not let these theives get away with our investment.

Holiday Inn timeshare is a subsidiary of Orange Lake and in my opinion one of the most ruthless developers. I feel sorry for anyone who finds themselves in a situation where they have to divest themselves of an Orange Lake or Holiday Inn timeshare.

Irene, what do you suggest the rest of us do? Should we just stop paying and let our units go?

Cathy Gavriel

Irene................who do we send notice to indicate our interest in a buy back? We have stopped paying the maintenance fee and have received one notice of delinquency to date. No intention of paying it.

Thanks.

Jim

Hi Bonnie, We have also received a foreclosure letter. Not sure what action we should take.

This is the latest update on my continuing legal battle with the Manhattan Club. Irene Smalls

https://tarda.org/f/a-pro-se-manhattan-club-lawsuit---quest-for-justice

Thank you for this info I am still on deed back list and everything is paid up until 2023 so I guess when I stop paying they will do the for me. Thank you for sharing Irene

thank you Irene for this info. There is hope for me and my sister