Original Message:
Re: The Manhattan Club Lawsuit - RedWeek's Report & Most Recent Info (by Gail J.):
William - were you one of the original purchasers and have you been following this case? Were you aware the the NY Attorney General sent in investigators disguised as potential purchasers and recorded the shady dealings and this is how litigation began. Did you know that in court it was revealed that although the Manhattan Club owners are charged for management, it came out that Eichner has no employees but yet was charging a big management fee. Did you know that many, many owners were never able to get a reservation yet Eicher's side companies was renting out the units and those monies were not going to the Manhattan Club. That the owners who never got a reservation were still billed for maintenance fees. Or were you aware that people can't even give their units away? Check out resales on RedWeek.com. And were you aware that things can never change because Eicher worded the documents so that he always has control of the Board and can choose people that side with him on policy, HOA fees, contracts? Also, the court refused to allow Eichner to charge the Manhattan Club owners for his legal fees. So, I am glad you are pleased with your purchase but those of us who purchased our units based on proven misrepresentations deserve to have our day in court. We should be granted an order requiring Eichner and his co horts to repurchase our time shares for what we paid for them. And since you feel these timeshares are such a good investment, perhaps you or your friends will consider purchasing our turned in weeks. It could prove to be a good deal for new purchasers because I doubt if Eicher will ever be able to resell our timeshares for what we initially paid for them
sallyw109 wrote:williamm465 wrote:What can you do to prevent this? Try paying your bills on time and in full. I am very happy with my ownership, but my fees go up in part because dead beats don't fulfill their obligations. I guess it's a sign of the times. "I screwed up, but it is someone else's fault."Sorry, williamm465, you've got that wrong. The Eichners screwed up when they thought they could permanently perpetrate their scam. Once their deception, deceit, and criminal activity were disclosed, they lost all moral right to continue fleecing their victims. As to legal right, we're still waiting to see. I didn't screw up; I honestly and openly entered into a transaction with what I thought was a legitimate and honest business. Turns out, it isn't, and I'll no longer fund their crimes or their continued fight against the law and their victims.