Tuesday, February 7, 2017

Manhattan Club News

Some of you are aware of the ongoing nasty business at The Manhattan Club.

If you're not, I urge you to do some research; it will serve as a cautionary tale and spur you to pay more attention to what is going on at your resort.

For those of you who are affected, here's some important information:

Court:   New York Civil Supreme

Index Number:  654023/2015


Case Type:          Cd-Econtract

Track:    Complex

This is Class Action so will include all owners. Mr. Wasser's group is separate. People don't Have to join Class Action.

This is a separate action from the one that Mr. Wasser is handling.

Owners should continue to contact NYAG's office.


TMC has new counsel—that is why the early February hearing on unfreezing legal fees was postponed until 3/31. new firm, Gibson Dunn .. and the bad news: http://www.gibsondunn.com/lawyers/rmastro;

He is a NYC mover and shaker, and a very expensive lawyer and law firm. It is costing TMC/Urban a ton. This is the law firm that represented the State of New Jersey/Gov. Christie in the Bridgegate case.

Everyone should make sure they have written to the judge objecting to this; and (2) maybe getting some people to the argument on 3/31 even if it might be postponed again. This is a big hearing—if the judge allows TMC’s/Urban’s motion, they may be allowed to be paid legal fees out of owner maintenance fees. In previous briefs filed with the court, TMC has already argued that its legal fees for all defendants are running $50K-$100K/month. Once the discovery gets going, it will cost even more.
Write to:

Honorable Justice Eileen Rakower,
Supreme Court of the State of New York 
71 Thomas St.
Part 15
New York, New York 10013


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