Manhattan Club timeshare owners allege hotel is oversold

New York /
Dec.December 02, 2013 12:25 PM

Developer Ian Bruce Eichner is facing a lawsuit from timeshare owners at the Manhattan Club resort who claim that a weekly room shortage has prevented them from booking rooms or selling their shares on the market.

In a New York State Supreme Court lawsuit, the owners alleged that more than 18,000 ownerships at 200 West 56th Street have been sold for 286 rooms, resulting in a minimum shortage of 69 rooms every week, the New York Post reported.

Lawyer Joel Weiss, who is representing Eichner, told the Post he expects the lawsuit to be dismissed because two previous suits met such a fate. In 2011, five timeshare owners claimed that Eichner did not grant them access to their timeshares, despite booking up to nine months in advance, and that he instead rented them out to the general public.

“The overwhelming number of the Manhattan Club’s purchasers have been exceedingly happy with their timeshare ownership and are obtaining the benefits they were promised,” Weiss told the Post. [NYP]Mark Maurer


Related Articles

arrow_forward_ios
43 East 53rd Street with ZG Capital Partners’ James Tamborlane and Bobby Zar (Google Maps, LinkedIn)
Bobby Zar buys Midtown office building for 15% less than 2015 price
Bobby Zar buys Midtown office building for 15% less than 2015 price
415 Madison Avenue and Rudin Management’s Bill Rudin (SOM, Rudin Management)
Rudin moves ahead with office building at 415 Madison Avenue
Rudin moves ahead with office building at 415 Madison Avenue
Ian Bruce Eichner with 960 Franklin Avenue (960 Franklin)
Bruce Eichner out of Crown Heights project; owner to go it alone
Bruce Eichner out of Crown Heights project; owner to go it alone
Silverback's Josh Schuster and Hopson's Chu Mang Yee with rendering of the project at 131-141 East 47th Street (LinkedIn, Getty, Ismael Leyva Architects)
Hopson nabs $156M for Midtown tower, agrees to part ways with Silverback
Hopson nabs $156M for Midtown tower, agrees to part ways with Silverback
Vanke US managing director Kai-yan Lee, RFR’s Aby Rosen and 100 East 53rd Street (Vanke US, Getty, M18 Public Relations)
With Aby Rosen out, Chinese developer slashes Midtown condo prices
With Aby Rosen out, Chinese developer slashes Midtown condo prices
Retail landlord Jack Terzi and 240 East 54th Street (Jack Terzi)
Terzi owes $58M and counting on Midtown SoulCycle building: suit
Terzi owes $58M and counting on Midtown SoulCycle building: suit
825 Third Avenue in Manhattan in NYC with Durst Organization financial associate Lucas Durst (LinkedIn, 825 Third Avenue)
Durst scores $100M loan for 825 Third
Durst scores $100M loan for 825 Third
ZG, Rialto buying former Santander building for $105M
ZG, Rialto buying former Santander building for $105M
ZG, Rialto buying former Santander building for $105M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...