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Re: Manhattan Club Lawsuit (by Dennis C.):

TMC Fees: To pay, or not to pay.... is a good question. All owners have to make that decision. I'm no lawyer but it seems to me that whatever the outcome of the NYSAG case, the owners will end up in several different categories with different 'rights' should there be some kind of relief for owners. And that will need to be sorted out legally.... which also won't be easy. There are those who: 1) paid all mortgages, and paying taxes & maintenance 2) paid mortgages and taxes, but not paying maintenance (not sure how TMC actually handled owners attempts to separate taxes from maintenance) 3) paid mortgages, but are not paying taxes and maintenance 4) are still paying on outstanding mortgages and paying taxes & maintenance 5) have stopped paying mortgages, and not paying taxes and maintenance

There are some combinations that i've not listed (e.g. intermittent payments in one of the categories), but the point is that we have different 'legal' relationships both with TMC and the government (taxes & deeds). Just something to consider in your decisions about paying or not.