Manhattan Club Lawsuit

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TMC is renting out suites for $271 per night thru exchange company SFX (by David C.):

charlesm548 wrote:
Elaine ... please be sure to get this info re: SFX to Mr. Schneiderman's office!
This is in direct violation of his cease and desist order.

It is my understanding that the Timeshare Association is not a party to the AG's court order. The advertised rentals are presumably currently unsold units, or perhaps from the many units that were previously sold back or foreclosed upon, and hence not in the owner's pool. The revenues from these rentals are projected to be about 12% of the Association's income in 2016, and thus help to offset the owners' timeshare charges. It does not appear to be in the owners' best interests to raise this as an issue.