If you happen to be pitched a fractional ownership in the Manhattan Club in NYC, throw it in the trash.I have been an "owner" for a decade, and in spite of promises from the sales group of availability of my unit anytime, even on short notice, it's obvious that the organizers have oversold the occupancy capacity.
We can't use our aprtment, regardeless of how early we try to book it. The place is always "sold out"
And resale value is next to zero so we are stuck paying ever increasing "maintenance" and tax bills.
I suspect the developers are purposely trying to wear out the investors so they can walk away with a free Manhattan building built with other people's scammed money.
This is a scam.DO NOT EVEN LOOK AT THE PLACE
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