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Manhattan Club - At what price do they exercise right of first refusal?

Discussion in 'Buying, Selling, Renting' started by mommy-of-4-kids, Feb 28, 2006.

  1. mommy-of-4-kids

    mommy-of-4-kids Guest

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    I'm looking at a 1 bed, 2 bath unit. Every year usage. No blackout dates. Founder's level; no weekend restrictions. What is the cutoff price for right of first refusal?
     
  2. CaliDave

    CaliDave TUG Member

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  3. mommy-of-4-kids

    mommy-of-4-kids Guest

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    Since he sells these and currently has a similar property in his listings, do you think I'll get a straight up answer? I'm looking at a unit that he isn't selling, although he has an identical unit.
     
  4. CaliDave

    CaliDave TUG Member

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    He has always been helpful and honest with me, even when I wasn't buying anything from him. I don't think you'll find a more honest reseller.
    I'm pretty sure he's one of the top sellers of Manhattan club. I'm sure he'll know exactly where ROFR is.
     
    Last edited: Mar 1, 2006
  5. mommy-of-4-kids

    mommy-of-4-kids Guest

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    Thank you. I've emailed him. We'll see what happens.
     
  6. Amy

    Amy TUG Member

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    I've had similar experience. If I were in your shoes I'd definitely ask Seth re ROFR level as part of my research process.
     
  7. mommy-of-4-kids

    mommy-of-4-kids Guest

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    I'm not getting a response from Seth.

    The owner called the Manhattan Club. They informed her that they do have 30 days to exercise the right of first refusal. The owner asked what the chances are of them buying it after I make an offer. The person at the Manhattan Club said "slim".
     
  8. Seth Nock

    Seth Nock Guest

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    Hi,
    I didn't get your email. Email me your # or the price you were thinking of offerring and I will tell you if I think it will make it past ROFR.
     
  9. mommy-of-4-kids

    mommy-of-4-kids Guest

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    Seth,
    I used the email link here on TUG to try again. Hopefully you will get it this time. Thanks for responding here.
    Gina
     

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