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We took tour in NYC

Quilter

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We we're at the Hilton Club. Salesman said he was marketing the HGVC property on 57th St. BUT there would be good incentives for Hilton Club because they want to close out the sales in that property.

With our 7 Marriott weeks and the fact we're empty nesters he had to find an angle to market to us. He used the angle of getting smallest package (studio, 5250 Club points) so we could turn it in for hotel points.

Im posting from hotel lobby and don't have
Papers in front of me but I want to say it would be $37k. Incentives , including something to do with credit card, would get is to about million HH points.

Thoughts?
 

CalGalTraveler

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Not a good deal. Buying HGVC to get HHonors points is a bad deal. If you want timeshare, you can buy resale of 5250 points studio at W57 for $15 - 22k. Same HHonors points conversion. However if you are not going to use NYC consistently, better to buy cheaper points at another location and trade in via HGVC or RCI for that occasional visit.
 
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Nomad420

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We we're at the Hilton Club. Salesman said he was marketing the HGVC property on 57th St. BUT there would be good incentives for Hilton Club because they want to close out the sales in that property.

With our 7 Marriott weeks and the fact we're empty nesters he had to find an angle to market to us. He used the angle of getting smallest package (studio, 5250 Club points) so we could turn it in for hotel points.

Im posting from hotel lobby and don't have
Papers in front of me but I want to say it would be $37k. Incentives , including something to do with credit card, would get is to about million HH points.

Thoughts?
FWIW that is a far better deal than I got last year from the developer :-(. Same deal BTW. At the time resale pricing was nearing $30K for that "package"! I agree with CalGal don't but for HH points, just crazy. We stay in NYC and plan on adding points through the resale market.
 

brp

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Not a good deal. Buying HGVC to get HHonors points is a bad deal. If you want timeshare, you can buy resale of 5250 points studio at W57 for $15 - 22k. Same HHonors points conversion.

Is it really that low to pass ROFR? I do see some listings that low, but I did when we bought and Judi Kozlowski let me know that the ROFR line was above that. Do we know that $15K (or even $22K) will pass the line?

(Certainly can be had for less than $37K, but just not sure, realistically, how much lower.)

Cheers.
 

CalGalTraveler

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@brp It would be very nice if the ROFR is significantly higher. I simply based this value on listings that I have seen online.
 
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