A place where old elephants go to die. An equity membership goes on forever! If you die, your spouse and children will be responsible for paying the dues each month. The only way out is to pay someone to take your membership. There is no transparency to anything that goes on. A bunch of crooks who sucker you in by offering an equity membership at no cost. Once you are an equity member, you can never get out. If you are late with a payment, they tack on interest and penalties and if you are a month late, they suspend your membership but keep compounding your dues. Then, they charge a fee to reinstate your membership. If you don't ever receive the "membership certificate" that they claim they sent, you have to pay another fee and file a "lost certificate fee".
And last , but not least, the clubhouse smells like a geriatric ward.