New York City's highly competitive co-op market can be a daunting experience for even the most seasoned buyers. When a co-op board rejects a potential buyer's application, it can leave them feeling frustrated and in the dark. But do co-op boards have to reveal the reasons behind their decision? According to a recent court ruling, the answer is a resounding "maybe." In this article, The New York Times explores the complex world of co-op board decision-making and the limited transparency that often surrounds it, leaving buyers wondering what they could have done differently.
Rejected by a Co-op Board: Do They Have to Tell You Why? The New York Times
