|
Buying an apartment in a co-op is an exercise in financial exhibitionism. A board combs through your bank statements, tax returns and testimonials and then, if you pass muster, grants you access to its cloistered world. But sometimes it doesn’t. The board package, a dossier of financial and personal details that can run hundreds of pages, offers a complete picture of you. So if the board sifts through that material and decides you’re not good enough, it’s hard not to take the news personally. A board does not have to give you a reason for its decision — it can reject a candidate
|
