Tag: Rejection

TYAToMLG / the power (or wisdom) of a coop board rejecting a buyer because of price

Two Years Ago Today on Manhattan Loft GuyAbout the legal authority of a coop board to reject a purchase to ‘protect’ shareholders, and whether that makes any sense: power of a coop board to reject a deal as "too low"??

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for rejected coop buyer: screwed? yes; recourse? not so much

Manhattan real estate is not a benevolent universeI referred a week ago (Jan 20, adventures in nephrology / about that kidney donation….) to a long phone conversation with a long-time Manhattan Loft Guy reader as something "for another post". Here’s

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