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Will Kwan, a co-op board member who testified Tuesday against a bill requiring boards to tell rejected buyers why they were denied, said he can “count on one hand the number of applications we have rejected” during his 28 years on the board. So, if the bill passes, only about once every seven years would his board have to explain a rejection to a would-be buyer. Not a compelling argument against it, Mr. Kwan! But I don’t want to pick on a long-serving, unpaid board member. I am one myself. Fortunately, City Council member Eric Dinowitz voiced an even more […]

This article originally appeared on The Real Deal. Click here to read the full story.

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