"Deal Fell Through" or Discriminatory Board?

The co-op seller's agent would not even let a prospective buyer get into contract unless the buyer's financials meet the building's threshold. This deal "fell through" because the board rejected the buyer's application under circumstances strongly suggestive of illegal discrimination. Co-ops have no accountability for rejections and don't have to give an explanation for them, which is why illegal discrimination is sill rampant among co-ops. And if a board has done it once, they'll no doubt do it again, so think twice before wasting money and months of your time on the 400+ page application process at 40 E 88th St.