How strict is the board at this building? Do they want buyers to have multiples of the purchase price in cash on hand?

I looked here... My understanding [second-hand from a broker friend] is that there is no fixed multiple or magic number, but (1) financial requirements are very stringent and (2) 3x the contract price liquid is considered solid. 50% financing is allowed, but I heard a financing contingency may work against a buyer. There have been recent turndowns, if you've followed on streeteasy...