The real estate investors I talk to about Certificates of No Harassment universally detest the program. It’s even disliked by the lawyers who get paid to fix owners’ CONH problems. Yet the Real Estate Board of New York supported the bill passed by the City Council last week to expand the law and make it permanent. One might ask: With friends like REBNY, who needs enemies? The organization gave me several reasons for backing the legislation, which adds time and expense to the process of renovating buildings and sometimes blocks it altogether. REBNY’s most compelling rationale is that the bill […]

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