In Matter of Palm Management Corp v. Goldstein (8 NY3d 337 [2007]) the Court of Appeals construed the 60-day time limit in Village Law 7-712 and stated that its purpose is "to provide repose for property owners and those who might buy or lend money on the property; they should be able to rely on the fact that the time to appeal from the issuance of a certificate of occupancy has run" (8 NY3d at 341).