The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

Hudson Yards: do we know what is being built there?

We witnessed the massive construction around Hudson Yards in Manhattan for those on the west side. If you don’t venture above 23rd Street or have meditated in India for two years, Hudson Yards in NYC will become the most massive… Read More

REBNY Financial Statement Template – Downloadable 2023

Does the listing agent ask you to submit a REBNY form Financial Statement in NYC with your offer to buy an apartment? A REBNY form was only provided for co-ops in NYC real estate market. However, this financial disclosure form… Read More

What is a “capital contribution fee” in NYC real estate?

I decided to write a quick blog post on this concept after we saw this new term emerging from the New Construction jargon. Several home buyers using NestApple asked us what a capital contribution fee in NYC is. Sometimes, people… Read More

Do-it-Yourself Real Estate Due Diligence in NYC

When you are buying property, it can feel like so much is happening all at once. The attorneys finalize the deal and draft and negotiate the contract quickly. Then, the building’s board and management provide various “due diligence” materials. A wealth… Read More

Land Leases – What NYC Buyers Should Know

Ground leases are relatively common in a New York City commercial real estate lease. Some of New York’s most unique properties, like the Chrysler Building, carry one. While searching for an apartment, buyers sometimes find a listing too good to… Read More

How much real estate attorneys charge in New York in 2023

Buying a property in New York involves a series of expenses. The property remains the most significant chunk, but you must add the cost of getting a mortgage, paying the mortgage broker, broker’s fees, inspection costs, and the real estate… Read More