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.

What is a Commercial Real Estate Letter of Intent? (2025)

What is a Letter of Intent in commercial real estate sales and leasing? Is a Letter of Intent binding? What terms and conditions are typically discussed? In this guide, we will clarify everything you need to know about Letters of… Read More

Tips for NYC Coop Board Package Reference Letter (2025)

A typical NYC co-op board application requires applicants to submit three to six letters of personal and professional reference. It’s essential to request the Board Package Reference Letter as soon as you have a fully executed purchase contract. To be… Read More

Cheapest Places to Live in California (2025)

The most affordable places to live in California and in the United States include Clearlake, Eureka, Bakersfield, and Stockton. Despite the state’s reputation for high real estate prices, these areas offer significant affordability. For instance, Clearlake has the lowest median… Read More

Best Neighborhoods to live in Queens (2025)

Queens is the largest borough by area in New York City and boasts remarkable diversity. Some of the best neighborhoods to consider in Queens include Long Island City, Forest Hills, and Middle Village. Here are the top places to live… Read More

Can you place Verbal Offers in NYC Real Estate? (2025)

When purchasing a property in NYC, you might want to submit a verbal offer. However, it’s essential to resist this temptation. Verbal offers in NYC are rarely taken seriously, as they can weaken your negotiating position and ultimately decrease your… Read More

What is “Step-Up in Basis” in Real Estate (2025)

The step-up in basis for real estate is an important tax provision that applies to properties and other assets transferred upon death. This provision allows heirs to inherit property at a new basis equal to the fair market value of… Read More